SiteOne Landscape Supply, Inc. has announced the planned retirement of John Guthrie, the Executive Vice President and Chief Financial Officer, at the end of 2025. In connection with this, the company has appointed Eric Elema, the current Vice President, Finance and Corporate Controller, as the new Executive Vice President and Chief Financial Officer, effective January 1, 2026. John Guthrie will continue to serve as a senior advisor to the Chief Executive Officer to ensure a smooth transition.
During his tenure, John Guthrie played a pivotal role in the growth of SiteOne since its IPO in 2016, guiding the business through over a decade of exceptional performance. The incoming CFO, Eric Elema, has been with SiteOne since 2016 and has worked closely with Mr. Guthrie in building the finance team and developing key processes to support the company's performance and growth. Eric has been responsible for the company’s accounting, finance, shared services, and treasury functions.
SiteOne Landscape Supply, Inc. is the largest and only national full product line wholesale distributor of landscape supplies in the United States and has an established presence in Canada. Its customers are primarily residential and commercial landscape professionals specializing in the design, installation, and maintenance of lawns, gardens, golf courses, and other outdoor spaces. The market has reacted to these announcements by moving the company's shares 1.3% to a price of $145.534. For the full picture, make sure to review SiteOne Landscape Supply's 8-K report.
