Oldcastle BuildingEnvelope® (OBE), announced that Don Friese, CEO of C.R. Laurence Co. Inc., will retire at the end of September. CRL president Lloyd Talbert will assume that leadership role.

Friese began his career with CRL in 1961 as a returning GI, and was the company’s seventh employee. At the time, CRL had one location in Los Angeles and $250,000 in annual sales. Today, the company he built more than a half-century later has more than 1,700 employees and over 40 locations in North America, Europe and Asia.

In 2015, after 55 years in the business, C.R. Laurence was sold to OBE for $1.3 billion.

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Don Friese, CRL chairman and CEO