An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Apogee Enterprises, Inc. (NASDAQ: APOG) announced the resignation of Chief Financial Officer, Nisheet Gupta, effective August 1, 2022. Mr. Gupta is leaving to pursue an opportunity outside the industry. Mark Augdahl, Vice President of Finance for the Architectural Glass segment, has been appointed as interim CFO. CEO Ty R. Silberhorn expressed gratitude for Gupta's contributions, especially during the pandemic, while emphasizing Augdahl's industry expertise during the search for a permanent CFO.
Positive
Mark Augdahl appointed interim CFO, ensuring continuity in leadership.
Augdahl has extensive experience, bringing 35 years in finance leadership.
Negative
Resignation of CFO may lead to uncertainty during the transition period.
Potential impact on investor confidence due to leadership changes.
MINNEAPOLIS--(BUSINESS WIRE)--
Apogee Enterprises, Inc. (Nasdaq: APOG) today announced the resignation of Nisheet Gupta as Chief Financial Officer, effective August 1, 2022. Mr. Gupta is leaving Apogee to pursue an opportunity outside of the industry. The company has appointed Mark Augdahl as interim Chief Financial Officer, effective upon Mr. Gupta’s departure.
Mr. Augdahl currently serves as Vice President of Finance for Apogee’s Architectural Glass segment. He joined Apogee in 2000 and brings 35 years of experience as a finance leader. Prior to his current role, he was Vice President of Finance for Apogee’s Architectural Services segment, and he previously served as Apogee’s corporate controller.
“On behalf of the Apogee team and Board, I want to thank Nisheet for his commitment and leadership over the past two years,” said Ty R. Silberhorn, Chief Executive Officer. “He played an important role in guiding Apogee through the pandemic and accelerating the company’s transformation. We wish him well in his future endeavors.”
Mr. Silberhorn continued, “Apogee has a strong team of finance leaders, and I am pleased to have Mark step up as interim CFO. Mark’s deep knowledge of the industry and our finance processes and controls will allow him to move in seamlessly during our search for a permanent CFO.”
The company has begun a search for its next CFO and has retained an executive search firm to assist with the process.
About Apogee Enterprises, Inc.
Apogee Enterprises, Inc. (Nasdaq: APOG) is a leading provider of architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, energy conservation, and enhanced viewing. Headquartered in Minneapolis, MN, our portfolio of industry-leading products and services includes high-performance architectural glass, windows, curtainwall, storefront and entrance systems, integrated project management and installation services, as well as value-added glass and acrylic for custom picture framing and displays. For more information, visit www.apog.com.
