Standard Industries has announced the appointment of Mark Fedorcik as Chief Financial Officer (CFO).
Fedorcik joins Standard Industries from Deutsche Bank, where he most recently served as Co-Head of the Global Investment Bank and Global Head of Origination and advisory while also being a member of the Group Management Committee. Over 30 years at Deutsche Bank, Fedorcik held several senior positions, including Co-President of the Corporate and Investment Bank in the Americas, Co-Head of Corporate Finance, and Head of Debt Capital Markets.
Millstone and Winter praised Maitner’s contributions during his tenure, saying:
“Since John joined the Standard ecosystem, we have acquired new companies, entered new industries, launched new products, and expanded into new geographies. We are immeasurably grateful to John for his trusted leadership and exceptional financial stewardship, and we wish him all the best in his well-deserved retirement.”
The co-CEOs also welcomed Fedorcik, highlighting his financial expertise and strategic vision:
“Mark’s expertise in financial strategy, capital planning, and capital markets will strengthen our foundation as we invest in innovative solutions to transform industries, enhance customer experiences, and drive growth. We have known and worked with Mark for many years and are excited to welcome him to our team.”
In his statement, Fedorcik expressed enthusiasm about his new role:
“Standard’s businesses sit at the intersection of industrialism and technology, and I am both excited and honored to be named the next CFO. I look forward to working alongside the world-class Standard and operating companies’ teams to continue the strong trajectory and unlock new opportunities.”
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Reflecting on his career, Maitner called his time at Standard a professional highlight:
“It has been the highlight of my career to lead the financial functions at Standard and GAF. I am privileged to have worked with David, David, and the talented teams across Standard and its businesses. I look forward to seeing everything the team continues to accomplish.”
Under Maitner’s financial leadership, Standard Industries has undergone substantial growth and diversification. Its Standard Building Solutions division now includes GAF, GAF Energy, BMI, Schiedel, SGI, and Siplast, making it the largest roofing and waterproofing business in the world. In 2021, the company expanded further with the launch of Standard Performance Materials, following the acquisition of W.R. Grace, a global leader in refining technologies and specialty chemicals’
