Carlisle Companies Incorporated announced, among other key executive changes, that Kevin P. Zdimal has been named VP and CFO, effective March 1, 2022, reporting to Chairman, President and CEO Chris Koch. Zdimal will succeed Robert M. Roche, who is stepping down from the company as part of a planned transition after serving as VP and CFO since Feb. 15, 2017.
Zdimal has held several leadership positions at Carlisle starting in 1995. He has served as VP of Corporate Development since 2016. Before this, Zdimal held the roles of VP and chief accounting officer, treasurer, financial analyst and internal auditor at the Carlisle corporate office. Zdimal has also served as GM, VP of Finance and Administration and controller at Carlisle Interconnect Technologies. Before joining Carlisle, Zdimal worked for three years in the audit and tax departments at Coopers and Lybrand.
“Bob, Kevin and I have worked closely in shaping and advancing our M&A strategy while adhering to Carlisle’s rigorous returns-focused capital deployment philosophy,” said Koch. “Kevin has more than 25 years of experience in key finance and operations roles, and deep familiarity with the financial dynamics of businesses serving industrial and commercial markets with innovative, high-specification engineered solutions. He will continue to be a significant contributor to accelerating Carlisle’s growth, furthering our financial and operational discipline, and advancing our strategic priorities.”
Roche successfully led Carlisle’s global finance organization, setting the finance strategy and structure supporting the company’s growth and expansion of Carlisle’s talent and capabilities in the M&A, Finance, Legal, and Investor Relations functions.
“It’s been a pleasure to have worked with Bob over the last five years,” said Koch. “Bob was instrumental in providing able counsel in my first years as CEO as we collectively embarked on our Vision 2025 journey, and he helped us create a new foundation in capital allocation. He has strengthened our global finance team’s talent, systems, and processes, enhancing the solid financial foundation of Carlisle. I will miss both Bob’s pragmatism and commitment to creating value for all of our stakeholders. All of us on the management team are fortunate to have developed friendships with Bob during his tenure at Carlisle and we wish him good health and success in the future.”
Carlisle also announced that Kelly Kamienski, VP and controller of the company, has been promoted to VP and chief accounting officer, reporting to Zdimal.
Kamienski joined Carlisle in 2016 as director of Technical Accounting, Financial Reporting and Controls. Before joining Carlisle, she held a variety of finance and accounting leadership roles at Freeport-McMoRan Inc. and KPMG, LLP.
“I am pleased to announce Kelly’s promotion to Chief Accounting Officer. With her extensive background in accounting and financial management, Kelly has driven significant process improvements and enhancements in both financial reporting and controls across Carlisle,” said Koch. “Core to Vision 2025 is our dedication to investing in and developing exceptional talent, and Kelly reflects exactly that.”
New Segment Structure
Carlisle also announced that it has realigned its construction materials businesses into two segments organized around its products and applications for the sustainable Building Envelope.
Carlisle Construction Materials is a leading manufacturer and supplier of a complete line of premium single-ply roofing systems primarily for commercial end markets, and engineered metal roofing and panel systems. This segment is comprised of Commercial Roofing, Architectural Metals and CCM Europe.
Carlisle Weatherproofing Technologies is a leading provider of high-performance waterproofing and moisture protection products, protective roofing underlayments, integrated air/vapor barriers, spray polyurethane foam and coating systems, block-molded expanded polystyrene insulation for the Building Envelope. This segment is comprised of Henry Company, Carlisle Coatings & Waterproofing, Carlisle Polyurethane Systems and Diversified Products.
In support of this new segment structure, Carlisle announced key management appointments, effective immediately.
Nick Shears will maintain overall responsibility for both segments as group president. Steve Schwar, Frank Ready and Georg Harrasser, president of CCM Europe, will continue to report to Shears.
Schwar has been named president of Carlisle Construction Materials. Schwar has been with CCM for over 30 years in various leadership, management, sales, product marketing, support and technical roles. Most recently, Schwar served as SVP of sales and marketing of CCM, responsible for teams managing Commercial Roofing, Carlisle Architectural Metals, Carlisle Polyurethane Systems, and Diversified Products business lines.
Ready has been named president of Carlisle Weatherproofing Technologies. Ready came to Carlisle through the acquisition of Henry Company in September 2021, serving as president and CEO of Henry since 2014.
Before Henry Company, Ready was EVP of Armstrong Worldwide and CEO of Armstrong Floor Products Worldwide, serving at Armstrong for 30 years in a variety of senior leadership roles throughout his career.
“I am very pleased to announce our new segment structure which will better enable us to focus on our key markets and leverage our scale, while we continue our emphasis on innovation and delivering the best-in-class Carlisle Experience," Koch said. "I’m also excited to have two very accomplished leaders to head our focused construction materials segments as we enter our next phase of expansion in the Building Envelope, broadening our offerings of energy-efficient solutions and driving sustainable value creation for all of our stakeholders. As CCM has grown significantly and more complex from its single-ply roofing roots, it is imperative we continue to develop the depth of our knowledge and talent pool to drive our achievement of Vision 2025 and beyond.”
Carlisle’s new segment structure for its construction materials businesses will be reflected in the Company’s quarterly and full-year 2022 financial results. No changes have been made to either of Carlisle’s other two segments—Carlisle Interconnect Technologies or Carlisle Fluid Technologies. In the coming weeks, Carlisle intends to issue an investor supplement disclosing selected historical data and updated market commentary reflecting the company’s new segment structure."