Founder of residential plumbing company Price Brothers, Inc. announces new CEO

The legacy of valuing employees and producing quality passes from father to son

CHARLOTTE, North Carolina, July 12, 2022 /PRNewswire/ — Local plumbing company Price Brothers, Inc. has a new CEO, as founder Bob Price is stepping down as CEO after 45 years with the company. He now passes the leadership to his son, Matthew Pricewho grew up working at Price Brothers and brings over two decades of industry expertise gained through years of working in all aspects of the plumbing industry.

Price Brothers, Inc., known locally in the Greater Charlotte area as a plumbing force in the new home construction market, has built a brand based on its commitment to quality and exceptional customer service, a tone set by Bob Price.

“It’s really hard to let go after 45 years, but it’s with great pride that I step down and hand it over to my son Matt,” said Bob Priceowner of Price Brothers, Inc. “I am confident that the lessons I have shared with him over the years will be invaluable as he continues to grow and evolve the Price Brothers brand. I leave this business between very good hands, and I know great things will come with Matt at the helm.”

Matthew Pricea licensed commercial and residential master plumber in both North Carolina and Caroline from the south, will now be the new CEO of the organization. His priority is to ensure that the culture of the company is based on demonstrating its commitment to valuing employees and producing quality products. Price will oversee all aspects of the business, including day-to-day operations and finances, employee engagement, strategic planning and fostering corporate culture. He will align both the strategic plan and the company’s management team to ensure the long-term success of Price Brothers.

The new CEO grew up in the Price Brothers business, starting as a young teenager sweeping the floors and stocking the warehouse. At the beginning of his career, Matthew Price served in various departments at Price Brothers, including field work, estimating, accounts payable, operations, and special projects, before leaving to run a business in a specialized segment of the plumbing industry.

After watching his son successfully run a business, Bob Price brought his son back in 2018 as an operations specialist. With experience in a wide range of positions to truly understand the plumbing industry from scratch, Matthew Price is in a strong position to lead Price Brothers to continued success.

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About Price Brothers, Inc.

Price Brothers, Inc. is a plumbing company based in Charlotte, North Carolinaand now led by Matthew Price, CEO. Price Brothers primarily focuses on plumbing projects for the residential market for new home construction and light commercial projects in the Charlotte Subway. Founded in 1977, the company has grown over 45 years to over 380 employees. For more information, visit

SOURCEPrice Brothers, Inc.