Trex Company Names Brenda Lovcik Senior Vice President and Chief Financial Officer
10 Oktober 2023 - 3:00PM
Business Wire
Trex Company, Inc. (NYSE:TREX), the world’s #1 brand of
high-performance, low-maintenance and eco-friendly composite
decking and railing and a leader in outdoor living products, today
announced that it has named Brenda Lovcik Senior Vice President and
Chief Financial Officer effective October 23, 2023.
Mrs. Lovcik has over 25 years of demonstrated financial and
operational success with high-profile publicly traded companies.
Most recently she served as Chief Financial Officer, Global
Products, Global Supply Chain and Global FP&A at Johnson
Controls, Inc. Prior to that she had a successful 20-year career
and held multiple senior financial roles at Medtronic, Inc. In her
most recent position there as Senior Vice President, Finance and
Global FP&A, she led capital allocation strategy and execution,
and drove enterprise-wide functional transformation. Prior to this
role, she was Chief Financial Officer of several Medtronic business
units with revenues ranging from $2.5 billion to $12 billion.
Commenting on this appointment, Bryan Fairbanks, President and
Chief Executive Officer, noted, “Brenda has deep financial
expertise gained at global manufacturing companies, a successful
track record in business operations, and proven leadership skills.
She brings a wealth of financial and business experience to Trex,
where she will be a key member of our executive leadership team as
we move forward with our long-term growth strategy.”
Mrs. Lovcik commented, “I am delighted to join the Trex Company
as it continues to strengthen its category leadership and expand
its addressable market. I look forward to leveraging my experience
and working together with the team to drive long term growth and
stakeholder value.”
Mrs. Lovcik received a B.S. degree in accounting from St. Cloud
State University.
About Trex Company
For more than 30 years, Trex Company [NYSE: TREX] has invented,
reinvented and defined the composite decking category. Today, the
Company is the world’s #1 brand of sustainably made,
wood-alternative decking and deck railing – all proudly
manufactured in the U.S.A. – and a leader in high performance,
low-maintenance, eco-friendly outdoor living products. Trex boasts
the industry’s strongest distribution network with products sold
through more than 6,700 retail outlets across six continents.
Through strategic licensing agreements, the Company offers a
comprehensive outdoor living portfolio that includes deck drainage,
flashing tapes, LED lighting, outdoor kitchen components, pergolas,
spiral stairs, fencing, lattice, cornhole and outdoor furniture –
all marketed under the Trex® brand. Based in Winchester, Va., Trex
is proud to have been named 2023 America’s Most Trusted® Decking
Brand* and one of 2022’s 50 Best U.S. Manufacturers by Industry
Week. For more information, visit trex.com. You also can follow
Trex on LinkedIn (https://www.linkedin.com/company/trex-company/),
Instagram (@trexcompany), X (@Trex_Company), Pinterest
(trexcompany) or Houzz (trexcompany-inc), “like” Trex on Facebook
(@TrexCompany) or view product and demonstration videos on the
brand’s YouTube channel (TheTrexCo).
*2023 DISCLAIMER: Trex received the
highest numerical score in the proprietary Lifestory Research 2023
America’s Most Trusted® Outdoor Decking study. Study results
are based on experiences and perceptions of people surveyed. Your
experiences may vary. Visit www.lifestoryresearch.com.
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Lynn Morgen/Viktoriia Nakhla ADVISIRY Partners 212-750-5800
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