• Thu. May 19th, 2022

AZEK® Company Announces Promotions for Executives

ByLinda W. Smith

May 9, 2022

CHICAGO–(BUSINESS WIRE)–The AZEK Company Inc. (the “Company” or “AZEK”) (NYSE: AZEK), the leading manufacturer of beautiful, low-maintenance, and environmentally friendly outdoor products, including decking TimberTech®, Versatex® and AZEK Trim® and StruXure™ Pergolas today announced two promotions for executives. Jon Skelly was promoted to president of its residential business and Morgan Fox Walbridge was promoted to senior vice president and general counsel. Both will report directly to Jesse Singh, Managing Director.

Skelly will succeed Joe Ochoa, who recently announced his intention to retire effective July 1, 2022. Walbridge will succeed Paul Kardish, who recently announced his intention to retire effective June 1, 2022. Ochoa and Kardish will remain engaged with AZEK, serving as advisors and supporting the transition.

“Both Joe and Paul have been key leaders for many of AZEK’s recent milestone accomplishments, including our 2020 IPO,” said AZEK CEO Jesse Singh. “Each of them has been instrumental in the growth and success of the company during their tenures and I would like to thank them for their passion, dedication and many contributions over the years.”

“Looking forward, I’m thrilled to announce these well-deserved promotions for Jon and Morgan,” Singh continued. “We have planned for these transitions over the past year, and this announcement is a testament to the deep and diverse group of talented leaders we have at AZEK. We are thrilled to have Jon leading our residential business. He is a a strong, trusted leader with a proven track record of delivering exceptional results and enduring success for our business, our customers, and our team. Morgan has been instrumental in navigating AZEK through the new issuer landscape and in aligning our corporate governance structures with the best practices of the investment community The leadership skills, capabilities and expertise they both bring to our team will play an important role as we continue to build on the momentum of AZEK and execute on our strategic priorities as a company to ensure long-term sustainable growth,” Singh continued.

Skelly has over 20 years of experience in strategy, mergers and acquisitions, sales, customer service and business development. Skelly most recently served as Senior Vice President of Customer Experience at AZEK. Prior to joining AZEK, Mr. Skelly served as Vice President of Business Development for WW Grainger, Inc., an industrial supply company. Mr. Skelly has also held various leadership positions with Home Depot Inc. and Hughes Supply, Inc.

Walbridge has 18 years of experience as a corporate lawyer and over a decade as in-house counsel at publicly traded companies. Walbridge most recently served as Vice President and Deputy General Counsel of AZEK. Prior to joining AZEK, Walbridge served as Assistant General Counsel and Secretary of Century Aluminum Company and Associate General Counsel and Assistant Secretary of Thompson Creek Metals Company. Walbridge began her legal career as a corporate transactional attorney at McDermott, Will & Emery in New York.

About AZEK® Company

The AZEK Company Inc. (NYSE: AZEK) is the industry leader in the design and manufacture of beautiful, durable, low-maintenance, eco-friendly outdoor products, including TimberTech® decking and Versatex pergolas. ® AZEK Trim® and StruXure™. Consistently recognized as the market leader in innovation, quality and aesthetics, the products in the AZEK line are made from 100% recycled materials and primarily replace wood on the exterior of homes, providing a solution sustainable, ecological and elegant for consumers. Leveraging the talents of its approximately 2,000 employees and strong relationships throughout its value chain, AZEK is committed to accelerating the use of recycled materials in the manufacture of its innovative products, maintaining millions of pounds of waste out of landfills each year, and revolutionizing the industry to create a more sustainable future. Based in Chicago, Illinois, the company operates manufacturing facilities in Ohio, Pennsylvania, Georgia and Minnesota, and recently announced the opening of a new factory in Boise, Idaho. For more information, please visit azekco.com.

Caution Regarding Forward-Looking Statements

This release contains or refers to certain forward-looking statements within the meaning of the federal securities laws and subject to the “safe harbor” protections thereunder. Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words “believe”, “hope”, “expect”, “intend”, “will”, “target”, “anticipate”, “objective” and similar expressions. . Financial information and projected performance, including our guidance and outlook, are forward-looking statements. Other forward-looking statements may include, but are not limited to, statements regarding our future growth and goals as well as statements regarding the objectives, effects, consequences and expectations of any changes to our management team. The Company bases its forward-looking statements on information available to it as of the date of this release and undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changes in circumstances, new information , future events or otherwise. , unless otherwise required by law. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties, including, among other things, the risks and uncertainties set forth under “Risk Factors” and elsewhere in the Company’s reports on Form 10-K and Form 10-Q and other risks and uncertainties discussed in subsequent reports that the Company files from time to time with the Securities and Exchange Commission. Although we have attempted to identify important factors that could cause actual results or events to differ from those described in these forward-looking statements, there may be other factors that could cause actual results or events to differ. differ from those anticipated, estimated or expected. Given these uncertainties, investors are cautioned not to place undue reliance on our forward-looking statements.

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