White Cap Announces CEO Retirement and Succession Plan
ATLANTA, Sept. 26, 2023 /PRNewswire/ -- White Cap, the leading distributor of specialty construction supplies and safety products for professional contractors, today announced that John Stegeman has made the decision to retire from his position as Chief Executive Officer (CEO) of White Cap effective January 28, 2024. Concurrently, as part of the multiyear succession plan, the White Cap board of directors has approved the promotion of Alan Sollenberger, President of White Cap, to CEO effective January 29, 2024.
- Concurrently, as part of the multiyear succession plan, the White Cap board of directors has approved the promotion of Alan Sollenberger, President of White Cap, to CEO effective January 29, 2024.
- John and Alan have partnered closely on all White Cap company strategy and business decisions following Alan's appointments to Chief Financial Officer of White Cap in 2010 and President in 2020.
- "The last 14 years spent serving our associates and customers at White Cap has been the highlight of my professional career," said John Stegeman, CEO of White Cap.
- As part of the transition, Page Naftel, Chief Sales Officer of White Cap, has been promoted to Chief Commercial Officer (CCO) of White Cap, reporting to Alan Sollenberger.