DENVER, CO -- ProBuild Holdings Inc., one of the nation's largest professional building materials suppliers, announced Robert Marchbank has been appointed chief executive officer. Fred Marino, who had served as interim CEO for the past several months, will continue to serve as vice chairman of the Company's Board of Directors.
"Rob has been in the industry for nearly 30 years and brings tremendous insight and experience to ProBuild with both a strong U.S. and international business background," said Marino. "As CEO for Europe at Wolseley, Rob successfully ran multiple business operations across 19 countries. His ability to quickly identify issues and opportunities, adjust operations and improve performance for business units across a number of diverse markets will be invaluable to ProBuild."
Marchbank brings 28 years of management experience in the building supplies industry to ProBuild. Marchbank joins the Company from Wolseley plc, one of the world's largest trade distributors of plumbing and heating products and a leading supplier of building materials, currently with 41,000 employees in 16 countries. Most recently, he was CEO of European operations, where he ran multiple business operations across 19 countries and improved balance sheet performance across all businesses.
"I've spent my entire career in this industry, and I'm passionate about developing and implementing business strategies that drive profitable growth, foster innovation and improve efficiencies," said Marchbank. "ProBuild has a unique national footprint and industry position, and I look forward to working with the dedicated team of industry leaders at ProBuild as we strive to continually improve our performance and prepare to take full advantage of any future market upturns."
Marchbank built his career with Wolseley and its subsidiaries. In 1982 he joined Ferguson Enterprises, Inc., a U.S.-based subsidiary of Wolseley. Throughout his career at Wolseley, he served in several senior management-level roles, including managing director for U.K. and Ireland, and positions in IT management and strategic planning. Marchbank received his bachelor's degree in government from The College of William and Mary.
Source: ProBuild Holdings Inc.
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