Trex Company, Inc. (NYSE:TREX), the world’s largest manufacturer of wood-alternative decking and railing products, today announced the appointment of Gerald Volas to its board of directors, to be effective on March 1, 2014.
Mr. Volas, 59, serves as a Group Executive of Masco Corporation, one of the world’s leading manufacturers of brand-name products for the home improvement and new home construction industries. In that capacity, he is responsible for a number of Masco operating companies, which together accounted for approximately 50% of Masco’s $7.7 billion in revenues in 2012.
Mr. Volas has been with Masco in positions of increasing responsibility since 1982. Since 2005, he has served, at one time or another, as a Group Executive for almost all of Masco’s 21 operating companies. From April 2001 until February 2005, he was President of Liberty Hardware, a Masco operating company. Prior to that, he served in a number of financial roles throughout Masco and its operating companies.
Trex Chairman, President and CEO Ronald W. Kaplan commented, “Jerry’s extensive experience in all aspects of the home improvement sector and his in-depth understanding of leadership brands make him an excellent addition to our board. We look forward to his contributions as we work to further expand Trex’s industry-leading distribution presence, our best-in-class product platform and our branding presence.”Mr. Volas is a Certified Public Accountant and holds a Bachelor of Business Administration degree from the University of Michigan. About Trex Company Trex Company is the world’s largest manufacturer of wood-alternative decking and railing, with more than 20 years of product experience. Stocked in more than 6,000 retail locations throughout the world, Trex ® outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as a truly environmentally responsible choice. For more information, visit trex.com.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts