Janus International Group, Inc. (NYSE: JBI) has announced updates to its board of directors. The company, a leading provider of access control technologies and building product solutions for the self-storage, commercial, and industrial sectors, revealed the election of Tony Byerly, Joseph F. Hanna, and Eileen Youds to the board. Additionally, Roger Fradin was elected chairman of the board, and David Doll was appointed as chair of the nominating and corporate governance committee.
The new appointments follow the departures of José E Feliciano and Colin Leonard with Clearlake Capital Group, L.P., who had been directors since 2021. Commenting on the changes, José E. Feliciano, Managing Partner and Co-founder of Clearlake, stated, "Clearlake's original investment thesis six years ago was to partner with Janus's management team and grow the platform by expanding both its product portfolio and end markets served." He further added, "We are proud that, alongside Ramey and his team, we were able to scale the platform and generate value."
Roger Fradin, Janus's chairman, expressed gratitude to Clearlake and the departing directors, stating, "We thank Clearlake and specifically José and Colin for their partnership over the last six years and congratulate them on their exit. We believe Janus will be well served with the new director leadership going forward." Fradin also emphasized the wealth of experience and expertise that the new directors bring to the board, highlighting their potential to contribute to the company's growth and advance its strategic goals.
Ramey Jackson, Janus's Chief Executive Officer, welcomed the new board members, stating, "We are pleased to welcome Tony, Joseph, and Eileen who will further strengthen and diversify our board." He added, "We look forward to leveraging their broad range of knowledge and experience to expand our platform and advance our corporate strategy to combine best-in-class self-storage offerings with new and innovative technologies."
Tony Byerly, one of the newly elected directors, brings over 30 years of senior leadership and security experience, having worked for prominent companies such as Stanley Black and Decker, ADT/Tyco International, and Honeywell Security Monitoring. Joseph F. Hanna, another new director, has been the CEO of McGrath RentCorp, a leading business-to-business rental company, since February 2017. Eileen Youds, the third addition to the board, most recently served as Chief Technology Officer of portfolio companies at Global Infrastructure Partners.
Janus International Group, Inc., operates as a leading global manufacturer and supplier of turn-key self-storage, commercial, and industrial building solutions, with a focus on various products and technologies. The company's strategic direction is aimed at combining self-storage offerings with innovative technologies to solidify its position as a leading provider in its industry.
The company's full 8-K submission is available here.
