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Shyam K. Reddy

President and Chief Executive Officer at BlueLinx Holdings
Board
Since March 21, 2023
Age
49 years
Education
Holds a Bachelor of Arts in Political Science and a Master of Public Health from Emory University, as well as a Juris Doctor from the University of Georgia.
Tenure
Joined BXC in June 2015 and served in various leadership roles—including Senior Vice President, General Counsel, Corporate Secretary, Chief Administrative Officer, Chief Transformation Officer, and Chief Legal and Sustainability Officer—before becoming President and CEO in March 2023.

Also at BlueLinx Holdings

KAD
Kimberly A. DeBrock
VP, Chief Accounting Officer, Interim Principal Financial Officer

About

Shyam K. Reddy has built an impressive career marked by extensive expertise in law, public administration, and executive leadership. He holds strong academic credentials, which laid the foundation for a career that spans practice at a prominent law firm and a significant role in the U.S. General Services Administration.

After a successful stint in the private and public sectors, he joined BXC in June 2015, where he steadily advanced through critical leadership roles. His early responsibilities included serving as Senior Vice President, General Counsel, and Corporate Secretary, which evolved to encompass broader operational, administrative, and transformational duties over the years.

Reddy's strategic vision and leadership have been pivotal in driving BlueLinx's transformation and sustainability initiatives. His contributions in legal, administrative, and corporate governance functions, culminating in his appointment as President and CEO in March 2023, underscore his role in positioning the company for profitable growth in a challenging macroeconomic environment.

$BXC Performance Under Shyam K. Reddy

Past Roles

OrganizationRoleDate RangeDetails
BlueLinx Holdings Inc. Senior Vice President, Chief Legal and Sustainability Officer, and Corporate Secretary March 2022 to March 2023 N/A
BlueLinx Holdings Inc. Senior Vice President, Chief Administrative Officer, and Corporate Secretary May 2019 to March 2022 N/A
BlueLinx Holdings Inc. Senior Vice President, Chief Transformation Officer April 2018 to May 2019 N/A
BlueLinx Holdings Inc. Senior Vice President, Chief Administrative Officer, General Counsel, and Corporate Secretary May 2017 to April 2018 N/A
BlueLinx Holdings Inc. Senior Vice President, General Counsel, and Corporate Secretary June 2015 to May 2017 N/A
Euramax International, Inc. Senior Vice President, Chief Administrative Officer, General Counsel, and Corporate Secretary March 2013 to March 2015 N/A
U.S. General Services Administration Regional Administrator of the Southeast Sunbelt Region March 2010 to March 2013 N/A
Kilpatrick, Townsend & Stockton LLP Partner (Corporate Law in Atlanta) January 2009 to March 2010 N/A

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary $725,760 Pro rata until March 20, 2023; effective change on March 21, 2023 Reflects pro rata portion of a $525,000/year salary until March 20 and $775,000/year thereafter
401(k) Matching Contribution $9,740 As determined by company payroll schedule Part of All Other Compensation
Auto Allowance $5,006 Disbursed per company policy Part of All Other Compensation
Life Insurance Premiums Immaterial N/ACompany-paid benefit

Performance Compensation

Data from  FY 2023

Performance Compensation Details for 2023

ComponentValueDetails
Performance Metrics- Adjusted EBITDA (60% weight) <br> - Return on Working Capital (40% weight) Metrics used over a three-year performance period
Performance TargetsThreshold: 30% vesting <br> Target: 100% vesting <br> Maximum: 200% vesting Vesting based on achievement levels of defined performance metrics
Vesting ScheduleVests upon Committee certification post performance period Subject to continuous service through vesting date
Evaluation PeriodThree-year period Performance evaluated over a cumulative three-year period
Grant DateJune 7, 2023 Date when the PRSUs were granted
Grant Date Fair Value$1,515,769 Valuation of the PRSUs on the grant date
Grant Date Stock Price$93.37 Stock price as of June 6, 2023
Target Units16,234 PRSUs Number of performance-based restricted stock units granted