LBM Advantage Appoints New Chief Financial Officer

LBM Advantage announces the appointment of Rich Kennealy as their new Chief Financial Officer. Kennealy brings over 25 years of experience in finance and operations. Most recently, he served as the Vice President of Product Finance and Analytics at Kaseya, a leading IT & Security Management software provider, where he played a key role in financial strategy and business analytics.

Throughout his distinguished career, Kennealy has held various executive positions at prominent organizations such as Red Hat, Qlik, Inc., and IBM, where he demonstrated his ability to drive financial performance and operational efficiency.

He holds a Bachelor of Science degree in Environmental Engineering from Rensselaer Polytechnic Institute (RPI) and an MBA from Carnegie Mellon University, further showcasing his strong academic foundation and leadership abilities.

Chief Executive Officer, Dave DeJoy states, “We are excited to welcome Rich Kennealy to the LBM Advantage family and look forward to the valuable contributions he will make as we continue to strengthen our financial operations and strategic growth.”

About LBM Advantage

LBM Advantage is a wholly member-owned cooperative for the lumber and building materials industry. Over 500 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 members 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 – (845) 220-3408

Source: LBM Advantage, Inc.