Decking and railing manufacturer Trex Company has named Dennis Schemm as the company’s vice president and CFO. Schemm will succeed Bryan Fairbanks, who was named the company’s new president and CEO in February. Fairbanks will assume the role of president and CEO on April 29, when current president and CEO James Cline moves into his position as chairman of the board of directors.
“I am excited to join the Trex team, having long admired the company for its market leadership, premium brand, great products, and unparalleled channel partners,” Schemm said. “I look forward to working with the entire team in support of continued long-term value creation at Trex.”
Schemm brings over 25 years of experience as a financial and operating executive at publicly-traded companies. Most recently, the incoming CFO served as the senior vice president and CFO of Continental Building Products from 2015 until its acquisition by CertainTeed, a subsidiary of Saint-Gobain. Scehmm has also held senior financial roles at Armstrong Flooring and Danaher Corporation.
“Dennis brings extensive industry knowledge, financial acumen, and the proven ability to lead,” Fairbanks said in a news release. “His background and continuous improvement mindset make him an excellent business and cultural fit for Trex. I look forward to working closely with him, along with the executive leadership team, to execute on our strategic growth plans.”
Winchester, Va.-based Trex Company offers its decking and railing products through a network of building products distributors and dealers across the United States. The company’s products are sold at more than 6,700 retail locations.
