BuildDirect Announces Appointment of New Chief Financial Officer

BuildDirect.com Technologies Inc. (“BuildDirect” or “Company”), a leading omnichannel building material retailer, announces that the Board of Directors has appointed Mr. Kerry Biggs to the role of Chief Financial Officer (“CFO“) of the Company effective July 22, 2024. BuildDirect’s Interim-CFO, Mr. Marshall Rosichuk, is resigning from this role with the Company effective July 21, 2024 but will remain with the Company in the role of advisor to ensure a smooth transition for the management team and the Board.

With over 25 years of finance and business experience, Kerry has held a variety of senior roles in both early-stage and established public companies across diverse industries including manufacturing, transportation, and retail. He has held CFO positions with companies listed on both the Toronto Venture Exchange and Canadian Securities Exchange and was previously Vice President, Treasurer at lululemon athletica with responsibility for capital markets, capital structure, treasury, insurance, and risk management activities for the NASDAQ-listed company. He also previously held other senior finance roles at GCT Global Container Terminals Inc, Finning International Inc. and Enbridge Inc. Kerry holds an MBA from the Richard Ivey School of Business (University of Western Ontario), a Chartered Professional Accountant designation, and a Bachelor of Arts, Political Science degree from the University of Victoria.

“We are excited to welcome Kerry to the Company after a rigorous search process,” said Shawn Wilson, CEO of BuildDirect. “Kerry is well aligned with our strategic direction and we believe he will be a strong addition to the team as we pursue our growth strategies together with a continued focus on disciplined capital allocation and improvement of the Company’s balance sheet. We are also deeply appreciative of Marshall’s expertise and efforts in the interim CFO role and look forward to a smooth transition for our team and business,” continued Shawn.

The appointment of Mr. Kerry Biggs remains subject to receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange.

About BuildDirect

BuildDirect (TSXV: BILD “BuildDirect” or the “Company”) is a growing omnichannel building material retailer. BuildDirect connects North American home improvement B2B and B2C organizations, and homeowners with quality building materials and services through its robust global supply chain network. BuildDirect’s growth trajectory, strong product offering, and proprietary heavyweight delivery network are delivering value today, solidifying its position as an innovative player in the home improvement industry. For more information, visit www.BuildDirect.com.

Source: BuildDirect.com Technologies Inc.