AZZ Inc.
Fort Worth-based AZZ Inc. (NYSE: AZZ) announced on Tuesday that CFO Philip Schlom will retire in November.
Jason Crawford, senior vice president of finance, will transition into the role, the company said.
“During his four years with the company, Philip strengthened the accounting, finance, compliance, controls, and audit functions and was integral to the successful strategic transformation of the company,” said Tom Ferguson, CEO, in a statement. “While his retirement is not imminent, his work ethic and passion for the company and its people will be hard to replace. I truly appreciate his advance notice that will ensure a smooth and well-planned transition.”
Schlom has held the position since May 2020 when he was appointed on an interim basis. The move was made permanent in November of that year. Schlom joined the company in October 2019 as vice president/chief accounting officer.
AZZ Inc. is a leading independent provider of hot-dip galvanizing and coil coating solutions to a broad range of end-markets.
Crawford's tenure with Precoat Metals/Sequa Corporation, which AZZ acquired in 2022, included the roles of senior vice president of finance (2020-22) and senior vice president of finance Precoat Metals (2012-20).
He also served in numerous leadership roles within finance at Boston Scientific (2006-12), according to the company. Crawford also held various accounting and leadership roles at CTS Corporation from 1995-2006.
Crawford has an MBA from Washington University Olin Business School, and a bachelor’s in accounting from Abertay University Dundee in Scotland.
“We are fortunate to have talented leadership and significant bench strength,” Ferguson said. “AZZ strives to promote a 'next person up' culture to ensure continuity in many of our key positions. [Crawford’s] strong track record of accomplishments includes 12 years' collective experience with Precoat Metals and parent Sequa Corporation, a $2 billion company previously owned by global investment firm Carlyle.
“Jason has more than 20 years of progressive experience in senior level accounting and finance leadership positions and a demonstrated track record of success on mergers and acquisitions. He has broad expertise in both domestic and international companies across a wide variety of industries.”