Quanex Building Products has appointed Scott Zuehlke as its new CFO. He became the interim CFO in June 2019 after previous CFO Brent Korb was let go.
Quanex has a market cap of $635 million and is based in the Galleria area. The company designs and produces energy-efficient windows and doors fenestration products in addition to kitchen and bath cabinet components.
Mr Zuehlke has been with the company since 2016. Prior to that, he was VP, Investor Relations at Halcon Resources. The company had been conducting an executive search but elected to promote from within instead. Mr Zuehlke will receive a base salary of $330,000.
The company also appointed Mark Livingston as its new Chief Accounting Officer. He joined the company in February 2019, having previously served as the CAO of Omega Protein Corporation until it was taken private in December 2017.
Quanex also made similar moves with its General Counsel. It promoted Paul Cornett from the Deputy Counsel role and terminated the employment of Kevin Delaney who had been in the role since 2005. Mr Delaney will get a severance of $562,500 (representing 18 months’ of salary) and a pro-rata bonus for 2019.