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Compass Diversified Announces Stephen Keller as Chief Financial Officer

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Compass Diversified (NYSE: CODI) has appointed Stephen Keller as its new Chief Financial Officer, effective August 31, 2024. Keller brings over 25 years of executive finance experience across multiple industries, replacing Ryan Faulkingham, who has served as CFO since July 2013.

Keller's most recent role was Interim CFO and VP of Investor Relations at Envista Holdings . He also held various positions at Avery Dennison , including VP of Strategy & Corporate Development. Keller holds a BS in Economics from the University of Iowa and an MBA from Northwestern University's Kellogg School of Management.

CODI's CEO, Elias Sabo, expressed confidence in Keller's ability to bolster the company's organizational foundation and drive strong financial results. Keller stated his excitement about joining CODI, highlighting the company's diverse mix of middle market businesses and long-term approach to value creation.

Compass Diversified (NYSE: CODI) ha nominato Stephen Keller come nuovo Chief Financial Officer, con effetto dal 31 agosto 2024. Keller porta con sé oltre 25 anni di esperienza nella finanza esecutiva in vari settori, sostituendo Ryan Faulkingham, che ha ricoperto il ruolo di CFO dal luglio 2013.

Il ruolo più recente di Keller è stato quello di CFO ad interim e VP delle Relazioni con gli Investitori presso Envista Holdings. Ha anche ricoperto diverse posizioni presso Avery Dennison, tra cui VP di Strategia e Sviluppo Aziendale. Keller ha conseguito una laurea in Economia presso l'Università dell'Iowa e un MBA presso la Kellogg School of Management della Northwestern University.

Il CEO di CODI, Elias Sabo, ha espresso fiducia nelle capacità di Keller di rafforzare le basi organizzative della società e di guidare risultati finanziari solidi. Keller ha espresso la sua eccitazione per l'ingresso in CODI, sottolineando il mix diversificato di aziende di mercato intermedio e l'approccio a lungo termine alla creazione di valore.

Compass Diversified (NYSE: CODI) ha nombrado a Stephen Keller como nuevo Director Financiero, con efecto a partir del 31 de agosto de 2024. Keller aporta más de 25 años de experiencia ejecutiva en finanzas en múltiples industrias, reemplazando a Ryan Faulkingham, quien ha sido CFO desde julio de 2013.

El papel más reciente de Keller fue CFO interino y VP de Relaciones con Inversores en Envista Holdings. También ocupó varios puestos en Avery Dennison, incluyendo VP de Estrategia y Desarrollo Corporativo. Keller tiene una licenciatura en Economía de la Universidad de Iowa y un MBA de la Kellogg School of Management de la Universidad Northwestern.

El CEO de CODI, Elias Sabo, expresó confianza en la capacidad de Keller para fortalecer la base organizativa de la empresa y generar resultados financieros sólidos. Keller manifestó su entusiasmo por unirse a CODI, destacando la mezcla diversa de empresas de mercado medio y el enfoque a largo plazo en la creación de valor.

Compass Diversified (NYSE: CODI)Stephen Keller를 새로운 최고재무책임자(CFO)로 임명했으며, 임기는 2024년 8월 31일부터 시작됩니다. Keller는 25년 이상의 경영 재무 경험을 다양한 산업에서 쌓아왔으며, 2013년 7월부터 CFO를 맡아온 Ryan Faulkingham을 대체합니다.

Keller의 최근 역할은 Envista Holdings의 CFO 대행 및 투자자 관계 부사장이었습니다. 그는 Avery Dennison에서 전략 및 기업 개발 부사장과 같은 여러 직책을 역임했습니다. Keller는 아이오와 대학교에서 경제학 학사 학위를, 노스웨스턴 대학교의 Kellogg 경영대학원에서 MBA를 취득했습니다.

CODI의 CEO인 Elias Sabo는 Keller가 회사의 조직적 기반을 강화하고 강력한 재무 결과를 이끌어낼 수 있을 것이라는 확신을 표명했습니다. Keller는 CODI에 합류하게 되어 기쁘고, 중간 시장 기업들의 다양한 혼합과 장기적인 가치 창출 접근 방식을 강조했습니다.

Compass Diversified (NYSE: CODI) a nommé Stephen Keller comme nouveau Directeur Financier, à compter du 31 août 2024. Keller possède plus de 25 ans d'expérience en finance exécutive dans plusieurs secteurs, remplaçant Ryan Faulkingham, qui a occupé le poste de CFO depuis juillet 2013.

Keller a récemment occupé le poste de CFO par intérim et VP des Relations avec les Investisseurs chez Envista Holdings. Il a également occupé divers postes chez Avery Dennison, dont VP de la Stratégie et du Développement d'Entreprise. Keller est diplômé en Économie de l'Université de l'Iowa et titulaire d'un MBA de la Kellogg School of Management de la Northwestern University.

Le PDG de CODI, Elias Sabo, a exprimé sa confiance dans la capacité de Keller à renforcer la base organisationnelle de l'entreprise et à générer des résultats financiers solides. Keller a exprimé son enthousiasme à rejoindre CODI, soulignant le mélange diversifié d'entreprises sur le marché intermédiaire et l'approche à long terme en matière de création de valeur.

Compass Diversified (NYSE: CODI) hat Stephen Keller als neuen Chief Financial Officer ernannt, der am 31. August 2024 sein Amt antreten wird. Keller bringt über 25 Jahre Erfahrung in der Unternehmensfinanzierung in mehreren Branchen mit und ersetzt Ryan Faulkingham, der seit Juli 2013 als CFO tätig ist.

Kellers letzte Position war Interim CFO und VP für Investor Relations bei Envista Holdings. Zudem hatte er verschiedene Positionen bei Avery Dennison inne, darunter VP für Strategie und Unternehmensentwicklung. Keller hat einen Abschluss in Volkswirtschaftslehre von der University of Iowa und einen MBA von der Kellogg School of Management der Northwestern University.

Der CEO von CODI, Elias Sabo, äußerte Vertrauen in Kellers Fähigkeit, die organisatorische Grundlage des Unternehmens zu stärken und solide Finanzergebnisse zu erzielen. Keller äußerte seine Begeisterung darüber, zu CODI zu stoßen, und hob die vielfältige Mischung der Unternehmen im mittleren Markt und den langfristigen Ansatz zur Wertschöpfung hervor.

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WESTPORT, Conn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that Stephen Keller has been appointed as the Company’s Chief Financial Officer (CFO), effective August 31, 2024. He will be replacing Ryan Faulkingham, who has served as the Company’s CFO since July 2013 and is departing the Company effective August 30, 2024. Mr. Faulkingham will continue to serve in an advisory capacity in order to facilitate a seamless transition.

In his new role, Mr. Keller will lead CODI’s finance organization, including accounting, planning, treasury, tax, reporting, and investor relations. He brings to CODI over 25 years of executive finance experience across multiple industries, including automotive, healthcare, industrial, specialty materials, retail and apparel branding, and media.

Most recently, Mr. Keller served as Interim Chief Financial Officer and Vice President of Investor Relations at Envista Holdings Corporation (NYSE: NVST), a $2.6 billion company and one of the leading suppliers of dental solutions globally. During his time at Envista, he also served as Vice President Strategy and Business Development, as well as Vice President and General Manager of Nobel Biocare’s Prosthetics Business Unit.

Prior to Envista, Mr. Keller worked at Avery Dennison Corporation (NYSE: AVY), an $8 billion global materials science company.   At Avery Dennison, he held various positions of increasing responsibility in finance, strategy, and general management. Most notably, Mr. Keller served as Vice President, Strategy & Corporate Development, overseeing multiple acquisitions. He also served as Vice President of Finance, Asia, for an $800 million operating region. He further led new and emerging markets for Avery Dennison’s Retail Branding and Information Solutions division. Mr. Keller received a BS in Economics from the University of Iowa and an MBA from the Kellogg School of Management, Northwestern University.

Elias Sabo, CEO of Compass Diversified, commented, “We are delighted to welcome Stephen to Compass Diversified. His extensive experience at numerous public companies in financial leadership and other senior executive positions will bolster CODI’s strong organizational foundation. He has guided both public and private companies through dynamic conditions and meaningful transformation during his impressive career. Stephen brings to CODI an inspirational leadership style and a proven track record of driving strong financial results, instilling financial and operational discipline while also developing strong relationships with shareholders and prospective investors. We believe he has the right skill set to help shape and lead our strategic direction moving forward.”

On his appointment, Mr. Keller stated: “I am very excited to join the CODI team as its CFO. The Company’s diverse mix of disruptive and innovative middle market businesses combined with its permanent capital base and long-term, disciplined approach to value creation creates an exciting opportunity for all stakeholders. I look forward to working closely with Elias, the CODI board of directors, and the senior leadership team to spearhead the organization’s financial stewardship while pursuing growth initiatives and accretive acquisitions for the benefit of our owners.”

Mr. Sabo continued: “We are grateful for Ryan’s significant contributions during his tenure as CFO. He played an instrumental and important role in getting CODI to this point in our evolution, and we wish him all the best in his next endeavor.”

About Compass Diversified (“CODI”)
Since its IPO in 2006, CODI has consistently executed its strategy of owning and managing a diverse set of highly defensible, middle-market businesses across the industrial, branded consumer and healthcare sectors. The Company leverages its permanent capital base, long-term disciplined approach, and actionable expertise to maintain controlling ownership interests in each of its subsidiaries, maximizing its ability to impact long-term cash flow generation and value creation. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and has consistently generated strong returns through its culture of transparency, alignment and accountability. For more information, please visit compassdiversified.com.

Forward Looking Statements
This press release may contain certain forward-looking statements, including statements with regard to the future performance of CODI and its subsidiaries. Words such as "believes," "expects," and "future" or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by CODI with the SEC for the year ended December 31, 2023 and in other filings with the SEC. Except as required by law, CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations
Compass Diversified
irinquiry@compassdiversified.com

Gateway Group
Cody Slach
949.574.3860
CODI@gateway-grp.com

Media Relations
Compass Diversified
mediainquiry@compassdiversified.com

The IGB Group
Leon Berman
212.477.8438
lberman@igbir.com


FAQ

Who is the new CFO of Compass Diversified (CODI)?

Stephen Keller has been appointed as the new Chief Financial Officer of Compass Diversified (CODI), effective August 31, 2024.

What is Stephen Keller's background before joining CODI?

Stephen Keller has over 25 years of executive finance experience. He most recently served as Interim CFO and VP of Investor Relations at Envista Holdings , and previously held various positions at Avery Dennison

When will Stephen Keller start his role as CFO at CODI?

Stephen Keller will start his role as Chief Financial Officer at Compass Diversified (CODI) on August 31, 2024.

Who is Stephen Keller replacing as CFO at CODI?

Stephen Keller is replacing Ryan Faulkingham, who has served as Compass Diversified's CFO since July 2013 and is departing the company on August 30, 2024.

What are Stephen Keller's responsibilities as CFO of CODI?

As CFO of Compass Diversified, Stephen Keller will lead the company's finance organization, including accounting, planning, treasury, tax, reporting, and investor relations.

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