Trex Company Welcomes New Chief Information Officer to Leadership Team

18.11.24 16:11 Uhr

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Trex Company, Inc. (NYSE:TREX), the world’s largest manufacturer of wood-alternative decking and railing and a leader in high-performance, low-maintenance outdoor living products, announced that Dr. Anand Kangala, has joined Trex as its new Vice President and Chief Information Officer effective today. As a member of the Trex leadership team, Dr. Kangala will lead global IT functions and enterprise technology strategy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118130372/en/

Dr. Anand Kangala, Vice President and Chief Information Officer, Trex Company, Inc. (Photo: Business Wire)

Dr. Anand Kangala, Vice President and Chief Information Officer, Trex Company, Inc. (Photo: Business Wire)

"As a high growth company, we are committed to optimizing manufacturing and business processes through digital solutions and data-driven decision-making,” said Brenda Lovcik, Senior Vice President & Chief Financial Officer. "In Anand, we have found someone who not only shares our vision for innovation and transformation, but someone with a proven track record of building teams and fostering strong linkage between technology solutions and business objectives.”

"I'm thrilled to join a company I admire for its circularity and sustainability vision to enhance people's lives," said Dr. Kangala. "Trex's relentless commitment to innovation and continuous improvement has made it the market leader for over three decades and provides a strong foundation for digital transformation and leveraging emerging technologies. I look forward to partnering with an executive team with deep industry and innovation experience and contributing to the company's mission and growth."

"Trex is investing in our technology infrastructure as we continue to find better ways to serve our customers and meet increasing consumer demands,” continued Lovcik. "Anand is inheriting a dynamic team that will benefit from his experience as they execute on the digital enhancements that will fuel our growth for years to come.”

Most recently, Dr. Kangala served as Senior Director at Home Depot, where he launched a Transformation Management Office and led the digital strategy to build the foundation for interconnected retail vision through advanced technology and data-driven insights. Before Home Depot, he held various leadership roles in business and technology transformation at Edward Jones, Carter's Inc., Cato Corporation, and IBM. He has a Doctorate in Business Administration from the University of North Carolina at Charlotte and a Master of Business Administration from East Carolina University.

About Trex Company, Inc.

For more than 30 years, Trex Company [NYSE: TREX] has invented, reinvented and defined the composite decking category. Today, the Company is the world’s #1 brand of sustainably made, wood-alternative decking and deck railing, and a leader in high performance, low-maintenance outdoor living products. The undisputed global leader, Trex boasts the industry’s 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 – all marketed under the Trex® brand. Based in Winchester, Va., Trex is proud to have been named America’s Most Trusted® Outdoor Decking** four years in a row (2021-2024). The Company was also recently included on Barron’s list of the 100 Most Sustainable U.S. Companies 2024, named one of America’s Most Responsible Companies 2024 by Newsweek and ranked as one of the 100 Best ESG Companies for 2023 by Investor’s Business Daily. For more information, visit Trex.com. You may also follow Trex on Facebook (trexcompany), Instagram (trexcompany), X (Trex_Company), LinkedIn (trex-company), TikTok (trexcompany), Pinterest (trexcompany) and Houzz (trex-company-inc), or view product and demonstration videos on the brand’s YouTube channel (TheTrexCo).

**Trex received the highest numerical score in the proprietary Lifestory Research 2021-2024 America’s Most Trusted® Outdoor Decking studies. Study results are based on experiences and perceptions of people surveyed. Your experiences may vary. Visit www.lifestoryresearch.com.

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Analysen zu Trex Co. Inc.

DatumRatingAnalyst
30.04.2019Trex NeutralB. Riley FBR
31.07.2018Trex HoldStifel, Nicolaus & Co., Inc.
22.02.2018Trex HoldStifel, Nicolaus & Co., Inc.
03.01.2018Trex BuyB. Riley FBR, Inc.
08.12.2017Trex HoldStifel, Nicolaus & Co., Inc.
DatumRatingAnalyst
31.07.2018Trex HoldStifel, Nicolaus & Co., Inc.
22.02.2018Trex HoldStifel, Nicolaus & Co., Inc.
03.01.2018Trex BuyB. Riley FBR, Inc.
08.12.2017Trex HoldStifel, Nicolaus & Co., Inc.
01.06.2017Trex BuySeaport Global Securities
DatumRatingAnalyst
30.04.2019Trex NeutralB. Riley FBR
31.10.2017Trex NeutralFBR & Co.
01.08.2017Trex Mkt PerformFBR & Co.
28.02.2017Trex Mkt PerformFBR & Co.
17.01.2017Trex NeutralWedbush Morgan Securities Inc.
DatumRatingAnalyst
23.06.2005Update Trex Co. Inc.: UnderweightBB&T Capital Markets

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