May 30, 2007 - Appelmann To Take Over Presidency of Stock Building Supply
Hord has led Stock Building Supply for the past 20 years as CEO. Under his guidance, Stock has grown from seven North Carolina stores with sales of $113 million, to 310 locations in 34 states with a record $5.3 billion in sales in 2006, for a compound annual growth rate of 22%.
Appelmann joined Stock in 1988 and has held senior management positions in finance, manufacturing and logistics. He is currently responsible for Stock’s operations across the country.
Stock Building Supply, a subsidiary of Wolseley plc, which also owns Ferguson (Newport News, VA), provides building materials and construction services to professional contractors in the United States. For more information, visitwww.wolseley.com.