Builders FirstSource (NYSE: BLDR) tech and digital president to exit on Aug. 14, 2026
Rhea-AI Filing Summary
Builders FirstSource, Inc. reported an executive leadership change in its technology organization. On August 3, 2026, the company notified Gayatri Narayan that she will be separated from her role as President, Technology and Digital Solutions, effective August 14, 2026.
Subject to her signing and not revoking a separation agreement and general release of claims in favor of the company, she will receive severance payments and benefits under the company’s Executive and Key Employee Severance Plan, previously filed as Exhibit 10.34 to the Form 10-K dated February 28, 2023. The company stated that her departure is not due to any disagreement regarding its operations, policies, or practices.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Notification date: August 3, 2026
Separation effective date: August 14, 2026
Severance plan exhibit number: Exhibit 10.34
+1 more
4 metrics
Notification date
August 3, 2026
Date Gayatri Narayan was notified of her separation from Builders FirstSource
Separation effective date
August 14, 2026
Effective date of Ms. Narayan’s separation as President, Technology and Digital Solutions
Severance plan exhibit number
Exhibit 10.34
Executive and Key Employee Severance Plan filed with Form 10-K
Form 10-K filing date
February 28, 2023
Date the Form 10-K containing the severance plan exhibit was filed
Key Terms
Executive and Key Employee Severance Plan, general release of claims, separation agreement, emerging growth company
4 terms
Executive and Key Employee Severance Plan financial
"severance payments and benefits provided under the Builders FirstSource, Inc. Executive and Key Employee Severance Plan"
general release of claims regulatory
"subject to her execution and non-revocation of a separation agreement and general release of claims in favor"
separation agreement regulatory
"subject to her execution and non-revocation of a separation agreement and general release of claims"
A separation agreement is a written contract that spells out the financial and legal terms when an employee and a company part ways, such as final pay, severance, continued benefits, confidentiality, and any release of claims. For investors, it matters because these agreements determine immediate costs, potential future liabilities, and whether departing staff are restricted from competing or disclosing information—factors that can affect a company’s cash flow, risk profile, and leadership continuity.
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What executive change did Builders FirstSource (BLDR) disclose on August 3, 2026?
Builders FirstSource disclosed that Gayatri Narayan, President, Technology and Digital Solutions, was notified on August 3, 2026 that she will be separated from her role, with her departure becoming effective August 14, 2026.
When is Gayatri Narayan’s separation from Builders FirstSource (BLDR) effective?
Her separation is effective on August 14, 2026. She was notified on August 3, 2026, providing a short transition period between notification and the effective date of her departure from the President, Technology and Digital Solutions role.
What severance benefits will Gayatri Narayan receive from Builders FirstSource (BLDR)?
She will be entitled to severance payments and benefits under the company’s Executive and Key Employee Severance Plan, if she executes and does not revoke a separation agreement and general release of claims in favor of Builders FirstSource.
Is Gayatri Narayan’s departure from Builders FirstSource (BLDR) due to a disagreement?
The company stated that her departure was not the result of any disagreement with Builders FirstSource on matters related to its operations, policies, or practices, indicating a non-dispute-related leadership transition.
Which document governs severance for the departing Builders FirstSource (BLDR) executive?
Severance is governed by the Builders FirstSource, Inc. Executive and Key Employee Severance Plan, which is filed as Exhibit 10.34 to the company’s Form 10-K submitted to the SEC on February 28, 2023.