AZZ Inc. has announced significant corporate governance changes, including the appointment of two new board members and a change in the position of the board chairman. Aaron Schapper and Charles "Chuck" Treadway, aged 52 and 60 respectively, will join the board of directors, effective April 8, 2026. Both individuals bring extensive experience from notable companies. Schapper currently serves as president, chief executive officer, and a member of the board of directors of Myers Industries Inc., while Treadway holds the same positions at Vistance Networks, Inc.
Moreover, Dan Feehan has retired from his position as chairman of AZZ's board of directors and has been succeeded by Dan Berce. Feehan will continue to serve as a board member and as a member of the compensation committee and nominating and corporate governance committee until the expiration of his current term in July 2026.
With the appointments of Schapper and Treadway and Feehan's announcement of retirement, the company's board will now be comprised of eight members, with seven being independent. Additionally, the board has seen the addition of four new members within the last five years.
AZZ's new chairman, Dan Berce, expressed gratitude for Feehan's 26 years of exemplary service, including seven years as chairman. Berce also expressed enthusiasm about the new appointments, highlighting the diverse backgrounds and significant experience that Schapper and Treadway bring, including expertise in strategic revenue growth, M&A, and ESG. Their appointments are part of the company's ongoing board refreshment initiatives and are the result of a comprehensive search conducted by the board with the assistance of a leading independent search firm.
These changes represent a pivotal moment in AZZ's corporate governance landscape and signal the company's commitment to ensuring a diverse and experienced board of directors to steer the company in the years to come. Following these announcements, the company's shares moved 0.11%, and are now trading at a price of $123.35. For the full picture, make sure to review AZZ INC's 8-K report.
