New finance chief announced as current CFO departs

  • Carmelo Carrubba named interim CFO of Beacon Roofing Supply
  • Carrubba joined the company in April 2022 as VP of strategy and transformation
  • Frank Lonegro leaving to join Landstar System as president and CEO

Beacon Roofing Supply has announced the appointment of Carmelo Carrubba as its interim chief financial officer. Carrubba, who joined the company in April 2022 as vice president of strategy and transformation, will assume the role on January 20. This announcement comes after the current CFO, Frank Lonegro, revealed his departure to join Landstar System as its president and chief executive. Beacon Roofing Supply is a distributor of building products based in Herndon, Virginia.

Public Companies: Beacon Roofing Supply (N/A), Landstar System (N/A)
Private Companies:
Key People: Carmelo Carrubba (Interim Chief Financial Officer), Frank Lonegro (Executive Vice President and Chief Financial Officer)

Factuality Level: 10
Justification: The article provides factual information about the appointment of Carmelo Carrubba as interim chief financial officer of Beacon Roofing Supply. It includes details about his previous role and the reason for the search for a new finance chief.

Noise Level: 3
Justification: The article provides straightforward information about the appointment of Carmelo Carrubba as interim CFO of Beacon Roofing Supply. It includes relevant details about his previous role and the reason for the search for a new finance chief. However, it lacks in-depth analysis, scientific rigor, and actionable insights.

Financial Relevance: Yes
Financial Markets Impacted: Beacon Roofing Supply

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to the appointment of an interim chief financial officer at Beacon Roofing Supply, which is a financial topic. There is no mention of any extreme event or its impact.

Reported publicly: www.marketwatch.com