LBM Advantage Appoints New Chief Executive Officer

LBM Advantage, Inc., one of the nation’s premier lumber and building cooperatives, is pleased to announce that after a meticulous selection process, the Board of Directors has chosen Dave DeJoy as Advantage’s new President/Chief Executive Officer succeeding Steve Sallah who has been CEO for the past sixteen years. DeJoy will officially step into his new role on August 19, 2024.

Since joining LBM Advantage in September 2021, DeJoy has displayed exceptional leadership and a wealth of experience spanning over three decades in finance, accounting, human resources, and sales operations. His impressive tenure includes pivotal roles at IBM, where he spearheaded strategic technology and financial initiatives.

As CFO, DeJoy has been instrumental in driving financial and IT operations forward, aligning closely with Advantage’s overarching goals. As President & CEO, he will continue to drive innovation and adaptive strategies while staying true to our company’s mission to “create a competitive advantage for our members by leveraging their collective power.”

On DeJoy’ appointment, current President & CEO, Steve Sallah states, “Having worked with David for the last three years, I am confident the cooperative is in good hands with his vision and steady leadership. He is an energetic, thoughtful and ethical leader with a long track record of success here and at IBM. As CFO, David embraced our mission and invested the time to understand the detailed workings of LBM Advantage, Inc.“

About LBM Advantage

LBM Advantage is a wholly member-owned cooperative for the lumber and building materials industry. Over four hundred independent members with over 1400 locations benefit from its multi-billion dollar purchasing power and staff of industry experts. The organization operates on core principles of service, transparency, and flexibility, and provides its members with a competitive advantage. LBM Advantage operates four locations in New Windsor, NY, Grand Rapids, MI, Smithfield, NC, and Conroe, TX, offering national programs with regional expertise.

Contact:

Maria Saraceno Ward – Marketing Manager – msaracenoward@lbmadvantage.com

Source: LBM Advantage, Inc.