Dennis Schemm has been named Chief Financial Officer of Continental Building Products, effective May 11, 2015.
“We are excited to welcome Dennis to our leadership team,” stated Jay Bachmann, Continental’s CEO. “He has a proven history of experience with more than 20 years in finance, including 16 years in senior management roles at publicly traded industrial companies. His extensive and broad leadership capabilities will be instrumental to supporting our efforts as we further strengthen our low-cost position and generate additional cash flow as our end markets improve.”
Mr. Schemm most recently served from 2013 to 2015 as Vice President of Global Finance for Armstrong Flooring, a division of Armstrong Worldwide, where he oversaw the division’s financial and accounting functions. Prior to this role, from 2011 to 2013, Mr. Schemm served as Director of Global Financial Planning & Analysis at Gilbarco Veeder Root, a Danaher Corporation, where he was responsible for operational and strategic planning and provided financial leadership for global operations and R&D. From 1999 to 2011, Mr. Schemm served in various financial capacities including Corporate Controller and Finance Director across various divisions of Monsanto Company, where he gained broad experience in internal controls, SEC reporting, corporate finance, treasury and investor relations. Mr. Schemm started his career at Bell Atlantic and Price Waterhouse Coopers. He holds B.S. degrees in Accounting and Computer Science from Penn State University and an MBA from Carnegie Mellon University.
“Continental’s operations and long-term strategy are an excellent match for my background and I am delighted to join the team,” Mr. Schemm said. “The Company has made impressive strides to establish itself as a leader in the wallboard industry, and I look forward to helping capitalize on the significant value-generating opportunities ahead.”