CFO Frank Lonegro to depart Feb 1, 2024 for CEO role; 2023 guidance reaffirmed

BEACON ROOFING SUPPLY INC

Frank Lonegro resigns as EVP & CFO effective Feb 1, 2024 to become CEO of another public company.
Company reaffirms full-year 2023 Adjusted EBITDA guidance of $910M-$930M, provided Nov 2, 2023.
Beacon expects to exceed Ambition 2025 revenue and shareholder return targets in 2023.
A formal search for the next CFO has commenced; no replacement named yet.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Frank A. Lonegro

Executive Vice President & Chief Financial Officer

BEACON ROOFING SUPPLY INC

Effective: 2024-02-01
Filed: December 4, 2023, 6:59 PM ET

On December 4, 2023, Frank A. Lonegro informed Beacon Roofing Supply, Inc. (the “Company”) of his decision to resign as the Executive Vice President & Chief Financial Officer of the Company, effective February 1, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Frank A. Lonegro resigned as Executive Vice President & Chief Financial Officer at BEACON ROOFING SUPPLY INC.

Action: resigned
Role: Executive Vice President & Chief Financial Officer

Exact text from the filing

On December 4, 2023, Frank A. Lonegro informed Beacon Roofing Supply, Inc. (the “Company”) of his decision to resign as the Executive Vice President & Chief Financial Officer of the Company, effective February 1, 2024.

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Source: SEC EDGAR

accession 0001193125-23-288414

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