Select Interior Concepts Appoints Karl Adrian President, Residential Design Services

Rhea-AI Summary

Select Interior Concepts, Inc. (SIC) has appointed Karl Adrian as President of Residential Design Services effective March 1, 2021. CEO Bill Varner expressed enthusiasm over Adrian's extensive experience in sales, marketing, and operations, pointing to his previous roles, including CEO of Clio Holdings and COO at Senneca Holdings. CFO Nadeem Moiz highlighted Adrian's expertise in driving revenue growth and operational excellence. SIC is a prominent distributor and installer of interior building products, focusing on integrated design and installation services across various sectors.

Positive

• Appointment of Karl Adrian as President, enhancing leadership with extensive industry experience.
• Focus on optimizing revenue growth and core earnings under new leadership.

Negative

• None.

ATLANTA, March 01, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (“SIC” or the “Company”) (NASDAQ: SIC), a premier installer and nationwide distributor of interior building products, today announced that Karl Adrian will join the Company as President, Residential Design Services effective March 1, 2021.

L.W. (Bill) Varner, Jr., Chief Executive Officer of SIC, commented, “We’re delighted to welcome Karl Adrian, a seasoned executive with an impressive background in sales, marketing, and operations, to the SIC team. A global leader with proven success in strategic planning, supply chain development and operational excellence, he will be responsible for driving all aspects of RDS’s success.”

Nadeem Moiz, Chief Financial Officer and Chief Operating Officer of SIC, added, “Karl’s deep expertise and focus on high performance make him the ideal candidate to advance our drive to optimize SIC’s revenue growth and core earnings power. I look forward to working closely with him.”

Mr. Adrian spent the majority of his 30-year career in the building products industry, working in both the commercial and residential markets. Most recently, he served as CEO of Clio Holdings, a large fabricator of stone and other countertops with multiple manufacturing facilities and other locations. Between 2017 and 2019, he was COO for Senneca Holdings, Inc., which focused on the specialty door industry. Prior to that, he held various executive roles at Assa Abloy, Marshfield Door Systems and Overhead Door Corporations. He holds a B.S. in Wood Products, Forestry from the University of Missouri – Columbia.

ABOUT SELECT INTERIOR CONCEPTS

Select Interior Concepts is a premier installer and nationwide distributor of interior building products with leading market positions in highly attractive markets. Headquartered in Atlanta, Georgia, Select Interior Concepts is listed on the NASDAQ. The Residential Design Services segment provides integrated design, sourcing and installation solutions to customers, in the selection of a broad array of interior products and finishes, including flooring, cabinets, countertops, window treatments, and related interior items. The Architectural Surfaces Group segment distributes natural and engineered stone through a national network of distribution centers and showrooms under proprietary brand names such as Modul and Pental. For more information, visit: www.selectinteriorconcepts.com.

CONTACTS:

Investor Relations:
Joshua Large
(470) 381-4226
ir@sicinc.com 

FAQ

Who is the new President of Select Interior Concepts (SIC)?

Karl Adrian has been appointed as the new President of Residential Design Services at Select Interior Concepts, effective March 1, 2021.

What are Karl Adrian's qualifications for the role at SIC?

Karl Adrian brings over 30 years of experience in the building products industry, including executive roles in companies like Clio Holdings and Assa Abloy.

What is the focus of the Residential Design Services segment at SIC?

The Residential Design Services segment provides integrated design, sourcing, and installation solutions for a variety of interior products, including flooring, cabinets, and countertops.

Why is Karl Adrian's appointment significant for SIC?

Adrian's appointment is significant due to his proven track record in strategic planning and operational excellence, which SIC aims to leverage for revenue growth.