Atrium Co., a leading maker of vinyl and aluminum windows and patio doors in North America, said Monday that President and CEO Gregory Faherty had retired. He was replaced by Kevin O’Meara, currently Atrium’s chairman and an operating partner at Golden Gate Capital. San Francisco-based Golden Gate has a majority stake in Atrium.
DALLAS, Jun 28, 2010 (BUSINESS WIRE) — Atrium Companies, Inc. (www.atrium.com), the largest manufacturer of vinyl and aluminum windows and patio doors in North America, today announced the retirement of Gregory T. Faherty, Atrium’s President and Chief Executive Officer. Kevin O’Meara, currently Atrium’s Chairman and an Operating Partner at Golden Gate Capital, Atrium’s majority shareholder, will assume the Chief Executive Officer position.
Rajeev Amara, Managing Director at Golden Gate Capital, commented, “Kevin brings an impressive track record in the building materials business and has the necessary vision required to positively lead the company forward. Under Kevin’s leadership, the board is extremely confident of Atrium’s continued growth and success.”
Mr. O’Meara stated, “I am very pleased to be able to work with our outstanding management team and the more than 4,000 dedicated employees who have worked hard to make Atrium the leader in our business. We are clearly focused on delivering value-added products of the highest quality to our customers while providing excellent service to the marketplace.”
Prior to Golden Gate, Mr. O’Meara was the President and Chief Operating Officer of Builders FirstSource, Inc. /quotes/comstock/15*!bldr/quotes/nls/bldr (BLDR 2.91, +0.02, +0.81%) , a manufacturer and distributor of structural building materials which he co-founded in 1997 and built to a revenue peak of $2.4 billion. Prior to Builders FirstSource, Mr. O’Meara was Vice President, Strategic Planning and Business Development at building materials manufacturer Fibreboard Corporation and, prior thereto, he was a strategy consultant at Bain & Company. Mr. O’Meara, a C.P.A., holds an M.B.A. from Harvard Business School and a B.A. in Economics and a B.B.A. in Accounting from Southern Methodist University.
In praising Atrium’s outgoing CEO, Jeffrey L. Kenner, President of Kenner & Company, Inc., a significant Atrium shareholder since 2003, remarked, “Greg joined Atrium at a difficult time for the company. His strong and steady leadership guided the company through a recession and a corporate restructuring, and has positioned Atrium for future success. The entire Atrium family extends the very best wishes to Greg and his wife Pat for a well earned retirement.”
About Atrium Companies, Inc. — For more than 50 years, Atrium Companies, Inc. has offered the highest quality window and door products to meet the demands of builders, contractors and distributors in the residential construction industry. Dedicated to meeting the needs of its customers, the Atrium family of brands provides a versatile range of window and patio door products, including vinyl and aluminum models, as well as replacement and new construction product lines. A variety of window styles are also available through the Atrium family including single and double-hung, horizontal slider, casement, tilt-and-turn and architectural shapes. Specialty products range from hurricane impact solutions with Atrium’s Safe Harbor(R) impact-resistant windows, patio doors and hurricane window shutters, to innovative soundproofing Silent Guard(TM) Sound Suppression Windows. The company’s portfolio of brands includes its flagship Atrium Windows and Doors brand, Superior Windows, Thermal Industries, Danvid Door and Window, HR Windows, Champion Window, Darby Door and North Star Vinyl Windows and Doors.