Cedar Creek has announced that its Board of Directors has appointed Alex Averitt to succeed D. Wayne Trousdale as the President and CEO of the company, effective September 15, 2017. Additionally, Averitt has also been appointed to the Board.
The promotion of Averitt, who has served as the Chief Operating Officer since 2015, is part of the company’s succession planning process. Trousdale, a founding partner of the company who has served as the CEO since 2015, will be promoted to the role of Executive Chairman of the Board of Directors. Bill Adams is retiring from the non-executive chairman position and will continue to serve on the company’s board.
Averitt joined Cedar Creek in 2005 as a sales manager and has fulfilled various roles for the company. Immediately before serving as COO, he was the Vice President of IT. Prior to working for Cedar Creek, Averitt gained experience as a General Manager of both distribution and manufacturing operations for JELD-WEN Inc.
“We have expanded in the last few years from a regional firm with six locations to a national organization with over 30 locations. Promoting Alex to CEO with full responsibility to manage the company will give me the time to travel around the country meeting with customers, suppliers, and employees to make sure that our entire organization reflects the values that have made Cedar Creek so successful,” Trousdale said.
Source: Cedar Creek