Trex Company, Inc. has appointed Irene Tasi as a new independent member of its board of directors. Tasi brings over 25 years of leadership experience across the global industrial and building product sectors, with expertise in strategic development and transformation. Tasi currently serves as the Chief Transformation Officer at PPG, a global manufacturer and distributor of paints, coatings, and specialty products.
During her tenure at PPG, Tasi has served as the Senior Vice President of Global Industrial Coatings and as the company’s first Chief Growth Officer, with responsibility for enterprise strategy, M&A, and digital transformation. Prior to joining PPG, Tasi spent over 20 years at Masco, a leading manufacturer of home improvement and building products, where she held various senior leadership roles.
The board's Chairman, James Cline, stated that Tasi's extensive background in the building products and materials sectors will further strengthen the company's industry insights. This appointment is part of the director refreshment program and underscores the board’s commitment to supporting Trex’s long-term growth objectives.
Trex's President and CEO, Bryan Fairbanks, expressed confidence in Tasi's ability to leverage technology and digital capabilities to enhance operational efficiency, commercial excellence, and customer experience. Tasi's proven track record of strategic execution and driving sustained, profitable growth is expected to be significant assets to Trex as the company looks to capitalize on its industry’s long-term growth opportunities.
It was also disclosed that Ronald Kaplan, a director since 2008, intends to retire from the board and will not stand for re-election at the company’s 2026 annual meeting of shareholders. Following Tasi’s appointment, the Trex board will temporarily comprise eleven directors, ten of whom are independent, and will be reduced to ten directors following the annual meeting.
Trex Company, Inc. has been named America’s most trusted outdoor decking for the past 6 years and has a place on Barron’s list of the 100 most sustainable U.S. companies for 2024 and 2025. It was also named one of America’s most responsible companies by Newsweek, ranked as one of the 100 best ESG companies by Investor’s Business Daily, and named the sustainable brand leader in the decking category by Green Builder Media for the 15th consecutive year. Today the company's shares have moved 1.51% to a price of $43.73. Check out the company's full 8-K submission here.
