Associated Materials appoints new CFO
Associated Materials, the Cuyahoga Falls, Ohio-based distributor of exterior building products, has appointed Paul Morrisroe as senior VP, chief financial officer and secretary. He will replace CFO Stephen Graham.
Prior to joining Associated Materials, Morrisroe held various management positions within the Barnes Group. Over the course of 15 years, he served as VP finance, precision components from April 2011 to February 2012; VP internal audit from February 2009 to March 2011; Barnes industrial group controller from 2005 to 2008; Barnes aerospace group controller from 2000 to 2004; and director of accounting and planning from 1997 to 2000.
Associated Materials is a vertically integrated manufacturer and distributor of exterior residential building products in the United States and Canada. The company’s portfolio includes vinyl windows, vinyl siding, aluminum trim coil and aluminum and steel siding and accessories, which are produced at the company's 11 manufacturing facilities.
Associated Materials also sells complementary products that are manufactured by third parties, such as roofing materials, insulation, exterior doors, vinyl siding in a shake and scallop design and installation equipment and tools that are primarily distributed through its company-operated supply centers. The company's products are sold primarily through its extensive dual-distribution network, consisting of 121 company-operated supply centers, through which it sells directly to its contractor customers, and the company's direct sales channel, through which it sells to approximately 250 independent distributors and dealers, who then sell to their customers.
Based outside of Akron, Ohio, Associated Materials experienced substantial growth last year, opening new centers in Austin, Texas; Toledo, Ohio; Aurora, Ill.; and Evansville, Ind.