Mark Fedorcik Joins Standard Industries as New Chief Financial Officer

Standard Industries Welcomes Mark Fedorcik as CFO

In a recent announcement, Standard Industries, a privately-held global industrial powerhouse, has appointed Mark Fedorcik as its new Chief Financial Officer (CFO). This strategic decision comes as a part of the company’s ongoing evolution and commitment to excellence in financial stewardship and strategic growth. Effective April 1, 2025, Fedorcik will assume the role, succeeding John Maitner, who will be retiring after nearly 25 years of outstanding service.

Transitioning Leadership

Fedorcik’s move to this pivotal position marks a significant step for Standard Industries, as he brings a wealth of experience from his previous role at Deutsche Bank. There, he served as Co-Head of the Global Investment Bank and Global Head of Origination Advisory, managing operations across Europe, Asia Pacific, and the Americas. His extensive 30-year tenure included numerous leadership positions that reflect his deep understanding of capital markets and corporate finance.

Co-CEOs David Millstone and David Winter expressed their gratitude towards Maitner for his exceptional contributions to the firm. They noted that under Maitner’s leadership, Standard has significantly broadened its portfolio, entering new sectors and geographical markets while launching innovative products. The co-CEOs emphasized the importance of Fedorcik’s appointment, stating, “Mark's expertise will further strengthen our foundation as we push towards investing in innovative solutions.”

Acknowledging Retiring Leadership

Maitner has had a transformative impact on Standard Industries, playing a crucial role in its growth and diversification during his tenure. His leadership was characterized by diligent financial management and strategic acquisitions that have positioned Standard as a leader in roofing and waterproofing. As he prepares for retirement, he highlighted the privilege of working alongside such talented teams and expressed enthusiasm for the future of the company.

“I consider it a highlight of my career to have led the financial functions at Standard and its various operating companies,” stated Maitner. He plans to work closely with Fedorcik until the end of 2025 to ensure a smooth transition.

Looking Ahead with Fedorcik

Fedorcik shared his thoughts on the new role, emphasizing the unique intersection of industrialism and technology that defines Standard Industries. He stated, “I am both excited and honored to be named as the next CFO. I look forward to collaborating with the world-class teams at Standard to continue this strong trajectory and unlock new opportunities.” His vision aligns with the company’s commitment to innovate and enhance customer experiences across its diverse range of businesses.

As Standard Industries looks ahead, the appointment of Fedorcik represents not just a change in leadership but a reaffirmation of its strategic commitment to growth and transformation in the industrial sector. With a robust portfolio that includes companies like GAF, BMI, and GAF Energy, Standard’s evolution under Fedorcik’s financial guidance promises to bolster its market presence and operational efficiency.

In conclusion, the leadership transition at Standard Industries signals a pivotal moment as the company continues to thrive in a competitive market. Under the new CFO's expertise and insights, the organization is poised to embrace future challenges and captivate new opportunities in the industrial landscape. For more information about Standard Industries and their latest initiatives, visit standardindustries.com.