Wholly-owned lumber and building material cooperative LBM Advantage appointed Dave DeJoy as the organization’s chief financial officer. DeJoy will work from the LBM Advantage corporate headquarters in New Windsor, N.Y.
DeJoy joins the cooperative with more than three decades of experience in finance, accounting, and sales operations. He has previously held global positions with Asia Pacific and IBM. In the role of CFO for LBM Advantage, DeJoy will oversee all financial operations and help drive strategic financial imperatives across the cooperative’s member and vendor communities, according to the organization.
“It was clear that Dave’s extensive background in finance and management would be a great asset to LBM Advantage’s business performance,” Steve Sallah, LBM Advantage president and CEO, said in a news release. “We are delighted that he will be at the helm ensuring the success of our members.”
Sallah had served as the cooperative’s interim CFO during the search for a permanent executive.
“I am excited to join the LBM Advantage team and to be a part of this important, vibrant industry,” DeJoy said. “I look forward to teaming with our financial team members to drive continued growth of LBM Advantage and our members.”
LBM Advantage is a member-owned cooperative for the LBM industry. The organization has more than 500 independent members and operates four locations in New Windsor, N.Y., Grand Rapids, Mich., Smithfield, N.C., and Monroe, La.