AZZ Inc. (NYSE: AZZ) has announced a change in its leadership, with Chief Financial Officer Philip Schlom set to retire from the company upon the completion of his current agreement on November 4, 2024. Mr. Jason Crawford, Senior Vice President * Finance of AZZ Precoat Metals, will succeed him as the new Chief Financial Officer of AZZ Inc.
Mr. Schlom, during his four years with the company, has been instrumental in strengthening the accounting, finance, compliance, controls, and audit functions, playing a crucial role in the successful strategic transformation of the company.
Jason Crawford, the incoming CFO, brings with him a wealth of experience, with twelve years of collective experience with Precoat Metals and parent Sequa Corporation, previously owned by global investment firm Carlyle. He has over 20 years of progressive experience in senior-level accounting and finance leadership positions, with demonstrated success in mergers and acquisitions.
Prior to his current role, Mr. Crawford held various leadership positions within finance at Boston Scientific and CTS Corporation, showcasing a strong track record of accomplishments in the field. He holds a Master of Business Administration degree from Washington University Olin Business School and a Bachelor of Arts in Accounting from University Abertay, Dundee, Scotland.
AZZ Inc. is the leading independent provider of hot-dip galvanizing and coil coating solutions to a broad range of end-markets, offering sustainable metal coating solutions that enhance the longevity and appearance of essential buildings, products, and infrastructure.
The transition in the CFO position signifies a strategic move for AZZ Inc., ensuring continuity in leadership and leveraging the wealth of experience and expertise that Mr. Crawford brings to the role. As a result of these announcements, the company's shares have moved -0.1% on the market, and are now trading at a price of $76.48. For more information, read the company's full 8-K submission here.
