The AZEK® Company Announces Executive Promotions
09 Mai 2022 - 10:10PM
Business Wire
Names Jon Skelly President of Residential
Segment and Morgan Fox Walbridge Senior Vice President and Chief
Legal Officer
The AZEK Company Inc. (the “Company” or “AZEK”) (NYSE: AZEK),
the industry-leading manufacturer of beautiful, low-maintenance and
environmentally sustainable outdoor living products, including
TimberTech® decking, Versatex® and AZEK Trim® and StruXure™
pergolas, today announced two executive promotions. Jon Skelly has
been promoted to President of its Residential business and Morgan
Fox Walbridge has been promoted to Senior Vice President and Chief
Legal Officer. Both will report directly to Jesse Singh, Chief
Executive Officer.
Skelly will succeed Joe Ochoa, who recently announced his intent
to retire effective July 1, 2022. Walbridge will succeed Paul
Kardish, who recently announced his intent to retire effective June
1, 2022. Both Ochoa and Kardish will remain engaged with AZEK,
serving as advisors and supporting the transition.
“Both Joe and Paul have been key leaders for many of AZEK’s
recent milestone achievements, including our initial public
offering in 2020,” said AZEK CEO Jesse Singh. “Each of them has
been instrumental to the growth and success of the Company during
their tenures and I want to thank them for their passion,
dedication and many contributions over the years.”
“Looking ahead, I am thrilled to announce these well-deserved
promotions for Jon and Morgan,” continued Singh. “We have been
planning for these transitions over the past year, and this
announcement is a testament to the deep and diverse bench of
talented leaders we have at AZEK. We are excited to have Jon at the
helm of our Residential business. He is a strong and trusted leader
with a proven track record of delivering exceptional results and
sustainable success for our company, our customers and our team.
Morgan has been instrumental in navigating AZEK through the
new-issuer landscape and aligning our corporate governance
structures with investment community best practices. The leadership
skills, capabilities and expertise they both bring to our team will
play an important role as we continue to build upon AZEK’s momentum
and execute against our strategic priorities as a company to
deliver long-term sustainable growth,” continued Singh.
Skelly has over 20 years of strategy, mergers and acquisitions,
sales, customer service and business development experience. Skelly
most recently served as AZEK’s Senior Vice President, Customer
Experience. Prior to joining AZEK, Mr. Skelly served as Vice
President of Corporate Development for W.W. Grainger, Inc., an
industrial supply company. Mr. Skelly has also held a variety of
leadership positions at The Home Depot Inc. and Hughes Supply,
Inc.
Walbridge has 18 years of experience as a corporate attorney and
over a decade as in-house counsel at publicly traded companies.
Walbridge most recently served as AZEK’s Vice President and Deputy
Chief Legal Officer. Prior to joining AZEK, Walbridge served as
Deputy General Counsel and Secretary of Century Aluminum Company
and Associate General Counsel and Assistant Secretary of Thompson
Creek Metals Company. Walbridge began her legal career as a
corporate transactional attorney at McDermott, Will & Emery in
New York.
About The AZEK® Company
The AZEK Company Inc. (NYSE: AZEK) is the industry-leading
designer and manufacturer of beautiful, low maintenance and
environmentally sustainable outdoor living products, including
TimberTech® decking and Versatex® AZEK Trim® and StruXure™
pergolas. Consistently recognized as the market leader in
innovation, quality and aesthetics, products across AZEK’s
portfolio are made from up to 100% recycled material and primarily
replace wood on the outside of homes, providing a long-lasting,
eco-friendly, and stylish solution to consumers. Leveraging the
talents of its approximately 2,000 employees and the strength of
relationships across its value chain, The AZEK Company is committed
to accelerating the use of recycled material in the manufacturing
of its innovative products, keeping millions of pounds of waste out
of landfills each year, and revolutionizing the industry to create
a more sustainable future. Headquartered in Chicago, Illinois, the
company operates manufacturing facilities in Ohio, Pennsylvania,
Georgia, and Minnesota, and recently announced a new facility will
open in Boise, Idaho. For additional information, please visit
azekco.com.
Cautionary Note Regarding Forward-Looking Statements
This release contains or refers to certain forward-looking
statements within the meaning of the federal securities laws and
subject to the "safe harbor" protections thereunder.
Forward-looking statements are statements about future events and
are based on our current expectations. These forward-looking
statements may be identified by the words “believe,” “hope,”
"expect," "intend," "will," "target," “anticipate,” "goal" and
similar expressions. Projected financial information and
performance, including our guidance and outlook, are
forward-looking statements. Other forward-looking statements may
include, without limitation, statements with respect to our future
growth and goals as well as statements with respect to the goals,
effects, consequences, and expectations of any changes to our
leadership team. The Company bases its forward-looking statements
on information available to it on the date of this release and
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of changed
circumstances, new information, future events, or otherwise, except
as may otherwise be required by law. Actual future events could
also differ materially due to numerous factors that involve
substantial known and unknown risks and uncertainties including,
among other things, the risks and uncertainties set forth under
"Risk Factors" and elsewhere in the Company's reports on Form 10-K
and Form 10-Q and the other risks and uncertainties discussed in
any subsequent reports that the Company files with the Securities
and Exchange Commission from time to time. Although we have
attempted to identify those material factors that could cause
actual results or events to differ from those described in such
forward-looking statements, there may be other factors that could
cause actual results or events to differ from those anticipated,
estimated or intended. Given these uncertainties, investors are
cautioned not to place undue reliance on our forward-looking
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20220509005339/en/
Investor Relations Contact: Amanda Cimaglia 312-809-1093
ir@azekco.com
Media Contact: Rachel Mihulka 1-402-980-9603
AZEKquestions@zenogroup.com
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