SiteOne Landscape Supply Announces Planned Retirement of CFO John Guthrie, Appoints Eric Elema as Successor

SiteOne Landscape Supply announced the planned retirement of CFO John Guthrie at the end of 2025 and the appointment of Eric Elema, current Vice President of Finance and Corporate Controller, as his successor effective January 1, 2026. Guthrie will continue to serve as a senior advisor to ensure a smooth transition. Elema has been with SiteOne since 2016 and has held various financial leadership roles, including responsibility for the company's accounting, finance, shared services, and treasury functions. He previously worked at McKesson Corporation for over 11 years.

SiteOne Landscape Supply, Inc. (NYSE: SITE) has announced significant changes in its executive leadership, with John Guthrie set to retire as Executive Vice President and Chief Financial Officer (CFO) at the end of 2025. Guthrie, who has been instrumental in guiding the company's financial performance since its initial public offering (IPO) in 2016, will step down from his role. In his place, Eric Elema, currently the Vice President of Finance and Corporate Controller, will take over as Executive Vice President and CFO, effective January 1, 2026 [1].

Doug Black, Chairman and CEO of SiteOne, expressed his gratitude for Guthrie's contributions, stating, "On behalf of the board of directors and the entire SiteOne team, I want to personally thank John for his steady leadership, market knowledge, strategic perspectives and passion for excellence, all of which were instrumental in building the strong company we are today. As CFO, John has played a pivotal role in the growth of SiteOne since its IPO in 2016, guiding the business through over a decade of exceptional performance" [1].

Elema, who has been with SiteOne since 2016, has been closely working with Guthrie to build the finance team and develop key processes. His responsibilities have included accounting, finance, shared services, and treasury functions. Prior to joining SiteOne, Elema held various financial leadership roles at McKesson Corporation over an 11-year period [1].

Following the transition, Guthrie will continue to serve as a senior advisor to the Chief Executive Officer, ensuring a smooth handover of responsibilities. This move signals a continuation of SiteOne's strategic focus on growth and performance, as Elema brings deep knowledge of the company, its markets, and the industry [1].

SiteOne Landscape Supply, Inc. is the largest 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 who specialize in the design, installation, and maintenance of lawns, gardens, golf courses, and other outdoor spaces [1].

References:
[1] https://www.morningstar.com/news/business-wire/20250827648239/siteone-landscape-supply-announces-the-planned-retirement-of-john-guthrie-and-the-appointment-of-eric-elema-as-successor-chief-financial-officer
[2] https://seekingalpha.com/news/4489567-siteone-landscape-announces-retirement-of-cfo-john-guthrie
[3] https://www.businesswire.com/news/home/20250827648239/en/SiteOne-Landscape-Supply-Announces-the-Planned-Retirement-of-John-Guthrie-and-the-Appointment-of-Eric-Elema-as-Successor-Chief-Financial-Officer