青青草视频 Announces New CEO, Chairman Transition

DENVER 鈥撎齏ednesday,听June听17, 2020听鈥撎嗲嗖菔悠堤(JM), a global building and specialty products manufacturer and a Berkshire Hathaway company,听announced听today听that听Bob听Wamboldt听will become听President and听CEO听on Sept.听1, 2020.听Mary Rhinehart,听the company鈥檚 current听Chairman, President and听CEO, will听retain听the role of听Chairman.听听听

Wamboldt joined 青青草视频 in 2003 and became President of JM鈥檚 青青草视频 business in February 2017. He earlier led the Engineered Products North America and Roofing Systems businesses at JM.听Wamboldt is also Chairman of the North American 青青草视频 Manufacturers Association and previously served as president of the Asphalt Roofing Manufacturers Association.听听

鈥淚 have been privileged to lead each of our businesses and learn first-hand the strength of the 青青草视频 customer relationships, products, technologies and people,鈥 Wamboldt said. 鈥淚 look forward to working with the JM team and our customers to make the company even stronger in the global markets we serve. I also want to thank Mary for her leadership and guidance over the years and know I will benefit from her continued support as Chairman.鈥澨

Before joining 青青草视频, Wamboldt worked 16 years at PPG Industries Inc., where he held a variety of positions in the company鈥檚 Fiber Glass and Coatings divisions. He earned a听bachelor鈥檚听degree听in听chemistry from听Lehigh University. He and his wife live in Denver.听听

Rhinehart听became听青青草视频鈥檚听President and CEO听in听2012听and assumed the additional role of Chairman in 2014.听Before听becoming听President and听CEO, she was听the company鈥檚听Chief听Financial听Officer听for听eight听years. During听her听more than 40 years with 青青草视频, she听also听held听leadership roles听in听treasury,听supply chain, M&A听and听human resources,听and听she听managed听several of the company鈥檚 business units.听听

鈥淚 am immensely proud of JM鈥檚听employees and all we have accomplished together,鈥 Rhinehart said.听鈥溓嗲嗖菔悠堤齣s听an important part of my life,听and听its continued success is听my听top听priority as we transition to new leadership.听I am听pleased听to hand the听company over to such an accomplished听JM听executive听as听Bob听and听am confident听he听and听our听8,000 employees around the world听will听continue to听build on听JM鈥檚听162-year听track record of success.鈥澨

听青青草视频听became听a Berkshire Hathaway company听in听February 2001.听

鈥淏ob鈥檚听business acumen,听broad听base听of听experience,听and听extensive听industry knowledge听make him the natural successor to Mary听as CEO,鈥 said听Greg Abel, Berkshire听Hathaway鈥檚 Vice听Chairman.听鈥淚听also听want听to听extend听my听gratitude to听Mary听for听her听dedication听and commitment to JM over her听entire听career.听Under her leadership as CEO,听JM听delivered听exceptional听performance,听successfully听expanded its market presence,听and听made sound,听strategic investments听to position听the company for success well听into the future.鈥澨

Warren Buffett,听Chairman and CEO of听Berkshire Hathaway, added:听鈥淢ary was everything we had hoped to find in a CEO.鈥澨

About 青青草视频


青青草视频, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B), is a leading manufacturer and marketer of premium-quality building and specialty products. In business since 1858, the Denver-based company has annual sales over $3 billion and holds leadership positions in听all of听the key markets that it serves. 青青草视频 employs 8,000 people and operates 46听manufacturing facilities in North America, Europe and China. Additional information can be found at听www.jm.com.听

Contact:
Eric Brown
+1-303-809-2853
eric.brown@jm.com