– USA, IL – The AZEK Company Inc. (NYSE: AZEK), the industry-leading manufacturer of beautiful, low-maintenance, and environmentally sustainable outdoor living and building products, today announced the appointments of Vernon Nagel and Natasha Li to its board of directors.
“I am very excited to welcome Vern and Natasha to our board of directors,” said CEO, Jesse Singh. “Vern’s decades-long experience serving in chief executive and chief financial officer roles in the manufacturing and consumer products spaces is expected to add significant operational, strategic and industry-specific insight to our already dynamic and accomplished board of directors. Natasha’s background in private equity, where she has focused on jumpstarting sustainable and successful growth across companies in a variety of industries, will further enhance the Company’s strategic vision and its carrying out of that vision, both in the short and long terms. On behalf of the rest of the board and management, I greatly look forward to working with both Vern and Natasha.”
About Vernon J. Nagel
Mr. Nagel brings to AZEK an accomplished history of driving profitable growth, integrating successful acquisitions, and expanding into new markets. Since 2001, he served in various roles at Acuity Brands, where he served as Chairman, President & CEO from 2004 to early 2020 and then as Executive Chairman until the end of 2020. While at Acuity Brands, Mr. Nagel focused on enhancing shareholder value by introducing new technologies, expanding markets served through organic growth and acquisitions, and driving company-wide productivity. Before his time at Acuity Brands, Mr. Nagel held senior financial positions at Jepson Associates, Inc., Kuhlman Corporation, and Stericycle, Inc.
“I greatly look forward to helping guide AZEK, a leader in the exciting and growing outdoor living market with a relentless focus on environmental and social improvement, as it continues its mission to advance a circular and sustainable economy and provide its customers with the tools to beautify and personalize their outdoor living spaces while doing it,” said Mr. Nagel.
About Natasha Li
Ms. Li has served on the Ares investment team that has been instrumental in advising and guiding the Company through its time as a private company following its acquisition by a fund managed by the Ares Private Equity Group and Ontario Teachers’ Pension Plan Board in 2013 through its initial public offering in 2020 and to the present. Ms. Li’s extensive knowledge of the Company’s history and its vision for the future will allow her to immediately add significant value to the Company’s strategy and execution. Ms. Li also serves on the board of City Ventures LLC and the parent entity of Resource Label Group and has served on the boards of National Veterinary Associations, Inc. and Jacuzzi Brands Corporation.
“Having worked with the AZEK management team and board of directors for many years, I am excited to join the Company’s board of directors and help it continue its remarkable journey. AZEK has achieved significant success over the past several years, becoming the leader in the outdoor living space. I believe AZEK has exciting opportunities ahead as it continues to execute against its strategy and generate benefits for its customers, contractors, employees and community members, and the environment,” said Ms. Li.
About The AZEK Company
The AZEK Company Inc. 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 2,000 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 more information: https://azekco.com/
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