Fox Factory Holding Corp. Welcomes New Chief Financial Officer
Cycle News Staff | May 31, 2023
Fox Factory Holding Corp. announced that it will appoint Dennis Schemm to the role of Chief Financial Officer effective June 12, 2023.
This is a press release from Fox Factory Holding Corp…
Duluth, GA (May 29, 2023) – Fox Factory Holding Corp. (NASDAQ: FOXF) (“FOX” or the “Company”) announced that it will appoint Dennis Schemm to the role of Chief Financial Officer effective June 12, 2023. Mr. Schemm will succeed Interim CFO, Maggie Torres, who will retire upon his arrival.
“I’m excited to add Dennis to my leadership team. His wealth of experience driving strategic organizational transformation will be a critical asset as we continue our exponential growth journey. Dennis’ success working across functions to drive profitable results coupled with his commitment to exemplify the values we uphold as a company will also be a catalyst for sustained stellar performance,” commented Mike Dennison, Chief Executive Officer. “On behalf of the entire team, I would also like to thank Maggie for all of her contributions over her nine years with the Company and recently as Interim CFO, sacrificing the start of her retirement. Her leadership and presence will be greatly missed.”
Mr. Schemm has more than 25 years of experience in finance, with a deep skill set that includes financial risk management, controllership, global financial planning and analysis, treasury, audit, capital allocation strategies, and mergers and acquisitions. Prior to joining the Company, Mr. Schemm served as the Senior Vice President and Chief Financial Officer at Trex for the last three years and was the Senior Vice President, Chief Financial Officer and Commercial Lead, Joint Compound Division at Continental Building Products from 2015-2020.