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LESCO Announces Executive Management Changes | 23
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LESCO Announces Executive Management Changes

CLEVELAND – LESCO, Inc.’s Board of Directors announced that Michael P. DiMino has been promoted to President and Chief Executive Officer and will assume all operational and strategic decision making functions of the Company while J. Martin Erbaugh has been elected as Chairman of the Board of Directors.

These announcements were made following the decision by the Company’s previous Chairman and CEO, William A. Foley, to resign his position.

“By accepting Mr. Foley’s resignation and naming Michael P. DiMino to the position of President and Chief Executive Officer, the Board of Director’s

took the necessary step to solidify the management of the Company,” stated Mr. Erbaugh the Company’s new chairman. “The Board of Director’s and the management team of LESCO are committed to improving the financial performance that our shareholders expect following a difficult and disappointing 2001.”

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