zaro

Who is the new CFO of US LBM?

Published in Building Materials Executive 2 mins read

Russ Tiejema serves as the Executive Vice President and Chief Financial Officer (CFO) of US LBM.

Russ Tiejema: US LBM's Financial Leader

Russ Tiejema plays a pivotal role in shaping the financial strategy and operations of US LBM, a leading distributor of specialty building materials in the United States. His appointment as CFO underscores the company's commitment to robust financial management and strategic growth.

Key Responsibilities of the CFO

As CFO, Russ Tiejema is responsible for overseeing all financial functions of US LBM, which typically includes:

  • Financial Planning & Analysis: Guiding the company's financial forecasting, budgeting, and long-term strategic planning.
  • Treasury Management: Managing cash flow, capital structure, and investor relations to ensure financial stability and optimize resource allocation.
  • Risk Management: Identifying and mitigating financial risks, including market fluctuations, credit risks, and operational inefficiencies.
  • Mergers & Acquisitions: Playing a crucial role in evaluating and integrating acquisitions, which is a significant part of US LBM's growth strategy.
  • Financial Reporting: Ensuring accurate and timely financial statements in compliance with regulatory standards.

Background and Expertise

Russ Tiejema brings extensive experience in finance and leadership to his role at US LBM. His background typically involves a strong track record of driving financial performance, optimizing operational efficiency, and supporting strategic initiatives within large organizations. His expertise is crucial for a company like US LBM, which continues to expand its footprint and capabilities in the building materials industry.

Below is a quick overview of his position:

Attribute Detail
Name Russ Tiejema
Title Executive Vice President & Chief Financial Officer
Company US LBM

His leadership ensures that US LBM maintains a strong financial foundation, supporting its operational goals and continued growth across its vast network.