Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain Officers
Effective on October 10, 2022, TopBuild Corp. (the "Company") appointed Joseph
Viselli its Vice President and Chief Operating Officer. Mr. Viselli will be
responsible for the Company's operations, including its installation and
specialty distribution businesses and will report directly to Robert Buck, the
Company's CEO.
Prior to his appointment as COO, Mr. Viselli served as Senior Vice President and
General Manager of the Company's Specialty Products and the Rockies, West, and
Central Divisions of our mechanical insulation business. Prior to that, Mr.
Viselli ran the Silvercote® business for Distribution international since 2019
and previously spent ten years in a number of senior roles with Knauf
Insulation. Mr. Viselli also spent four years at the Goodyear Tire & Rubber
Company, and fifteen years at Procter & Gamble where he started his career.
As Vice President and COO, Mr. Viselli receives an annual base salary and is
eligible to participate in the compensation and benefit programs of the Company,
including its annual and long-term incentive plans, as well as other benefit
plans and programs such as health and life insurance and retirement and
severance benefits plans. Other than as described in this Current Report on Form
8-K, there are no arrangements or understandings between Mr. Viselli and any
other persons pursuant to which he was selected as an officer of the Company.
Mr. Viselli has no family relationships with any director, executive officer or
person nominated or chosen by the Company to become a director or executive
officer of the Company, nor does Mr. Viselli have any direct or indirect
material interest in any transaction required to be disclosed pursuant to Item
404(a) of Regulation S-K.
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