By LBM Journal
LBM Journal has learned that Paul Wainman will become president of Hancock Lumber effective January, 2020. Wainman, who will keep his role as CFO, will be just the eighth person to serve as president since the company’s founding in 1848. Kevin Hancock, who has been president since 1998, as well as CEO and Chair for almost as long, will continue as CEO and Chair.
“I’m not retiring, nor am I getting ready to retire. I’m just evolving my role, and remain excited about our future,” Hancock explains. “It’s best to be proactive and measured about senior leadership changes within a company, and that’s exactly what we’re doing. On one level, Paul becoming president is a big moment. On another, it’s a subtle change by design. Our executive team is staying intact, and our executive processes will continue as they are.”