In conjunction with Hardwick's appointment, the company announced the retirement of Stephen LeClair from his position as Executive Chair and Chair of the Board. James Castellano, previously the Lead Independent Director, will take over as Chair of the Board. Additionally, James Hope has been appointed as the Chair of the Audit Committee, with Robert Buck joining as a member. These leadership changes are part of the company's ongoing efforts to strengthen its governance and operational execution as it continues to pursue its growth strategy.
The board's restructuring reflects a commitment to maintaining strong governance controls and ensuring effective oversight as the company navigates the evolving landscape of the infrastructure sector. The transition is expected to have a positive impact on the company's strategic outlook, enhancing its ability to execute on key initiatives and drive shareholder value. Core & Main remains focused on delivering reliable infrastructure solutions to municipalities and contractors across the United States and Canada, leveraging its extensive network and expertise in the industry.