Trex Company Announces Departure of Chief Financial Officer
24 Maio 2023 - 5:15PM
Business Wire
Trex Company, Inc. (NYSE:TREX), the world’s #1 brand of
high-performance, low-maintenance and eco-friendly composite
decking, railing and outdoor living products, today announced that
Dennis Schemm has resigned as Senior Vice President and Chief
Financial Officer (CFO) to accept a position in a southern region
state closer to family.
“We appreciate the contributions that Dennis has made during his
tenure with us. Dennis has been a valuable member of our executive
leadership team, and we wish him the best with his future
endeavors,” said Bryan Fairbanks, President and Chief Executive
Officer (CEO).
Mr. Schemm will continue to serve as CFO until June 9, 2023, at
which time the CFO responsibilities at Trex will be assumed on an
interim basis by Bryan Fairbanks. Mr. Fairbanks served as CFO from
August 2015 until being named CEO and a member of the Board in
April 2020.
The company has begun the search to identify the next CFO.
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/),
Twitter (@Trex_Company), Instagram (@trexcompany), Pinterest
(trexcompany) or Houzz (trexcompany-inc), “like” Trex on Facebook
(@TrexCompany) or view product and demonstration videos on the
brand’s YouTube channel (TheTrexCo).
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version on businesswire.com: https://www.businesswire.com/news/home/20230524005712/en/
Lynn Morgen/Viktoriia Nakhla ADVISIRY Partners
212-750-5800
Trex (NYSE:TREX)
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