The AZEK Organization Appoints New Main Economic Officer
CHICAGO, July 19, 2021–(Organization WIRE)–The AZEK Enterprise Inc. (NYSE: “AZEK”) (“AZEK” or the “Corporation”), the field-primary designer and producer of wonderful, lower upkeep and environmentally sustainable outside residing goods, together with TimberTech® decking and Versatex® and AZEK Trim®, announced nowadays the appointment of Peter Clifford as the Company’s Senior Vice President and Main Economic Officer, to be powerful August 16, 2021, in conjunction with Ralph Nicoletti’s prepared retirement from the Enterprise. To enable guarantee a easy changeover, Mr. Clifford will work carefully with Mr. Nicoletti, who will continue on operating with the Company in a consulting capacity by September 30, 2021.
Prior to becoming a member of AZEK, Mr. Clifford was most a short while ago President and Chief Operating Officer of Cantel Professional medical Corp., a foremost service provider of infection-avoidance items and companies in the health care market, which experienced over $1 billion in internet income in its fiscal yr 2020 and was publicly traded right until its acquisition by STERIS plc in June 2021. Mr. Clifford also put in around 4 decades as Cantel Medical’s Chief Financial Officer just before his marketing to President and Chief Functioning Officer. Prior to becoming a member of Cantel Clinical, Mr. Clifford served as Chief Monetary Officer – Overall health & Science Systems & Fluid Metering Technological innovation Divisions, two of the 3 reporting segments of IDEX Corporation, a publicly-traded company with in excess of $2.3 billion in web revenue and $375 million of web earnings in its fiscal calendar year 2020. Mr. Clifford also labored in several financial leadership roles at Basic Electric Organization right before joining IDEX Corporation.
“Soon after an comprehensive search, I am thrilled to announce that Peter will be signing up for The AZEK Organization. With about 25 a long time in the producing and industrial industries, Peter provides a prosperity of awareness and practical experience to AZEK,” explained Jesse Singh, CEO of The AZEK Company. “In addition to his important background in finance and accounting, Peter’s operations, M&A, and govt management abilities ended up also critical components to us in filling this part as we carry on the execution of our system to push profits development and ongoing margin enlargement. Peter’s impressive background and management knowledge make him especially effectively-suited to do well Ralph, who has played these an integral purpose below these past numerous several years.”
“My deepest appreciation goes out to Ralph, whose skills effectively led us by an IPO just around a calendar year ago, amid several other contributions,” Singh ongoing. “On behalf of the Board and the overall AZEK staff, I want to thank Ralph for his almost three years with AZEK and would like him the best in his next chapter.”
As Senior Vice President and CFO, Mr. Clifford will be accountable for all finance, accounting, treasury, trader relations, details technology and corporate enhancement functions of the Enterprise.
“I could not be happier to be signing up for AZEK at such an interesting time. AZEK is not only growth oriented but is leading the business in producing a a lot more sustainable foreseeable future. I’m keen to help accelerate the momentum and develop upon its powerful business enterprise fundamentals,” incoming CFO Peter Clifford said.
About The AZEK® Enterprise
The AZEK Organization Inc. (NYSE: AZEK) is the marketplace-main designer and maker of beautiful, minimal servicing and environmentally sustainable outdoor living products, which include TimberTech® decking and Versatex® and AZEK Trim®. Constantly identified as the industry leader in innovation, high-quality and aesthetics, merchandise throughout AZEK’s portfolio are created from up to 100% recycled content and mainly replace wooden on the outside the house of households, giving a extended-long lasting, eco-helpful, and attractive solution to consumers. Leveraging the abilities of its close to 1,700 staff and the toughness of associations throughout its price chain, The AZEK Corporation is committed to accelerating the use of recycled materials in the producing of its revolutionary goods, preserving tens of millions of kilos of squander out of landfills just about every 12 months, and revolutionizing the industry to produce a far more sustainable foreseeable future. Headquartered in Chicago, Illinois, the corporation operates producing facilities in Ohio, Pennsylvania and Minnesota, and a short while ago introduced a new facility will open in Boise, Idaho. For additional data, remember to visit azekco.com.
Cautionary Note With regards to Forward-Searching Statements
This launch has or refers to particular forward-seeking statements inside the meaning of the federal securities rules and subject to the “protected harbor” protections thereunder. Ahead-wanting statements are statements about long term functions and are centered on our latest anticipations. These ahead-seeking statements may perhaps be identified by the terms “imagine,” “hope,” “hope,” “intend,” “will,” “target,” “foresee,” “objective” and equivalent expressions. Our forward-seeking statements include, with out limitation, statements with respect to the objectives, results, repercussions and anticipations of any leadership changeover. The Corporation bases its forward-looking statements on data available to it on the day of this launch, and undertakes no obligation to publicly update or revise any forward-seeking statements, no matter whether as a result of modified instances, new info, long run functions or normally, besides as might usually be expected by regulation. Precise long run gatherings could also differ materially because of to quite a few elements that involve significant identified and unknown challenges and uncertainties such as, between other points, the dangers and uncertainties established forth less than “Danger Variables” and in other places in the Company’s reports on Type 10-K and Kind 10-Q and the other risks and uncertainties discussed in any subsequent studies that the Corporation documents with the Securities and Exchange Commission from time to time. Even though we have attempted to detect those content elements that could lead to genuine final results or occasions to differ from those described in these ahead-hunting statements, there might be other variables that could induce true effects or events to differ from people predicted, estimated or supposed. Offered these uncertainties, buyers are cautioned not to put undue reliance on our ahead-on the lookout statements.
See supply variation on businesswire.com: https://www.businesswire.com/news/house/20210719005807/en/
Contacts
Investor Relations Speak to:
Amanda Cimaglia
312-809-1093
[email protected]
Media Call:
Amy Widdowson
(650) 597-7132
[email protected]