American Woodmark Corporation announced M. Scott Culbreth as President and CEO of the company. Culbreth, who had been American Woodmark's Senior Vice President and CFO, succeeds S. Cary Dunston, who has retired and resigned from the board.
Paul Joachimczyk, Vice President of Financial Planning and Analysis, replaces Culbreth as Vice President and CFO. Vance W. Tang, former Lead Independent Director, has been elected non-executive Chairman of the Board of Directors.
The moves come after an internal investigation found that R. Perry Campbell, Senior Vice President, Sales and Commercial Operations, had exhibited behavior that violated the company's policies and values. Campbell has been separated from his position. His separation was not related to American Woodmark's operational or financial performance.
Prior to joining American Woodmark, Culbreth served as CFO for Piedmont Hardware Brands. He has also worked for Shell Oil Company, Robert Bosch Corporation and Newell Brands in a wide range of financial roles with increasing responsibility.
Before joining American Woodmark, Joachimczyk served as Vice President of Finance and Corporate Controller at TopBuild Corporation. He has held a number of financial leadership positions with Stanley Black & Decker and General Electric, and he started his career with Ernst and Young, LLP.
American Woodmark Corporation manufactures and distributes kitchen, bath and home organization products for the remodeling and new home construction markets.
