SiteOne Landscape Supply (NYSE: SITE) sets CFO succession for 2026
Rhea-AI Filing Summary
SiteOne Landscape Supply, Inc. appointed Eric Elema, currently Vice President, Finance and Corporate Controller, to become Executive Vice President, Chief Financial Officer and Assistant Secretary, effective January 1, 2026. He has led the company’s accounting, finance, shared services and treasury functions since 2016 and brings 35 years of finance and controller experience.
John T. Guthrie will retire from his role as Executive Vice President, Chief Financial Officer and Assistant Secretary on January 1, 2026, and will continue into fiscal 2026 as a senior advisor to the Chief Executive Officer to support the transition. Compensation changes for Mr. Elema in his new role have not yet been determined and will be disclosed later, and the company has issued a press release announcing this planned CFO succession.
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Insights
Planned internal CFO succession with overlap advisory support looks orderly.
SiteOne Landscape Supply, Inc. is executing a planned CFO transition, with long-time finance leader Eric Elema taking over as Chief Financial Officer and Assistant Secretary on
Outgoing CFO John T. Guthrie will retire from his role on the same date but remain employed into fiscal 2026 as a senior advisor to the Chief Executive Officer. This overlap period provides continuity and can reduce operational disruption during the handoff of financial leadership and external reporting responsibilities.
Compensation decisions for Mr. Elema’s new role are not yet set, with any material changes to be reported in a later amendment. The company also issued a press release outlining the CFO succession, signaling that this is a planned governance event rather than a sudden leadership change.
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 25, 2025, SiteOne Landscape Supply, Inc. (the “Company”) appointed Eric Elema, currently Vice President, Finance and Corporate Controller, to serve as Executive Vice President, Chief Financial Officer and Assistant Secretary of the Company, effective January 1, 2026.
Mr. Elema will succeed John T. Guthrie, who, on August 25, 2025, notified the Company that he will retire from his role as Executive Vice President, Chief Financial Officer and Assistant Secretary of the Company, effective January 1, 2026. Following this date, Mr. Guthrie will continue his employment into fiscal 2026 as a senior advisor to the Chief Executive Officer of the Company to ensure a smooth transition. Mr. Guthrie currently satisfies the applicable retirement criteria under the Company’s long-term incentive plans, and therefore will be entitled to the continued vesting of outstanding equity awards as previously disclosed in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 2, 2025.
Mr. Elema, age 57, has served as Vice President, Finance and Corporate Controller for the Company since 2016. In this role, Mr. Elema has held responsibility for the Company’s accounting, finance, shared services and treasury functions. Prior to joining the Company, Mr. Elema served as Vice President and Business Unit Controller and Region Controller with McKesson Technology Solutions and Skanska USA Building, Inc., respectively, as well as various other finance and controller positions throughout his 35 years of professional experience. Mr. Elema earned a Bachelor of Arts in Finance from Michigan State University and is a Certified Public Accountant.
Compensation decisions for Mr. Elema in his new role have not yet been made; once available, any material changes to his compensation will be reported by an amendment to this Current Report on Form 8-K. There are no arrangements or understandings between Mr. Elema and any other persons pursuant to which he was elected as an officer of the Company. There are also no family relationships between Mr. Elema and any director or executive officer of the Company. Mr. Elema has no direct or indirect material interest in any related party transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Item 8.01 Other Events.
On August 27, 2025, the Company issued a press release announcing the Company’s planned Chief Financial Officer succession. A copy of the press release is furnished as Exhibit 99.1 hereto. This information is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description |
| 99.1 | Press Release, dated August 27, 2025 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SITEONE LANDSCAPE SUPPLY, INC. | ||
| By: | /s/ Travis Jackson | |
| Travis Jackson | ||
| General Counsel & Secretary | ||
Date: August 27, 2025
FAQ
What executive leadership change did SITE announce?
SiteOne Landscape Supply, Inc. announced that Eric Elema, currently Vice President, Finance and Corporate Controller, will become Executive Vice President, Chief Financial Officer and Assistant Secretary effective
Who is SITE’s outgoing Chief Financial Officer and when is he retiring?
The outgoing Chief Financial Officer is John T. Guthrie, who will retire from his role as Executive Vice President, Chief Financial Officer and Assistant Secretary effective
Will the retiring CFO remain involved with SiteOne Landscape Supply (SITE)?
Yes. After retiring from his CFO role on January 1, 2026, John T. Guthrie will continue his employment into fiscal 2026 as a senior advisor to the Chief Executive Officer to help ensure a smooth transition.
What is known about Eric Elema’s background at SiteOne Landscape Supply (SITE)?
Eric Elema, age 57, has served as Vice President, Finance and Corporate Controller since 2016, overseeing the company’s accounting, finance, shared services and treasury functions, and has 35 years of finance and controller experience.
Have compensation changes for the new CFO of SITE been decided?
Compensation decisions for Eric Elema in his new CFO role have not yet been made. Any material changes will be reported later in an amendment.
Did SITE issue a press release about the CFO succession?
Yes. On
