WINCHESTER, Va.--(BUSINESS WIRE)--May. 11, 2009--
Trex Company, Inc. (NYSE: TWP), manufacturer of Trex® decking and
railing, today announced the appointment of Richard E. Posey to a newly
created position on its Board of Directors.
Mr. Posey, 62, served as President and Chief Executive Officer of Moen
Incorporated, a leading manufacturer in the global faucet market, for
six years before retiring in 2007. Prior to joining Moen, Mr. Posey was
President and Chief Executive Officer of Hamilton Beach / Proctor Silex,
Inc. for five years.
Mr. Posey began his career at S.C. Johnson & Son, where for 22 years he
served in a series of increasingly responsible management positions,
both overseas and in the U.S., culminating with Executive Vice
President, Consumer Products, North America.
Andrew Ferrari, Chairman of Trex, commented, “We are delighted to
welcome Dick to our Board of Directors. His in-depth experience with
branded products, combined with his expertise in manufacturing
operations, make him a perfect fit for Trex’s Board. We look forward to
his contributions as we work to expand our product line and enhance our
leadership position in the composite decking, railing and fencing
markets.”
Mr. Posey currently serves on the Board of Directors of The Colman
Group, a supply equipment company, is a member of the Visiting
Committee, The Ross School of Business, The University of Michigan, and
is a Founding Trustee, Virginia Commonwealth University School of
Engineering Foundation.
He received a Bachelor's degree, cum laude, from The University of
Southern California and a Master's degree in Business Administration
from The University of Michigan.
About Trex Company
Trex Company is the nation’s largest manufacturer of composite decking,
railing and fencing, with more than 15 years of product experience.
Built on “green” principles and values, Trex makes its products from a
unique formulation of reclaimed wood and waste plastic, combined through
a proprietary process. Trex decking, railing and fencing offer
significant design flexibility with fewer ongoing maintenance
requirements than wood, as well as a truly environmentally responsible
choice. In addition, Trex distributes ultra-low maintenance PVC decking
under the trademark Trex Escapes® and PVC trim under the
trademark TrexTrim™. For more information, visit the Company’s website, www.trex.com.
Trex®, Trex Escapes®, and TrexTrimTM
are trademarks of Trex Company, Inc., Winchester, Va.
Source: Trex Company, Inc.
Trex Company, Inc.
James Cline, 540-542-6300
Chief Financial
Officer
Lippert/Heilshorn & Associates
Harriet Fried,
212-838-3777