LBM Advantage, one of the nation’s premier lumber and building cooperatives, has announced that Richard Herrington of Ed Herrington Inc., has been Chairman of the Board. Herrington served as the Vice-Chairman for the last two years. The announcement was made at the Feb. 27, Shareholders Meeting at LBM Advantage’s 2023 Annual Buying Show at the Coronado Springs Resort in Lake Buena Vista, Fla. Herrington succeeds Bill Newman of Oxford Lumber Co. in Oxford, Ala., who served as chairman since 2021. Herrington is a fourth-generation owner and Vice President/General Manager of his organization, a lumber and building retailer with locations in New York, Connecticut, and Massachusetts. Herrington’s Vice Chairman Chris O’Neill of Kellogg Supply Co. in Manteo, N.C.
LBM Advantage President, Steve Sallah states, “We are grateful to Bill Newman for his insightful and progressive leadership as chairman of LBM Advantage, leading our company to two very successful and record years. Bill will continue to serve on the Board of Directors. We look forward to working with our new Chairman of the Board Richard Herrington. His leadership and experience will be critical to the successful management of LBM Advantage over the next two years.”
Herrington participated as Chairman at his first LBM Advantage board meeting on Wednesday, March 1.
LBM Advantage is a member-owned forest products and building materials cooperative comprised of the industry’s premier independent LBM retailers. Its mission is to provide a competitive advantage for its members by leveraging their collective power. Advantage operates four locations in New Windsor, N.Y., Grand Rapids, Mich., Smithfield, N.C., and Conroe, Texas., offering national programs with regional expertise.