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Floor & Decor Holdings ( (FND) ) just unveiled an update.
On January 24, 2025, Floor & Decor Holdings announced the retirement of Trevor S. Lang, its current President, effective March 1, 2025. Bradley S. Paulsen has been appointed as the new President, effective April 28, 2025, with an extensive background in leadership roles at companies such as Rentokil Initial plc and Rexel USA. Paulsen’s appointment is expected to bring valuable expertise in home improvement and supply chain operations, aligning with Floor & Decor’s growth strategy. His employment terms include a base salary of $800,000, a sign-on bonus of $1.6 million, and a long-term equity compensation award of $3.7 million. The transition signals a strategic leadership shift aimed at driving the company’s continued expansion and maintaining its competitive edge in the hard surface flooring industry.
More about Floor & Decor Holdings
Floor & Decor Holdings, Inc. is a specialty retailer and commercial flooring distributor with over 241 warehouse-format stores and five design studios across 38 states. The company provides a wide range of in-stock hard-surface flooring products such as tile, wood, laminate, and vinyl, along with decorative accessories, wall tile, and installation materials at everyday low prices.
YTD Price Performance: 9.19%
Average Trading Volume: 1,685,450
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.18B
For an in-depth examination of FND stock, go to TipRanks’ Stock Analysis page.
