EIGHTY FOUR, PA – Frank Cicero, a 27 year employee of 84 Lumber Company has been promoted to Chief Operating Officer. He most recently served as Executive Vice President of the nation’s largest privately held building materials and services company.
In addition the company has appointed long-time CFO Dan Wallach to Executive Vice President/Strategic Initiatives and Paul Lentz has been promoted from Controller to CFO. Cicero who started with 84 Lumber as a manager trainee will retain his responsibility for store operations and assume additional corporate responsibilities.
As EVP Strategic Initiatives, Wallach a 20 year veteran of 84 Lumber will oversee a newly created department which will be responsible for analyzing and bringing to market new products and service initiatives. Lentz with 24 years of experience in the company’s accounting department will seamlessly move into the CFO position.
“Over the past four years especially Frank and Dan have provided invaluable knowledge and leadership which has been instrumental in 84 Lumber being able to make the necessary decisions and strategic moves to come through the most significant housing downturn in history,” said 84 Lumber President and Owner Maggie Hardy Magerko.
“In the process of this I believe they both have discovered new and different ways to operate and a multitude of product and service areas which will help us to continue on our recovery growth path.”
Hardy Magerko noted that Lentz has an intimate knowledge of 84 Lumber and its’ accounting, auditing, financial, sales and inventory systems making him the ideal person for the CFO position.
“Beyond his financial expertise Paul has proven over the years to possess an exceptionally positive attitude and excellent management skills that I know will be important factors as 84 Lumber continues to move forward growing market share and expanding our scope of products and services,” said Hardy Magerko.
Founded in 1956 and headquartered in Eighty Four, PA, 84 Lumber Company is the largest privately held supplier of building materials, manufactured components and industry leading services to the new home and commercial construction markets.
The company operates 282 stores and component manufacturing plants in 35 states representing the top 150 markets in the country. Many stores include manufacturing facilities such as door shops and engineered wood centers and also offer turn-key installed construction services for insulation, framing, windows, roofing and after paint products. For more information please visit www.84lumber.com
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