05/19/2025 | Press release | Distributed by Public on 05/19/2025 14:05
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers
Effective on May 16, 2025, TopBuild Corp. (the "Company") appointed John Achille its Vice President and Chief Operating Officer. Mr. Achille will be responsible for the Company's operations, including its installation and specialty distribution businesses.
Prior to his appointment as COO, Mr. Achille served as Executive Vice President of the Company's TruTeam insulation installation business. Prior to that, Mr. Achille spent four years in a number of senior roles overseeing the Company's operations in both the installation and specialty distribution businesses. Mr. Achille joined the Company through the acquisition of Coastal Insulation where he had worked for 20 years, achieving the role of Vice President.
As Vice President and COO, Mr. Achille receives an annual base salary and is eligible to participate in the compensation and benefit programs of the Company, including its annual and long-term incentive plans, as well as other benefit plans and programs such as health and life insurance and retirement and severance benefits plans.Other than as described in this Current Report on Form 8-K, there are no arrangements or understandings between Mr. Achille and any other persons pursuant to which he was selected as an officer of the Company.
Mr. Achille has no family relationships with any director, executive officer or person nominated or chosen by the Company to become a director or executive officer of the Company, nor does he have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
On the same day, the Company appointed David Fischer as President of its Specialty Distribution business. Prior to his appointment, Mr. Fischer served as Senior Vice President overseeing the Distribution International Business for more than three years and previously held the position of VP DI Special Operations.
As President of the Specialty Distribution business, Mr. Fischer receives an annual base salary and is eligible to participate in the compensation and benefit programs of the Company, including its annual and long-term incentive plans, as well as other benefit plans and programs such as health and life insurance and retirement and severance benefits plans.Other than as described in this Current Report on Form 8-K, there are no arrangements or understandings between Mr. Fischer and any other persons pursuant to which he was selected as an officer of the Company.
Mr. Fischer has no family relationships with any director, executive officer or person nominated or chosen by the Company to become a director or executive officer of the Company, nor does he have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
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