Guardian Building Products Appoints Tom Chieffe as Member of the Board of Directors

Guardian
Building Products (GBP), a leading specialty building products
distributor in North America, has announced the appointment of Thomas
Chieffe to its Board of Directors. Tom Chieffe’s appointment comes
following the recent announcement that GBP has been acquired by Pacific
Avenue Capital Partners, a Los Angeles-based private investment firm.

Over his more than 20-year professional career in the building products
sector, Mr. Chieffe has led multiple organizations and is an expert in
helping private equity-backed companies scale. In 2018, Mr. Chieffe was
nominated Chairman and CEO of Dayton Superior, and has served as a
member of their Board of Directors since 2011.

From 2013 to 2016, Mr. Chieffe served as Chief Executive Officer of RSI
Home Products, Inc., the largest manufacturer of kitchen cabinets,
bathroom vanities, and cultured marble countertop products in North
America. From 2011 to 2013, he was an Operating Advisor for Private
Equity firm Oaktree Capital Management. Mr. Chieffe served as President
and CEO of Associated Materials, Inc., a producer and distributor of
windows, siding and other building products. Before Associated
Materials, he spent approximately twelve years with Masco Corporation
(MAS), serving as group vice president of retail kitchens and as
president of Kraftmaid®. He currently sits on the board of directors for
Dayton Superior and Knape & Vogt.

“We believe Tom’s experience and insight into the building products
industry makes him a tremendous value-added member to our Board. Tom
acted as a reliable sounding-board in the original due diligence of the
transaction and has since continued closely working with the team,” said
Chris Sznewajs, Chairman of the Board of Guardian Building Products and
Managing Partner & Founder of Pacific Avenue Capital Partners.

Donald (“Donny”) J. DeMarie Jr., Chief Executive Officer of GBP, added,
“Tom has proven to be an exceptional CEO in the building products sector
and has an excellent talent for providing Private Equity-backed building
products companies valuable guidance. The GBP team and I are excited to
welcome him to the Board of Directors and look forward to partnering
with him to continue growing our geographic presence and product
offering.”

When asked about his recent appointment, Chieffe replied, “I am pleased
to be working with Chris and Donny to help GBP’s growth initiatives.
With his vast amount of experience in the building products sector,
Donny is leading a talented team with tremendous operational expertise.
I am confident this management team will drive increased profitability
and operational growth.”

About Pacific Avenue Capital Partners

Pacific Avenue Capital Partners, founded by Chris Sznewajs, is a Los
Angeles-based private investment firm with deep expertise in operations
and growth enhancement in the middle market. Pacific Avenue acquires
controlling interests in businesses across multiple industries including
industrials, building products, healthcare services and business
services. Pacific Avenue, in conjunction with its operating executives,
partners with exceptional management teams to assist businesses in
unlocking value and reaching their full potential. Pacific Avenue’s
portfolio has more than $750 million in combined revenue. For more
information, please visit www.pacificavenuecapital.com.

About Guardian Building Products

Guardian Building Products (GBP) is one of the largest specialty
building product distributors in North America providing roofing,
insulation, gypsum and other building products to its customers. GBP,
with 30 branch offices across the United States, delivers an array of
innovative, market-focused products and services to more than 5,000
customers. For more information, please visit www.guardianbp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180713005336/en/

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