SiteOne Landscape Supply announced the retirement of John Guthrie, the current CFO, and the appointment of Eric Elema as the successor CFO.
John Guthrie will retire at the end of 2025, with Eric Elema taking over the role starting January 1, 2026.
The company expressed gratitude for Guthrie's contributions and highlighted Elema's qualifications for the new role.
Retirement of John Guthrie
John Guthrie, the current CFO, will retire at the end of 2025 after a decade of exceptional performance at SiteOne.
Appointment of Eric Elema
Eric Elema, currently the Vice President of Finance and Corporate Controller, will take over as the new CFO on January 1, 2026.
Succession Plan
The planned CFO succession ensures a smooth transition in leadership and continuity in financial operations at SiteOne.
The CFO succession plan at SiteOne Landscape Supply marks a strategic move to ensure continued financial leadership and stability. The appointment of Eric Elema reflects the company's focus on internal talent development and seamless transitions in key roles.