Associated Materials, a vertically-integrated building products company focused on vinyl windows, vinyl cladding, and metal siding and trim, appointed James Drexinger as the company’s new CEO, effective immediately. Drexinger will succeed Brian Strauss, who served as the president and CEO of Associated Materials since 2014.
“I am looking forward to leading the Associated MAterials team and driving the business forward,” Drexinger said in a news release. “As Associated Materials enters its 75th year of operation, there is a unique opportunity to reflect on our success, while at the same time, making significant investment in and renewing key elements of our business and organization to position it for even greater success.”
Drexinger is an experienced senior executive in the building products industry, having most recently served as the CEO for private equity-backed American Construction Source (ACS). ACS, a building materials distributor and value-added products manufacturer, achieved $1 billion in run-rate revenue at above-market gross margins and EBITDA, according to Associated Materials. Prior to serving as the top executive at ACS, Drexinger served as the division president and executive vice president of Stock Building Supply. Drexinger has also held senior executive roles at Wolseley North America, NIBCO, and Armstrong World Industries.
“I am extremely proud to have led Associated Materials,” Strauss said. “I know that Jim has had an exceptional career in the building products industry, and I wish him,and the entire Associated Materials team, the best of luck as they continue to move the company forward.”
Associated Materials was acquired by funds managed by Strategic Value Partners and its affiliates (SVPGlobal) in March 2022.
“On behalf of the entire Associated Materials organization, I’d like to thank Brian for his dedication and service, as well as his commitment to managing Associated Materials over these past eight years to a great level of success as a business with excellent products and customer loyalty,” David Geenberg, co-head of SVPGlobal’s North American investment team, said. “We are fortunate to have someone with Jim’s skills, vision, and deep industry expertise lead Associated Materials during its next phase of growth.”
Associated Materials operates 11 manufacturing facilities in the United States and Canada, which produce vinyl windows, vinyl and composite siding, and accessories and metal building products. The company also operates 126 supply centers across the United States and Canada under the Alside and Gentek brands.
