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Apogee Enterprises Names Matthew J. Osberg Chief Financial Officer
Rhea-AI Impact
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Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Apogee Enterprises, Inc. (Nasdaq: APOG) has appointed Matt Osberg as the new Executive Vice President and Chief Financial Officer, effective April 28, 2023. Osberg brings over 20 years of financial leadership experience, including his recent role as CFO at Helen of Troy Limited and prior positions at Best Buy Co., Inc. CEO Ty R. Silberhorn expressed confidence in Osberg's ability to drive results and add value to the company. Mark Augdahl, the interim CFO, will return to his position as Vice President of Finance for the Architectural Glass segment.
Positive
Matt Osberg appointed as CFO brings over 20 years of financial experience.
Osberg has a proven track record in public company finance leadership.
Mark Augdahl resumes role as VP of Finance, ensuring continuity.
Negative
None.
MINNEAPOLIS--(BUSINESS WIRE)--
Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that it has selected Matt Osberg as the company’s next Executive Vice President and Chief Financial Officer, effective April 28, 2023. Mark Augdahl, who served as interim Chief Financial Officer during the company’s search process, will resume his role as Vice President of Finance for Apogee’s Architectural Glass segment.
Matthew J. Osberg has been named Chief Financial Officer of Apogee Enterprises, Inc. (Photo: Business Wire)
Mr. Osberg brings more than 20 years of experience as a finance leader. Most recently, he served as Chief Financial Officer at Helen of Troy Limited, a global consumer products company. He joined Helen of Troy in 2016, and previously served as Senior Vice President of Corporate Finance. Prior to joining Helen of Troy, Matt worked for seven years in finance roles at Best Buy Co., Inc., ultimately serving as the Chief Financial Officer and Regional Vice President of Best Buy Mexico. Previously, he worked ten years in public accounting at Ernst & Young LLP.
“After a thorough search process, I am excited to welcome Matt to Apogee’s leadership team,” said Ty R. Silberhorn, Chief Executive Officer. “Matt is a proven public company CFO, with an impressive record of delivering results and creating value throughout his career. His combination of deep functional knowledge and transformational leadership skills will make him a valuable addition to our team as we continue to execute our strategy.”
Mr. Silberhorn continued, “I would also like to thank Mark Augdahl for his outstanding work as interim CFO. Mark’s leadership and experience have been invaluable during this transition period, and he will continue to help champion our finance transformation journey.”
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.
Jeff Huebschen Vice President, Investor Relations & Communications 952.487.7538
ir@apog.com
Source: Apogee Enterprises, Inc.
FAQ
Who has been appointed as CFO of Apogee Enterprises?
Matt Osberg has been appointed as the CFO of Apogee Enterprises, effective April 28, 2023.
What experience does Matt Osberg bring to Apogee Enterprises?
Matt Osberg brings over 20 years of financial leadership experience, including roles as CFO at Helen of Troy Limited and finance positions at Best Buy.
Who was the interim CFO at Apogee before Matt Osberg?
Mark Augdahl served as the interim CFO before Matt Osberg's appointment.
When did Matt Osberg start his role as CFO at Apogee Enterprises?
Matt Osberg will start his role as CFO on April 28, 2023.
What is the significance of Matt Osberg's appointment for Apogee Enterprises?
Osberg's extensive experience in finance leadership is expected to enhance Apogee's financial strategy and performance.
