The AZEK® Company Announces Changes to its Board of Directors
September 18 2023 - 4:15PM
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 railing, Versatex® and AZEK® Trim, and
StruXure™ pergolas, announced today the appointment of Harmit Singh
and Pamela Edwards to its board of directors, effective September
14, 2023. Harmit Singh has also been appointed to AZEK’s
Compensation Committee and Pamela Edwards has been appointed to
AZEK’s Audit Committee.
“We are excited to welcome both Harmit and Pam to AZEK’s Board
of Directors. Harmit and Pam bring deep leadership experience and
proven track records driving strong performance and growth for
well-known consumer-oriented companies, making them outstanding
additions to the AZEK board. The collective expertise and diverse
perspectives of our board members, which now include Harmit and
Pam, will undoubtedly contribute to our continued success, growth
and position as the industry leader in outdoor living,” said AZEK’s
CEO and director, Jesse Singh.
AZEK also announced that Bennett Rosenthal, a Co-Founder,
Director and Partner of Ares Management Corporation and Chairman of
the Ares Private Equity Group, Natasha Li, Partner in the Ares
Private Equity Group, Ashfaq Qadri, Managing Director within the
Equities Division at Ontario Teachers’ Pension Plan, in connection
with the significant reduction over time in ownership interests
held by each sponsor entity, and Fumbi Chima has each resigned from
its Board of Directors, effective September 14, 2023. None of these
resignations was the result of any dispute or disagreement with the
Company or the board.
Jesse Singh added, “I would also like to personally thank our
departing directors, individually and collectively, for their
service over many years. Each of these individuals provided
valuable insight and counsel in many areas which have been integral
to AZEK’s continued success. We are extremely grateful for these
partnerships and wish each of Mr. Rosenthal, Mr. Qadri, Ms. Li and
Ms. Chima all the best in their future endeavors.”
About Harmit Singh and Pam Edwards
Harmit Singh (no relation to Jesse Singh, AZEK's Chief Executive
Officer and President) currently serves as the Chief Financial and
Growth Officer of Levi Strauss & Co. (NYSE: LEVI) where he is
responsible for managing finance, strategy, information technology,
strategic sourcing, real estate and global business services
functions globally. Previously, Mr. Singh was Executive Vice
President and Chief Financial Officer of Hyatt Hotels Corporation
from August 2008 to December 2012. Prior to that, he spent 14 years
at Yum! Brands, Inc. in a variety of global leadership roles,
including Senior Vice President and Chief Financial Officer of Yum
Restaurants International. Before joining Yum!, Mr. Singh worked in
various financial capacities for American Express India & Area
Countries. Mr. Singh also served on the board of directors and the
audit committees of Buffalo Wild Wings Inc. and OpenText
Corporation. Mr. Singh received a B.A. in Commerce from the
University of Delhi (India) and is a Chartered Accountant from the
Institute of Chartered Accountants of India.
Pamela Edwards most recently served as Chief Financial Officer
and Executive Vice President of Citi Trends, Inc. (NASDAQ: CTRN), a
retail clothing chain selling products targeted primarily at urban
customers from January 2021 until April 2022. Previously, Ms.
Edwards held various roles at L Brands Inc., one of the world’s
leading specialty retailers, including as Chief Financial Officer
and Executive Vice President of its Mast Global division from April
2017 to September 2020, Chief Financial Officer of its Victoria’s
Secret division (n/k/a Victoria’s Secret & Co. (NYSE: VSCO)),
from 2007 to April 2017, and Chief Financial Officer of its Express
division from 2005 to 2007. Prior to that, Ms. Edwards worked in
various business and financial planning roles at Gap/Old Navy,
Sears Roebuck and Kraft Foods. Ms. Edwards currently serves on the
Board of Directors of NMG Holding Company, Inc. (formerly known as
Neiman Marcus Group LLC), where she is Chair of the Audit
Committee, and Hibbett, Inc. (NASDAQ: HIBB). Ms. Edwards received
an M.B.A. from Duke University and a B.S. in Finance from Florida
A&M University. Ms. Edwards is also NACD Directorship
Certified®.
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 railing, Versatex® and AZEK Trim® and
StruXure™ pergolas. Consistently recognized as a market leader in
innovation, quality and aesthetics, products across AZEK’s
portfolio are made from up to approximately 90% 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. The AZEK Company has
recently been named one of America’s Climate Leaders by USA Today,
a Top Workplace by the Chicago Tribune and a winner of the 2023
Real Leaders® Impact Awards. Headquartered in Chicago, Illinois,
the company operates manufacturing and recycling facilities in
Ohio, Pennsylvania, Idaho, Georgia, Nevada, New Jersey, Michigan
and Minnesota. For additional information, please visit
azekco.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230918378112/en/
Media Contact: Amanda Cimaglia 312-809-1093
media@azekco.com
Investor Relations Contact: Eric Robinson 312-809-1093
ir@azekco.com
AZEK (NYSE:AZEK)
Historical Stock Chart
From Sep 2024 to Oct 2024
AZEK (NYSE:AZEK)
Historical Stock Chart
From Oct 2023 to Oct 2024