BLUELINX HOLDINGS INC. (NYSE:BXC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 19, 2017, the Compensation Committee of the Board of Directors of BlueLinx Holdings Inc. (the “Company”) approved a one-time discretionary cash bonus of $750,000 to Mitchell B. Lewis, the Company’s President and Chief Executive Officer, which shall be paid by March 15, 2018.The award was made to recognize Mr. Lewis for his strong leadership of the Company’s corporate transformation initiatives.
About BLUELINX HOLDINGS INC. (NYSE:BXC)
BlueLinx Holdings, Inc. is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 40 distribution centers. It serves metropolitan areas in the United States and delivers building products to a range of wholesale and retail customers. The Company distributes products in approximately two categories, such as structural products and specialty products. Structural products include plywood, oriented strand board (OSB), rebar and remesh, lumber and other wood products primarily used for structural support, walls and flooring in construction projects. Specialty products include roofing, insulation, specialty panels, molding, engineered wood products, vinyl products (used primarily in siding), outdoor living, particle board and metal products (excluding rebar and remesh). It also provides a range of services and solutions, such as intermodal distribution services; inventory stocking, and backhaul services.
