CPG International Appoints Gary Hendrickson as Chairman of the Board
Former Valspar CEO Brings Years of Experience to Leading Building Products Company
SKOKIE, Ill., June 19, 2017 /PRNewswire/ -- CPG International, a leader in premium, low maintenance, exterior building products, announced today the appointment of former Valspar exec Gary Hendrickson, who guided the company to the acquisition by Sherwin-Williams for $11.3 billion, as Chairman of the Board.
Hendrickson is the former Chairman, President and Chief Executive Officer of The Valspar Corporation. His years of experience and impactful results on businesses achieving great growth in the industry will guide CPG International's growth and development in the coming years.
"We are thrilled to have Gary lead our board as he brings a depth of experience from his work with Valspar and through his involvement with other external boards," said Jesse Singh, CEO of CPG International. "We look forward to achieving our next level of success with his guidance."
Hendrickson joined Valspar's packaging coatings business in 1994 and has held a variety of senior leadership roles in the company. He joined the Board of Directors in 2008 and became chairman in 2012. Prior to joining Valspar, Hendrickson served for 11 years in the U.S. Navy as Lieutenant Commander.
"I am honored to be named chairman of the board of a leader in the building products space with substantial room for growth," said Hendrickson. "I am excited to contribute to the future direction and growth of CPG International and to serve alongside such accomplished board leadership."
"Gary did a remarkable job of creating significant value in the building products space and we look forward to adding his leadership to an already strong board," said Dan Lukas, a Director of CPG and Partner in the Private Equity Group of Ares Management, L.P., and Russ Hammond, a Director of CPG and Director of Ontario Teachers' Pension Plan, in a joint statement.
About CPG International
CPG International LLC is an industry leader of premium building products that replace traditional materials and provide value through lower maintenance, refined aesthetics and reduced total cost. Our commitment to innovation, sustainability, and research and design is at the core of who we are. CPG International is headquartered in Skokie, IL, in the greater Chicago area and also operates highly automated manufacturing facilities in Scranton, Pennsylvania, and Wilmington, Ohio. The company's products are marketed under several brands including AZEK® and TimberTech® for residential building materials, Scranton Products® for commercial building materials, and Vycom® for industrial building materials. For additional information, visit www.cpgint.com.
SOURCE CPG International LLC
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