The AZEK® Company Inc. Appoints Jon Skelly as Senior Vice President of Customer Experience

Rhea-AI Summary

The AZEK Company (NYSE: AZEK) has announced Jon Skelly's appointment as Senior Vice President of Customer Experience, a newly created role aimed at enhancing customer relations. Previously, Skelly served as Senior Vice President of Strategy and Execution and has been with AZEK since January 2018. CEO Jesse Singh praised Skelly’s contributions to the company, including involvement in the IPO and recent acquisitions. Additionally, Peter Clifford is named Chief Financial Officer, overseeing corporate development, supported by Jim Harrington, who takes on expanded strategy responsibilities.

Positive

• Jon Skelly's promotion may enhance customer experience and strengthen leadership.
• Continued focus on growth through strategic leadership transitions.
• Company's commitment to sustainability remains strong with recycled materials.

Negative

• Leadership changes could pose continuity risks during transition.
• Potential experience gap in customer experience leadership.

The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”) today announced that Jon Skelly has been appointed Senior Vice President, Customer Experience, a newly created position. In this new role reporting to Joe Ochoa, AZEK’s President of its Residential Business, Mr. Skelly will oversee the sales, customer service and product application teams. Mr. Skelly will immediately transition from his current role at the Company as Senior Vice President, Strategy and Execution.

“I am pleased to announce Jon’s transition to Senior Vice President, Customer Experience. Jon has played an invaluable role in AZEK’s success over the last several years, including our June 2020 initial public offering as well as our recent acquisitions of Versatex and Return Polymers. He has a deep understanding of our business, has added meaningful value in numerous areas and clearly shares our vision for the future of the Company. Jon’s promotion reflects our commitment to continuing to drive the customer experience as part of our overall strategy and I am confident in the significant contributions Jon will bring to this new, well-earned, position,” said Jesse Singh, CEO of The AZEK Company.

Mr. Skelly added, "I could not be more excited about this new role and look forward to contributing more directly to our customer experience and working with the team to continue to drive AZEK’s overall strategy and success.”

Mr. Skelly joined AZEK in January 2018 and has over 20 years of strategy, mergers and acquisitions, analytics, integration and business development experience. Prior to joining AZEK, Mr. Skelly served as Vice President of Corporate Development for W.W. Grainger, Inc., an industrial supply company. Mr. Skelly has also held a variety of leadership positions at The Home Depot Inc. and Hughes Supply, Inc.

As previously announced, Peter Clifford, AZEK’s newly appointed Chief Financial Officer, will be responsible on a go-forward basis for, among other things, AZEK’s corporate development and strategy. Mr. Clifford will be supported by the Company’s existing Vice President, Strategy & Business Transformation, Jim Harrington, whose current role will expand to include Mr. Skelly’s previous strategy responsibilities. Mr. Harrington joined The AZEK Company in November 2020, having previously served as Vice President Supply Chain Operations at True Value and prior to that as a principal at The Boston Consulting Group.

“We remain committed to continuing to drive the growth of the Company through the prudent execution of strategic initiatives and transactions that broaden our platform and enhance our manufacturing operations. We are excited to have Peter on board to oversee our efforts here, providing us with the latitude to make these important leadership transitions. I look forward to working with both Peter and Jim to execute on the Company’s strategy in the months and years ahead, ” Mr. Singh continued.

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 1,700 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 leadership transition. 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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FAQ

What is Jon Skelly's new role at AZEK?

Jon Skelly has been appointed as Senior Vice President of Customer Experience.

What previous position did Jon Skelly hold before his promotion?

He was the Senior Vice President of Strategy and Execution.

Who is the new Chief Financial Officer of AZEK?

Peter Clifford has been appointed as the Chief Financial Officer.

What are the responsibilities of Peter Clifford at AZEK?

Peter Clifford will oversee corporate development and strategy.

What is the significance of Jon Skelly's promotion for AZEK?

His promotion reflects a commitment to enhancing customer experience and overall strategy.