Joseph M. Viselli retired as Chief Executive Officer at TopBuild Corp.
“In connection with the retirement of Joseph M. Viselli, as previously disclosed in TopBuild’s Current Report on Form 8-K filed with the SEC on April 17, 2026, in recognition of his contributions to TopBuild and in consideration of his ongoing restrictive covenants and other post-employment obligations, on June 30, 2026, the Compensation Committee of TopBuild’s board of directors approved a cash payment to Mr. Viselli in the amount of $894,539, less applicable taxes and withholdings (the “Cash Payment”).”
Debt Financings
TopBuild Corp incurred senior notes of $750.0 million at 5.625% maturing mature on January 31, 2034.
“On September 25, 2025 (the “ Closing Date ”), TopBuild Corp., a Delaware corporation (the “ Company ”), completed its previously reported private offering of $750.0 million aggregate principal amount of 5.625% Senior Notes due 2034 (the “ Notes ”).”
David Fischer was appointed as President of Specialty Distribution at TopBuild Corp.
“On the same day, the Company appointed David Fischer as President of its Specialty Distribution business.”
John Achille was appointed as Vice President and Chief Operating Officer at TopBuild Corp.
“Effective on May 16, 2025, TopBuild Corp. (the “Company”) appointed John Achille its Vice President and Chief Operating Officer.”
Joseph M. Viselli changed role as Chief Growth Officer at TopBuild Corp.
“Effective October 1, 2024, Joseph M. Viselli, Chief Operating Officer of TopBuild Corp., a Delaware corporation (the "Company"), transitioned to the role of Chief Growth Officer of the Company”
Earnings Releases
TopBuild Corp reported quarter ended March 31, 2024 results: revenue $1,278,717, net income $152,381, EPS $4.79. Guidance raised.
“3 Months Ended 3/31/24 Reported Change “We are proud of our first quarter results, which reflect the strength of our business, our ongoing drive to improve, and the hard work of our team. “We continue to focus on growing the business – both organically and through M&A – and delivering operational improvements, as evidenced by the 100 basis point expansion in our first quarter adjusted EBITDA margin year over year.” ROBERT BUCK, PRESIDENT & CEO, TOPBUILD Sales $1,278,717 1.1% Gross Margin 30.3% 100 bps SG&A as % of revenue 13.5% 0 bps Operating Profit $214,508 7.6% Operating Margin 16.8% 100 bps Net Income $152,381 12.2% Net Income per diluted share $4.79 11.9%”
Robert J. Franklin departed as President, Specialty Distribution at TopBuild Corp.
“On March 14, 2024, Robert J. Franklin notified TopBuild Corp. (the “Company”) of his intention to retire from the Company as President, Specialty Distribution, effective October 1, 2024.”
“to again demonstrate the unique advantages of our operating model and take advantage of our multiple avenues for growth.” ROBERT BUCK, PRESIDENT & CEO, TOPBUILD Sales $ 5,360 $ 5,560 Adjusted EBITDA* $ 1,040 $ 1,130 *See table for adjusted EBITDA reconciliation. 2024 Assumptions Residential Revenue Mid Single”
Earnings Releases
TopBuild Corp reported the fiscal year ended December 31, 2023 results: net income Net Income $614,254, EPS Net Income per diluted share $19.33. Guidance initiated.
“On February 28, 2024, TopBuild Corp., a Delaware corporation (the “Company”), issued a press release announcing its financial results for the quarter ended December 31, 2023 (the “Press Release”).”
Earnings Releases
TopBuild Corp reported the quarter ended December 31, 2023 results: net income Net Income $146,382, EPS Net Income per diluted share $4.60. Guidance initiated.
“On February 28, 2024, TopBuild Corp., a Delaware corporation (the “Company”), issued a press release announcing its financial results for the quarter ended December 31, 2023 (the “Press Release”).”
Jeffrey M. Krestancic was appointed as President, TruTeam at TopBuild Corp.
“At the same time, Jeffrey M. Krestancic will take on the role of President, TruTeam.”
Steven P. Raia was appointed as President, TopBuild Special Operations and Executive Adviser at TopBuild Corp.
“Effective immediately, Steven P. Raia, President, TruTeam Operations of TopBuild Corp., a Delaware corporation (the “Company”), will be taking the role of President, TopBuild Special Operations and Executive Adviser for the Company.”
Earnings Releases
TopBuild Corp reported the quarter ended September 30, 2023 results: revenue $1,326,120, net income $167,602, EPS $5.27. Guidance reaffirmed.
“business model provides multiple avenues for growth, and we see continued opportunities in all three end markets we serve.” ROBERT BUCK, PRESIDENT & CEO, TOPBUILD Sales $1,326,120 1.9% Gross Margin 31.7% 130 bps SG&A as % of revenue 13.8% 50 bps Operating Profit $237,492 6.6% Operating Margin 17.9% 80 bps Net Income $167,602 9.0% Net Income per”
Madeline Otero was appointed as Vice President and Chief Accounting Officer at TopBuild Corp.
“On September 19, 2023, TopBuild Corp. (the “Company”) announced its intention to appoint Madeline Otero as Vice President and Chief Accounting Officer.”
Debt Financings
TopBuild Corp incurred term loan of $550.0 million with Bank of America, N.A. at Term SOFR or the Base Rate plus an applicable rate ranging from 1.50% to 3.00% f maturing October 7, 2026.
“The Amendment, among other things, (i) increases the Permitted Increase Amount (as defined in the Credit Agreement) from $300.0 million to $850.0 million and (ii) provides for a new $550.0 million delayed draw term loan facility (the “Delayed Draw Term Loan”), the proceeds of which will be used, in part, to finance the Transaction (as defined below), including the payment of related fees and expenses.”
Material Agreements
TopBuild Corp amended Amendment No. 4 with Bank of America, N.A. valued at $550.0 million delayed draw term loan (effective 2023-07-26).
“The Amendment, among other things, (i) increases the Permitted Increase Amount (as defined in the Credit Agreement) from $300.0 million to $850.0 million and (ii) provides for a new $550.0 million delayed draw term loan facility (the “Delayed Draw Term Loan”), the proceeds of which will be used, in part, to finance the Transaction (as defined below), including the payment of related fees and expenses.”
Shareholder Votes
TopBuild Corp shareholders approved Approval, on an advisory basis, of the compensation of the Company's named executive officers. at the 2023-05-01 meeting.
“Proposal 3: Approval, on an advisory basis, of the compensation of the Company’s named executive officers. Votes “For” Votes “Against” Abstentions Broker Non-Votes 27,367,722 614,598 23,865 1,504,460”
Shareholder Votes
TopBuild Corp shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP to serve as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-01 meeting.
“Proposal 2: Ratification of the appointment of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. Votes “For” Votes “Against” Abstentions Broker Non-Votes 29,390,926 101,642 18,077 0”
Shareholder Votes
TopBuild Corp shareholders approved Election of directors to serve until the Company's 2024 Annual Meeting of Shareholders. at the 2023-05-01 meeting.
“Proposal 1: Election of directors to serve until the Company’s 2024 Annual Meeting of Shareholders. Votes “For” Votes “Against” Abstentions Broker Non-Votes Alec C. Covington 27,478,330 513,397 14,458 1,501,460 Ernesto Bautista, III 27,496,485 495,267 14,433 1,501,460 Robert M. Buck 27,837,375 154,991 13,819 1,501,460 Joseph S. Cantie 27,498,229 493,584 14,372 1,501,460 Tina M. Donikowski 27,445,598 547,209 13,378 1,501,460 Deirdre C. Drake 27,757,248 234,987 13,950 1,501,460 Mark A. Petrarca 27,496,704 494,937 14,544 1,501,460 Nancy M. Taylor 27,411,574 580,858 13,753 1,501,460”
Earnings Releases
TopBuild Corp reported year ended December 31, 2022 results: revenue $5.0 billion, net income $556.0 million, EPS $17.14.
“Full Year Highlights ● Sales increase 43.7% to $5.0 billion, with same branch revenue increasing 18.8% ● Net income increases 71.6% to $556.0 million, or $17.14 per diluted share ● Adjusted EBITDA margin expands 140 basis points to 18.8%”
Earnings Releases
TopBuild Corp reported quarter ended December 31, 2022 results: revenue $1.3 billion, net income $143.8 million, EPS $4.52.
“TopBuild Reports Fourth Quarter and Year-End 2022 Financial Results Fourth Quarter Highlights ● Sales increase 18.9% to $1.3 billion, with same branch revenue increasing 14.2% ● Net income increases 83.6% to $143.8 million, or $4.52 per diluted share ● Adjusted EBITDA margin expands 170 basis points to 18.8%”
Deirdre Drake was appointed as Director at TopBuild Corp.
“On December 14, 2022, the Board of Directors (the “Board”) of TopBuild Corp., a Delaware corporation (the “Company”), appointed Deirdre Drake, Executive Vice President, Chief People Officer and Head of Communications at United States Cellular Corporation (“UScellular”), to the Board, and expanded the size of the Board from seven to eight persons, each effective as of January 1, 2023.”
Earnings Releases
TopBuild Corp reported the nine months ended September 30, 2022 results: revenue $3,744,201, net income $412,156, EPS $12.63.
“9 Months Ended 9/30/22 Reported Change Sales $3,744,201 54.5% Gross Margin 29.7% 120 bps SG&A as % of revenue 13.8% 0 bps Operating Profit $594,049 65.9% Operating Margin 15.9% 110 bps Net Income $412,156 67.8% Net Income per diluted share $12.63 70.4%”
Earnings Releases
TopBuild Corp reported the quarter ended September 30, 2022 results: revenue $1,300,998, net income $153,746, EPS $4.76.
“3 Months Ended 9/30/22 Reported Change Sales $1,300,998 53.8% Gross Margin 30.4% 80 bps SG&A as % of revenue 13.3% (50 bps) Operating Profit $222,874 66.6% Operating Margin 17.1% 130 bps Net Income $153,746 61.1% Net Income per diluted share $4.76 65.3%”
Joseph Viselli was appointed as Vice President and Chief Operating Officer at TopBuild Corp.
“Effective on October 10, 2022, TopBuild Corp. (the “Company”) appointed Joseph Viselli its Vice President and Chief Operating Officer.”
Carrie Wood was appointed as Vice President and Chief Accounting Officer at TopBuild Corp.
“On April 25, 2022, TopBuild Corp. (the “Company”) appointed Carrie Wood, Vice President and Chief Accounting Officer, effective immediately.”
Robert Kuhns was appointed as Vice President and Chief Financial Officer at TopBuild Corp.
“The Company intends to appoint Robert Kuhns, currently the Company’s Vice President and Controller, to replace Mr. Peterson as Vice President and Chief Financial Officer, effective as of April 1, 2022.”
John Peterson changed role as non-executive advisor at TopBuild Corp.
“John Peterson, Vice President and Chief Financial Officer of TopBuild Corp. (“TopBuild” or the “Company”), notified the Company that he intends to retire effective as of September 30, 2022. As part of an effective succession process, Mr. Peterson will step down from his position as CFO effective as of March 31, 2022, and assume the role of non-executive advisor”
Ernesto Bautista III was appointed as Director at TopBuild Corp.
“appointed Ernesto Bautista III to serve as a Director”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.