Trex announces leadership transition

Trex Co. Inc., a Winchester, Virginia-based recycled-content decking manufacturer, has announced that Trex President and CEO Bryan H. Fairbanks will retire after 23 years with the company, effective April 28.

The company’s board of directors has appointed Trex Executive Vice President and Chief Operating Officer (COO) Adam D. Zambanini as the next president and CEO and as a member of the board. Following the transition period, Fairbanks will serve as an outside consultant to the company.

“After a nearly 23-year career at Trex, including the past six years as CEO, now is the right time to transition leadership to Adam as part of our succession plan,” Fairbanks says. “I have had the opportunity to work with the best talent in our industry and lead our iconic Trex brand that has shaped the decking industry and delivered above market returns for our investors. Having worked closely with Adam for two decades, I have been impressed with his leadership capabilities and his drive for performance. I take pride in what we have built and move on with confidence in Trex’s future.”

Zambanini has more than 20 years of experience at Trex. Over the course of his tenure, he has held multiple leadership positions, including president of residential products and vice president of marketing. The company says he has been instrumental in driving Trex’s market growth, product development and operational execution. He has served as executive vice president and COO since Oct. 25, 2023.

“It is an honor to succeed Bryan, someone who has made an impact on me and so many across Trex,” Zambanini says. “As I assume the role as the company’s next CEO, I am energized by the opportunity to partner with our dynamic leaders and continue to drive growth and shareholder value. Trex is the undisputed leader in wood-alternative decking and railing, and I am confident that Trex will continue to win in our markets and categories, while building on our strong financial profile.”

James Cline, chairman of the company’s board of directors, says Fairbanks has invested to enhance the company’s future position, showing resilience in a challenging industry environment.

“Bryan has made an immeasurable mark on the organization and embodies Trex’s core qualities—vision, innovation and discipline,” says James Cline, chairman of the Trex board of directors. “In determining a successor, the board undertook a comprehensive evaluation process, including assessing both internal and external candidates, and Adam was the clear and most capable successor to Bryan. He is a strong leader and brand-builder and his knowledge of Trex’s business, product roadmap, markets and people is unmatched. Adam has been a true partner to Bryan in developing our strategic initiatives and product innovation, which will be an important advantage as he steps into his new role.”