10/03/2023 | Press release | Distributed by Public on 10/03/2023 14:46
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(c) | Appointment of Kimberly A. DeBrock as Vice President and Chief Accounting Officer |
On September 29, 2023, the Board of Directors of BlueLinx Holdings Inc., a Delaware corporation (the "Company"), appointed Kimberly A. DeBrock to serve as the Company's Vice President and Chief Accounting Officer.
Prior to joining the Company, Ms. DeBrock, age 56, was engaged as a consultant for the Company beginning July 2023. From August 2022 until July 2023, she was engaged as a consultant for Mativ Holdings, Inc. Before that, she served as Vice President, Controller and Chief Accounting Officer for Neenah, Inc. (NYSE:NP) from March 2022 until it merged to become Mativ in July 2022, and prior to that she held various positions of increasing responsibility with Neenah since joining Neenah in 2012. Ms. DeBrock's experience prior to Neenah includes serving as Senior Audit Manager with KPMG LLP, Financial Reporting Controller with National Service Industries, Inc., and consulting engagements with General Electric Energy and Georgia-Pacific LLC.
There is no arrangement or understanding between Ms. DeBrock and any other person pursuant to which Ms. DeBrock was selected as an officer, and Ms. DeBrock does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. There are no family relationships existing between Ms. DeBrock and any director or executive officer of the Company.
In connection with her appointment as Vice President and Chief Accounting Officer, Ms. DeBrock entered into an offer letter with the Company pursuant to which she will receive an annual base salary and target annual bonus opportunity, and will be eligible to receive annual equity grants under the Company's Long-Term Incentive Plan, in amounts and with target values consistent with other similarly situated vice presidents of the Company. Ms. DeBrock will also participate in the Company's other compensation and benefit programs at levels consistent with her position and scope of responsibility.