Gibraltar
Industries (NASDAQ: ROCK), a leading manufacturer and distributor of
building products for residential, industrial and infrastructure
markets, today announced the appointment of Frank Heard as President and
Chief Operating Officer effective immediately.
Mr. Heard, age 55, joins Gibraltar with more than 25 years of experience
in the building products industry. Most recently he was President, ITW
Building Components Group, a division of Illinois Tool Works Inc., a
Fortune 200 global diversified industrial manufacturer. As President of
ITW Building Components Group he had global responsibility for the
strategic direction and operational performance for 25 businesses in 18
country markets across a wide range of industry segments including
residential & commercial construction, retail and component
manufacturing.
“Frank Heard is a senior executive with strong cross-enterprise
leadership skills and a proven record of success in the building
products industry,” said Gibraltar Chairman and Chief Executive Officer
Brian Lipke. “Frank’s previous experience with Illinois Tool Works’
construction products businesses and his metric driven operational focus
will further help Gibraltar achieve its stated short and long term
financial objectives. He also brings us a track record of financial
success combined with new innovative technologies, diverse brand and
channel skills, and a range of acquisition and divestiture experiences.”
“I look forward to serving Gibraltar in this critical leadership
position at this pivotal time in the company’s history,” said Heard.
“After reinventing itself strategically and operationally Gibraltar is
now positioned for accelerated profitable growth. I look forward to
working with Gibraltar’s worldwide employee team to build on this
momentum and deliver greater shareholder value in the years ahead.”
Mr. Heard has a background in Mechanical Engineering and a MBA from the
Richard Ivey School of Business at The University of Western Ontario.
Mr. Heard will be based at the Gibraltar corporate office in Buffalo,
New York.
About Gibraltar
Gibraltar Industries is a leading
manufacturer and distributor of building products, focused on
residential and low-rise commercial building markets, as well as
industrial and transportation infrastructure markets. The company
generates more than 80% of its sales from products that hold leading
positions in their markets, and serves customers across North
America and Europe. Gibraltar’s strategy is to grow organically by
expanding its product portfolio and penetration of existing customer
accounts, while broadening its market and geographic coverage through
the acquisition of companies with leadership positions in adjacent
product categories. Comprehensive information about Gibraltar can be
found on its website at http://www.gibraltar1.com.
Copyright Business Wire 2014