leadership
confidence high
sentiment neutral
materiality 0.65
Trex CFO Brenda Lovcik resigns; CEO Bryan Fairbanks to serve as interim CFO
TREX CO INC
- Brenda Lovcik resigns as CFO to relocate to Minnesota; will remain through Aug 5, 2025.
- CEO Bryan Fairbanks, who served as CFO from 2015-2020, will assume interim CFO duties.
- Departure is not due to any disagreement with the company.
- Trex reaffirms FY2025 guidance: revenue growth of 5%-7%, Adjusted EBITDA margin >31%.
- Q2 2025 revenue guidance reiterated at $370M-$380M; company has begun CFO search.
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