When Phil Pierce joined Holt & Bugbee in 1979, he started at the ground level, learning the lumber business from the inside out. Over the next 47 years, he would help guide the company through significant growth, navigate challenging economic periods, and carry forward the family-business values that have defined Holt & Bugbee for generations.

Holt & Bugbee announced today that Phil Pierce will step down as President on October 30, 2026, after 47 years with the company. Billy Collins, the company’s longtime Chief Financial Officer, will become interim President, while Sean Herlihy and Eric D’Annolfo will become Executive Vice Presidents and assume much of the company’s day-to-day leadership responsibilities.

One of the most thrilling things that can happen when you purchase and renovate a new house is ripping out a dated old carpet and finding the original hardwood floor underneath. A natural American hardwood floor is always the best option. It's also a safe investment because it's proven to stand the test of time. Unlike that butterfly that you had tattooed on your lower back when visiting the Jersey Shore in 2004.