Back to News and Press Releases April 20, 2007

Promotions position McCoy’s for growth

SAN MARCOS, Texas—In order to take its strategic planning and business execution to the next level, McCoy Corporation, one of the nation’s largest family-owned retail building supply companies, has created three new Senior Vice President positions.

The company has promoted John Meeks, Rick Neal and Dennis Strong to the new positions. As Senior Vice Presidents, they will be responsible for providing strategic leadership and management for McCoy’s and will report directly to President/CEO Brian McCoy and Executive Vice President C.R. (Chuck) Churchwell III.

Rick Neal has been promoted to Senior Vice President and Chief Financial Officer (CFO). He will increase his involvement in developing McCoy’s growth strategy from a financial perspective. Neal joined McCoy’s in 1997 as Corporate Controller. Since then he has taken on increasingly demanding responsibilities. Neal most recently served as Vice President/CFO responsible for all financial operations, including accounting, taxation, internal auditing, treasury, credit and capital budgeting.

“Rick is totally involved in our company’s largest financial decisions and plays a key role in defining the strategic direction of McCoy’s,” Churchwell said.

Dennis Strong has been promoted to Senior Vice President and Chief Information Officer (CIO). Strong, who has worked in the high-tech field for nearly 30 years, is responsible for the entire information systems group and all technology initiatives the company undertakes.

“During his McCoy’s career, Strong has continually strengthened our business by focusing on business process improvements and leveraging technology to drive improvements,” McCoy said. “This promotion recognizes his outstanding leadership and his proven track record of high performance.”

John Meeks has been promoted to Senior Vice President, Corporate Development. He will have increased responsibilities in researching, recommending and implementing various formats of value-added business initiatives relating to all segments of McCoy’s markets. In addition, he will work closely with McCoy’s financial team dealing with all corporate finance issues.

A veteran business executive with 25 years of global business management and development experience, Meeks came to McCoy’s from the Indonesia-based Sampoerna Company where he served in several financial positions while serving on that company’s board as Director of Corporate Development. During that time he was responsible for all merger and acquisition activity and bank and finance initiatives.

In announcing the promotions, McCoy said, “These changes are meant to speed up our progress in many critical areas and it will allow me, to do more of what I enjoy most—visit our store locations and customers. I will continue to be involved in the total management of the company, for that is my continued passion.”

Founded in 1927, McCoy’s is a retail building supply company providing a complete array of building materials and services to its customer base of those who are “born to build.” The San Marcos, Texas-based McCoy’s employs more than 2,000 people and operates 85 stores in five states, including Arkansas, Mississippi, New Mexico, Oklahoma and Texas. For more information, visit www.mccoys.com.