Standard Industries Appoints Mark Fedorcik as Chief Financial Officer

John Maitner to Retire Following Nearly 25 Years of Leadership at Standard and its Operating Companies

NEW YORK, March 11, 2025 /PRNewswire/ -- Standard Industries, a privately-held global industrial company operating in more than 80 countries with over 20,000 employees, today announced the appointment of Mark Fedorcik as Chief Financial Officer, effective April 1, 2025. Fedorcik will report to co-CEOs David Millstone and David Winter and will succeed John Maitner, who is retiring following nearly 25 years of leadership at Standard and its operating companies. Maitner will work closely with Fedorcik through the end of 2025 to ensure a seamless transition.

Fedorcik joins Standard Industries from Deutsche Bank, where he most recently served as Co-Head of the Global Investment Bank and Global Head of Origination & Advisory, as well as a member of the Group Management Committee with responsibility for Europe, Asia Pacific and the Americas. During his 30 years at Deutsche Bank, he held a number of other leadership roles, including Co-President of the Corporate & Investment Bank in the Americas, Co-Head of Corporate Finance and Head of Debt Capital Markets.

Winter and Millstone said, "Since John joined the Standard ecosystem, we have acquired new companies, entered new industries, launched new products and expanded into new geographies. We are immeasurably grateful to John for his trusted leadership and exceptional financial stewardship over the years, and we wish him all the best in his very well-deserved retirement." 

Millstone and Winter added, "Mark's expertise in financial strategy, capital program planning and capital markets will support our strong foundation as we continue investing in innovative solutions to transform industries, enhance customer experiences and drive growth across our businesses. We have known and worked with Mark for many years and look forward to welcoming him to our team."

Fedorcik said, "Standard's businesses sit at the intersection of industrialism and technology, and I am both excited and honored to be named as the next CFO. I look forward to working alongside the world-class Standard and operating companies teams to continue the strong trajectory and unlock new opportunities."

Maitner said, "It has been the highlight of my professional career to lead the financial functions at Standard and GAF and a privilege to have worked with David, David and all the talented people across Standard and its businesses. I look forward to seeing everything the team continues to accomplish."

Standard Industries has grown and evolved significantly over the past several years. Today, Standard Building Solutions comprises GAF, GAF Energy, BMI, Schiedel, SGI, and Siplast and is collectively the largest roofing and waterproofing business in the world. In 2021, Standard Industries launched Standard Performance Materials with the acquisition of W.R. Grace, a global company focused on refining technologies and specialty chemicals.

About Standard Industries

Standard Industries is a privately held global industrial company operating in over 80 countries with over 20,000 employees. The Standard ecosystem spans a broad array of holdings, technologies and investments—including both public and private companies from early to late-stage—as well as world-class building solutions, performance materials, logistics, real estate and next-generation solar technology. Throughout its history, Standard has leveraged its deep industry expertise and vision to create outsize value across its businesses, which today include operating companies GAF, BMI, Grace, GAF Energy, Siplast, Schiedel, SGI, and Standard Logistics, as well as Standard Investments and Winter Properties. Learn more at standardindustries.com.

Contact 

Jill Kary
Head of External Communications
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SOURCE Standard Industries