Benjamin Obdyke CEO Dave Campbell retires, George Caruso named CEO

Benjamin Obdyke said longtime CEO Dave Campbell retired June 30 after 45 years with the company and remains board chair, while President George Caruso became President and CEO on July 1. The leadership change follows a 2023 employee ownership transition and comes as the Horsham, Pennsylvania-based building products company looks to keep growing.

Why it matters: - Benjamin Obdyke is handing leadership to an executive already steeped in the company’s operations, products and culture. - The transition comes after the company moved to 100% employee ownership in 2023, a structure meant to preserve its culture and long-term independence. - The leadership change could shape how Benjamin Obdyke balances growth, innovation and employee ownership going forward.

What happened: - Dave Campbell retired June 30 after 45 years with Benjamin Obdyke and remains chairman of the board. - George Caruso was promoted to President and CEO on July 1 after serving as president since February 2025. - Campbell started at Benjamin Obdyke in 1980 as a controller, became president in 1995 and CEO in 2011. - Caruso worked under Campbell for 23 years before taking over as CEO.

The details: - Benjamin Obdyke said Campbell’s leadership helped build a people-first culture focused on empowering employees and creating industry-leading solutions. - The company transitioned to 100% employee ownership through an ESOP in 2023. - Campbell viewed the ESOP as the best option to protect the company’s culture rather than selling to a third party or taking private equity investment. - During Campbell’s tenure as CEO, Benjamin Obdyke grew from a niche player into an industry thought leader in building science-based solutions for high-performance homes. - Caruso served as chief operating officer for five years before becoming president. - As COO, Caruso oversaw market share growth and helped launch HydroGap SA self-adhered drainable housewrap and VaporDry SA self-adhered roofing underlayment. - Caruso also played a key role in the company’s ESOP transition. - Benjamin Obdyke is headquartered in Horsham, Pennsylvania. - The company serves architects, builders and contractors in the United States and Canada. - Benjamin Obdyke develops, sources, markets and sells proprietary roof and wall products for new construction, repair and remodel markets. - The company says its innovations include the first roofing ridge vent on a roll, the first wood roofing underlayment and the first rolled product to provide drainage and air flow in rainscreen wall assemblies. - Benjamin Obdyke works with a network of distributors, dealers, buying groups and cooperatives to reach building professionals in the U.S. and Canada. - A company webpage is available at More information.

Between the lines: - Campbell’s retirement appears designed as a managed succession, not a break from the company’s existing strategy. - Caruso’s long tenure and close work with Campbell suggest continuity on both culture and product development. - The company is signaling that employee ownership and internal leadership development are central to its identity, not side projects.

What's next: - Caruso will lead Benjamin Obdyke as the company pushes for growth while keeping its employee-owned culture intact. - Campbell will stay on as board chair, giving the new CEO a continuing link to the prior leadership era. - Benjamin Obdyke said it expects to keep growing financially and in the legacy of its people.