CSW Industrials Names Greggory W. Branning Chief Financial Officer
June 09 2016 - 8:00AM
CSW Industrials, Inc. (the “Company”) (NASDAQ:CSWI), a diversified
industrial growth company with well-established, scalable platforms
and domain expertise across three segments: Industrial Products;
Coatings, Sealants & Adhesives; and Specialty Chemicals, today
announced that Gregg Branning has been named the Company’s
Executive Vice President and Chief Financial Officer, effective
June 9, 2016. Branning joined the Company on May 9, 2016 in a
consulting capacity to gain familiarity with the Company and ensure
a smooth transition.
Branning was most recently senior vice
president, Chief Financial Officer and Corporate Secretary of Myers
Industries, Inc. (NYSE:MYE), a polymer products manufacturer.
Prior to Myers, Branning was with Danaher Corporation for nine
years in various financial leadership roles, where he most recently
served as Vice president of Finance and Chief Financial Officer of
Thomson Industries, a Danaher subsidiary. Branning also spent
thirteen years with United Technologies’ Hamilton Sundstrand in
financial roles of increasing responsibility, and seven years in
public accounting, including time with Ernst & Young LLP.
“I am excited to welcome Gregg to the CSW
Industrials’ leadership team,” said Joseph B. Armes, CSW
Industrial’s Chairman and Chief Executive Officer. “Gregg
brings a demonstrated track record of success that will complement
the skills of our leadership team, and his deep financial and
operational expertise carries a strong strategic focus. As we
continue to pursue our growth strategy for the Company, he will
immediately play an integral role in our strategic planning
process, which we expect will help inform our Board and leadership
team on matters including capital allocation, operational
excellence, governance, business development and integration.”
The Company also announced that Kelly Tacke, the
Company’s current chief financial officer, will be leaving the
Company.
“On behalf of CSW Industrials, I offer my
sincere thanks to Kelly for her service to the Company,” said
Armes. “I appreciate the leadership she demonstrated in
helping to position CSW Industrials for success as an independent,
publicly traded company, and I wish her well in the
future.”
About CSW Industrials
CSWI is a diversified industrial growth company
with well-established, scalable platforms and domain expertise
across three segments: Industrial Products; Coatings, Sealants
& Adhesives; and Specialty Chemicals. CSWI’s broad portfolio of
leading products provides performance optimizing solutions to its
customers. CSWI’s products include mechanical products for heating,
ventilation and air conditioning (“HVAC”) and refrigeration
applications, coatings and sealants and high performance specialty
lubricants. Markets that CSWI serves include HVAC, general
industrial markets, rail car and locomotive, plumbing, commercial
construction, oil and gas, mining, electrical, steel and
transportation.
Investor Contact:
Michael Callahan
ICR, Inc.
Michael.Callahan@icrinc.com | 203-682-8311
Media Contacts:
Phil Denning or Jason Chudoba
ICR, Inc.
Phil.Denning@icrinc.com | 646-277-1258, Jason.Chudoba@icrinc.com | 646-277-1249
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