Associated Materials names James Drexinger as CEO

James Drexinger Associated Materials
James Drexinger

CUYAHOGA FALLS, Ohio — Associated Materials has announced the appointment of James Drexinger as chief executive officer. Drexinger succeeds Brian Strauss, who has served as president and CEO of Associated Materials since 2014.

Drexinger most recently served as CEO for private equity-backed American Construction Source (ACS), a national building materials distribution platform and manufacturer of value-add products for new residential builders and repair and remodel contractors. Under Drexinger’s stewardship, ACS achieved $1 billion in run-rate revenue at above-market gross margins and EBITDA. The company also underwent significant growth during Drexinger’s tenure, both organically and through multiple, strategic acquisitions.

Prior to his role at ACS, Drexinger served as division president and executive vice president of Stock Building Supply. Drexinger has also held senior executive roles at Wolseley North America, NIBCO and Armstrong World Industries.

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“I am looking forward to leading the Associated Materials team and driving the business forward. As Associated Materials enters its 75th year of operation, there is a unique opportunity to reflect on our success, while at the same time, making significant investment in and renewing key elements of our business and organization to position it for even greater success,” Drexinger said.

“I am extremely proud to have led Associated Materials,” said Strauss. “I know that Jim has had an exceptional career in the building products industry, and I wish him, and the entire Associated Materials team, the best of luck as they continue to move the company forward.”

In March 2022, Associated Materials was acquired by funds managed by Strategic Value Partners, LLC and its affiliates.

David Geenberg, co-head of SVPGlobal’s North American Investment Team, said, “On behalf of the entire Associated Materials organization, I’d like to thank Brian for his dedication and service, as well as his commitment to managing Associated Materials over these past eight years to a great level of success as a business with excellent products and customer loyalty. We are fortunate to have someone with Jim’s skills, vision and deep industry expertise lead Associated Materials during its next phase of growth. We are thrilled to welcome Jim to Associated Materials and look forward to benefiting from his leadership as we invest in bringing the company’s operations, customer experience and employee engagement to new heights in a very bright future for the business.”

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