Euramax Holdings, Inc. Announces Appointment of Director

NORCROSS, Ga., Feb. 05, 2016 (GLOBE NEWSWIRE) -- Euramax Holdings, Inc. ("Euramax" or "the Company") announced the appointment of Dennis Smith to the company’s board of directors. Mr. Smith joins Rick Brown, CEO, along with Timothy Bernlohr, James Bradley, Michael Lundin, Trey Parker, Giacomo Picco, and Jake Tomlin.

“Our board is comprised of individuals who collectively bring diverse skill sets and share an understanding of our strategic directions as we focus on enhancing shareholder value,” said Rick Brown, CEO of Euramax. Mr. Brown continued, “Dennis is a great addition to this group and is committed to the long-term success of our business.”

The Board Members are listed below.

Michael D. Lundin has been a director of Euramax Holdings since July 2009 and became chairman of Euramax Holdings at that time. Mr. Lundin has also served on the audit committee since July 2009. Mr. Lundin was interim president and chief executive officer of Euramax Holdings from November 2013 to February 2014. Mr. Lundin is currently an operations partner in Resilience Capital Partners, a private equity firm focused on investments in companies in special situations. He is also Chairman of North Coast Minerals (an industrial minerals and logistics platform company fund) for Resilience Capital. Previously, Mr. Lundin was president and chief executive officer of the Oglebay Norton Company, a miner, processor, transporter and marketer of industrial minerals and aggregates, from December 2002 until February 2008, and was employed by Oglebay Norton since 2000. Prior to joining Oglebay Norton, Mr. Lundin served as vice president and then president/partner of Michigan Limestone Operations, LP. Mr. Lundin earned a B.S. in Manufacturing Engineering and Product Development from the University of Wisconsin and an M.B.A. from Loyola Marymount University. Mr. Lundin is currently a director of Rand Logistics, Inc. and U.S. Concrete Inc. and, until 2013, was a director of Broder Bros., Co. and Avtron, Inc. He is also on the audit committee for Rand Logistics, Inc. and the compensation committee for U.S. Concrete Inc. Mr. Lundin brings to our board extensive corporate oversight and financial management expertise as well as strategic and financial transactional experience.

Timothy J. Bernlohr has been a director of Euramax Holdings since May 2014. Mr. Bernlohr is the founder and managing member of TJB Management Consulting, LLC, which specializes in providing project-specific consulting services to businesses in transformation, including restructurings, interim executive management and strategic planning services. Mr. Bernlohr founded the consultancy in 2005. Mr. Bernlohr is the former president and chief executive officer of RBX Industries, Inc., which was a nationally recognized leader in the design, manufacture, and marketing of rubber and plastic materials to the automotive, construction, and industrial markets. RBX was sold to multiple buyers in 2004 and 2005. Prior to joining RBX in 1997, Mr. Bernlohr spent 16 years in the International and Industry Products divisions of Armstrong World Industries, where he served in a variety of management positions. Mr. Bernlohr is the chairman of the board of directors of Champion Homes, Inc., The Manischewitz Company, and Contech Engineered Solutions. He also serves as lead director of Chemtura Corporation and as a director of Rock-Tenn Company, Atlas Air Worldwide Holdings, Inc., and Overseas Shipping Group. Within the last five years, he has served as a director and chairman of the compensation committees of Smurfit Stone Container Corporation, Ambassadors International, Inc., WCI Steel, Aventine Renewable Energy, and Cash Store Financial Services, all publically traded companies. Mr. Bernlohr is a graduate of The Pennsylvania State University. Mr. Bernlohr brings to our board extensive corporate oversight and compensation expertise as well as operational and strategic transactional experience.

James G. Bradley, a director of Euramax Holdings since April 2010, worked 40 years in the steel industry and held various operating and technical positions. In 1998, Mr. Bradley became chief executive officer of Wheeling-Pittsburgh, a producer of steel sheet products such as hot rolled, cold rolled, hot dipped galvanized, electro-galvanized, black plate and electrolytic tinplate; he retired in 2006. Mr. Bradley received a B.S. in civil engineering from Carnegie Institute of Technology and a M.B.A. from Indiana University. Mr. Bradley provides our board with significant operations experience in the steel manufacturing industry.

Richard C. Brown was appointed President and Chief Executive Officer of the Company and as a member of the Board of Directors on July 23, 2015. Previously, Mr. Brown served at Sun Capital Partners, Inc., where he was a Managing Director and Partner since 2013 and served as the Board Chairman of multiple businesses including those in chemicals, packaging, automotive, distribution, telecommunications, construction and consumer products segments. He has also provided operational leadership for multiple portfolio companies. Previously, Mr. Brown served as the President and Chief Executive Officer of Performance Fibers, a Sun Capital Partners portfolio company, from 2008 to 2012. Prior to that, he served as the Vice President of WR Grace & Co. and President of Grace Performance Chemicals from 2005 to 2008. Earlier in his career, Mr. Brown led multiple businesses and served in various roles with the General Electric Company for 19 years, including serving as the President and Global Business Unit Leader (GE Advanced Materials), President and General Manager (GE Sealants and Adhesives), Marketing Manager (Consumer and Electronics, GE Plastics), and Manager of Global Accounts (GE Plastics).

Trey B. Parker has been a director of Euramax Holdings since April 2012. Mr. Parker is Partner and Head of Credit at Highland Capital Management, L.P. where he is responsible for managing the Credit Team/Platform. Prior to his current role, Mr. Parker was a Portfolio Manager covering a number of the industrial verticals, as well as parts of tech, media and telecom; he also worked as a Senior Portfolio Analyst on the Distressed & Special Situations investment team. Prior to joining Highland in March 2007, Mr. Parker was a Senior Associate at Hunt Special Situations Group, L.P., a private equity group focused on distressed and special situation investing, where he was responsible for sourcing, executing and monitoring control private equity investments across a variety of industries. Before joining Hunt in 2004, Mr. Parker was an analyst at BMO Merchant Banking, a private equity group affiliated with the Bank of Montreal. While at BMO, he completed a number of LBO and mezzanine investment transactions. Mr. Parker began his career in sales and trading for First Union Securities and Morgan Stanley. He received an MBA with concentrations in finance, strategy and entrepreneurship from the University of Chicago Booth School of Business and a BA in economics and business from the Virginia Military Institute. Mr. Parker is a member of the Board of Directors of Euramax Holdings, Inc., TerreStar Corporation and JHT Holdings, Inc. He also serves on the Board of Directors of the Juvenile Diabetes Research Foundation, representing the Dallas chapter of the global non-profit organization. Mr. Parker provides our board with experience and knowledge in private equity investing, capital markets, and corporate finance.

Giacomo Picco has been a director of Euramax since September 2015. He has also served on the audit committee since December 2015. Mr. Picco serves as a Partner and Senior Analyst at Sound Point Capital Management, LP, a $7.5 billion alternative credit manager. He serves on the Investment Committee for the Sound Point Beacon Fund and Sound Point Credit Opportunities Fund where he focuses on credit opportunities across a diverse range of industries, direct lending and structured products. Prior to joining Sound Point, Mr. Picco was a Senior Analyst and Partner at KS Management Corp, an event-driven hedge fund with assets over $500 million. Prior to becoming a Partner, Mr. Picco served as Co-Head of Research. Prior to KS, Mr. Picco was an Associate at The Carlyle Group, where he worked on leveraged buyout transactions. Prior to Carlyle, he worked at Lazard Freres as a banker in their mergers and acquisitions group. Mr. Picco is a member of the Board of Directors of Euramax Holdings, Inc and Nelson Education, Ltd. He serves on the audit committee of Euramax Holdings, Inc and Nelson Education, Ltd. He also serves as a director at the EB Research Partnership. He holds an M.B.A. degree from Harvard Business School and a B.A. degree from Columbia University. Mr. Picco provides our board with experience and knowledge in private equity investing, capital markets, and corporate finance.

Dennis Smith became a member of the Board of Directors, effective January 5, 2016. Mr. Smith served as the chairman, president and chief executive officer of Milacron LLC, a manufacturer of plastic molding equipment, molder/mold maker support products and metal working fluid from 2009 to 2012. Previous positions include service as the president, chief executive officer and director of Magnatrax Corporation, a provider of custom-engineered metal building systems; and as president of Service Experts, Inc., an HVAC equipment sales, service, and installation subsidiary of Lennox International. Mr. Smith is a graduate of Pennsylvania State University and has an MBA with distinction from the Wharton School, University of Pennsylvania.

Jake Tomlin has been a director of Euramax Holdings since April 2014. Mr. Tomlin has been a Managing Director at Highland Capital Management, L.P. since 2006. Prior to his current role at Highland, Mr. Tomlin served as a Director and Senior Portfolio Analyst covering Paper & Packaging, Building Materials and Environmental Services on Highland’s Distressed & Special Situations investment team. Prior to joining Highland, Mr. Tomlin worked as a Senior Consultant for PricewaterhouseCoopers. He received an MBA degree with distinction from the Kenan-Flagler Business School at the University of North Carolina and graduated with high honors from the Georgia Institute of Technology with a B.S. in Industrial Engineering. Mr. Tomlin provides our board with experience and knowledge in financial analysis and finance.

Forward Looking Statements

Certain statements contained in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements related to plans for future business development activities, anticipated costs of revenues, product mix, research and development and selling, general and administrative activities, and liquidity and capital needs and resources. When used in this report, the words “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” and similar expressions are generally intended to identify forward-looking statements. You should not place undue reliance on these forward-looking statements, which only speak as of the date of this press release. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements.

Contact John Blount, Senior Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary Phone: 678-728-9654 Email: jblount@euramax.com

Source:Euramax International, Inc.