AZEK Appoints New Senior Vice President of Research and Development, Reinforcing Commitment to Innovation and Sustainability
December 20 2021 - 7:30AM
Business Wire
The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”),
the industry-leading manufacturer of beautiful, low-maintenance and
environmentally sustainable outdoor living products, including
TimberTech® decking and Versatex® and AZEK Trim®, has appointed
Daniel Boss, Ph.D. as Senior Vice President of Research and
Development (R&D), replacing the function’s current lead, Bruce
Stanhope, Ph.D., who will retire in early 2022. As a member of
AZEK’s leadership team, Boss will ensure AZEK maintains and
enhances its commitment to creating the most beautiful, innovative,
and sustainable products in the category.
“I believe strongly in AZEK’s purpose to revolutionize outdoor
living to create a more sustainable future and, to do that, we must
continuously harness a spirit of innovation and ingenuity,” Boss
said. “AZEK and its products have a strong track record of leading
the industry in both innovation and sustainability, and, together
as an R&D team, we’ll live by the company’s value better today
than yesterday to continue to deliver best-in-class products for
consumers.”
Boss brings to AZEK more than 20 years of experience developing
and launching new, innovative and commercially and technically
successful products, including within the building products
industry. Additionally, he has direct experience with the two main
polymers used at AZEK. Most recently, Boss served as SVP of R&D
at GAF, a building materials company specializing in roofing, where
he not only developed award-winning products but established an
industry-first, post-consumer recycling process to enhance the
company’s sustainability efforts. Prior to GAF, Boss was VP of
Engineering at Serious Materials, Inc. and held leadership
positions at USG Corporation. Boss received a Ph.D. in Materials
Science and Engineering from Northwestern University, an MS in
Materials Science and Engineering from UCLA, and a BS in Chemical
Engineering from USC.
“When looking for a new R&D leader, it was important that we
found someone who not only understands how to innovate to deliver
the beautiful, high-quality products our stakeholders have come to
expect from us, but who also has the ability to create new
solutions to address needs customers don’t yet know they have. We
found that and more in Dan,” Jesse Singh, CEO of The AZEK Company
said. “As we welcome Dan, I want to thank Bruce Stanhope for his
dedication to AZEK over the last nine years. He has made
significant contributions to our success, including both the
development of TimberTech’s two most premium, market-leading
decking collections and the formulations to accelerate our use of
recycled materials.”
Boss will assume his role on January 3, 2022, while Stanhope
assists with the transition in the month of January.
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® and AZEK Trim®. 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 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. Our forward-looking statements include,
without limitation, 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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Amy Widdowson (415) 819-2126 AZEKquestions@zenogroup.com
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