{"id":760345,"date":"2023-05-24T16:23:56","date_gmt":"2023-05-24T20:23:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/trex-company-announces-departure-of-chief-financial-officer\/"},"modified":"2023-05-24T16:23:56","modified_gmt":"2023-05-24T20:23:56","slug":"trex-company-announces-departure-of-chief-financial-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/trex-company-announces-departure-of-chief-financial-officer\/","title":{"rendered":"Trex Company Announces Departure of Chief Financial Officer"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Trex Company Announces Departure of Chief Financial Officer<\/b><\/p>\n<p>WINCHESTER, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTrex Company, Inc. (NYSE:TREX), the world\u2019s #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, today announced that Dennis Schemm has resigned as Senior Vice President and Chief Financial Officer (CFO) to accept a position in a southern region state closer to family.<\/p>\n<p>\n\u201cWe appreciate the contributions that Dennis has made during his tenure with us. Dennis has been a valuable member of our executive leadership team, and we wish him the best with his future endeavors,\u201d said Bryan Fairbanks, President and Chief Executive Officer (CEO).<\/p>\n<p>\nMr. Schemm will continue to serve as CFO until June 9, 2023, at which time the CFO responsibilities at Trex will be assumed on an interim basis by Bryan Fairbanks. Mr. Fairbanks served as CFO from August 2015 until being named CEO and a member of the Board in April 2020.<\/p>\n<p>\nThe company has begun the search to identify the next CFO.<\/p>\n<p><b>About Trex Company<\/b><\/p>\n<p>\nFor more than 30 years, Trex Company [NYSE: TREX] has invented, reinvented and defined the composite decking category. Today, the Company is the world\u2019s #1 brand of sustainably made, wood-alternative decking and deck railing \u2013 all proudly manufactured in the U.S.A. \u2013 and a leader in high performance, low-maintenance, eco-friendly outdoor living products. Trex boasts the industry\u2019s strongest distribution network with products sold through more than 6,700 retail outlets across six continents. Through strategic licensing agreements, the Company offers a comprehensive outdoor living portfolio that includes deck drainage, flashing tapes, LED lighting, outdoor kitchen components, pergolas, spiral stairs, fencing, lattice, cornhole and outdoor furniture \u2013 all marketed under the Trex<sup>\u00ae<\/sup> brand. Based in Winchester, Va., Trex is proud to have been named 2023 America\u2019s Most Trusted<sup>\u00ae<\/sup> Decking Brand and one of 2022\u2019s 50 Best U.S. Manufacturers by Industry Week. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.trex.com%2F%3Futm_source%3Dglobenewswire%26utm_medium%3Dreferral%26utm_campaign%3Drelease&amp;esheet=53406452&amp;newsitemid=20230524005712&amp;lan=en-US&amp;anchor=trex.com&amp;index=1&amp;md5=9ffeccaf6a6098a7621d2035ca08d792\">trex.com<\/a>. You also can follow Trex on LinkedIn (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftrex-company%2F&amp;esheet=53406452&amp;newsitemid=20230524005712&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftrex-company%2F&amp;index=2&amp;md5=44c3075a9e38fe470f1dd9fbd28e14ca\">https:\/\/www.linkedin.com\/company\/trex-company\/<\/a>), Twitter (@Trex_Company), Instagram (@trexcompany), Pinterest (trexcompany) or Houzz (trexcompany-inc), \u201clike\u201d Trex on Facebook (@TrexCompany) or view product and demonstration videos on the brand\u2019s YouTube channel (TheTrexCo).<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230524005712r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230524005712\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230524005712\/en\/<\/a><\/span><\/p>\n<p>\nLynn Morgen\/Viktoriia Nakhla<br \/>\n<br \/>ADVIS<b>IR<\/b>Y Partners<br \/>\n<br \/>212-750-5800<\/p>\n<p><b>KEYWORDS:<\/b> United States North America District of Columbia Virginia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Residential Building &amp; Real Estate Other Retail Manufacturing Construction &amp; Property Landscape Building Systems Other Manufacturing Retail Home Goods Other Construction &amp; Property Chemicals\/Plastics<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230524005712\/en\/553939\/3\/TREX0406_Logo_Resize_L1rd_10_2016.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Trex Company Announces Departure of Chief Financial Officer WINCHESTER, Va.&#8211;(BUSINESS WIRE)&#8211; Trex Company, Inc. (NYSE:TREX), the world\u2019s #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, today announced that Dennis Schemm has resigned as Senior Vice President and Chief Financial Officer (CFO) to accept a position in a southern region state closer to family. \u201cWe appreciate the contributions that Dennis has made during his tenure with us. Dennis has been a valuable member of our executive leadership team, and we wish him the best with his future endeavors,\u201d said Bryan Fairbanks, President and Chief Executive Officer (CEO). Mr. Schemm will continue to serve as CFO until June 9, 2023, at which time the CFO responsibilities &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trex-company-announces-departure-of-chief-financial-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Trex Company Announces Departure of Chief Financial Officer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760345","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trex Company Announces Departure of Chief Financial Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trex-company-announces-departure-of-chief-financial-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trex Company Announces Departure of Chief Financial Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Trex Company Announces Departure of Chief Financial Officer WINCHESTER, Va.&#8211;(BUSINESS WIRE)&#8211; Trex Company, Inc. (NYSE:TREX), the world\u2019s #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, today announced that Dennis Schemm has resigned as Senior Vice President and Chief Financial Officer (CFO) to accept a position in a southern region state closer to family. \u201cWe appreciate the contributions that Dennis has made during his tenure with us. Dennis has been a valuable member of our executive leadership team, and we wish him the best with his future endeavors,\u201d said Bryan Fairbanks, President and Chief Executive Officer (CEO). Mr. Schemm will continue to serve as CFO until June 9, 2023, at which time the CFO responsibilities &hellip; Continue reading &quot;Trex Company Announces Departure of Chief Financial Officer&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/trex-company-announces-departure-of-chief-financial-officer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-24T20:23:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230524005712r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trex-company-announces-departure-of-chief-financial-officer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trex-company-announces-departure-of-chief-financial-officer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Trex Company Announces Departure of Chief Financial Officer\",\"datePublished\":\"2023-05-24T20:23:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trex-company-announces-departure-of-chief-financial-officer\\\/\"},\"wordCount\":418,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trex-company-announces-departure-of-chief-financial-officer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230524005712r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trex-company-announces-departure-of-chief-financial-officer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trex-company-announces-departure-of-chief-financial-officer\\\/\",\"name\":\"Trex Company Announces Departure of Chief Financial Officer - 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