Trex Company Appoints Richard E. Posey to Board of Directors
May 11 2009 - 7:35AM
Business Wire
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.
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