STEVE ANDREWS NAMED AS CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF DAVIS-STANDARD

Davis-Standard, a portfolio company of Gamut Capital Management, is pleased to announce the  appointment of Steve Andrews as its Chairman and Chief Executive Officer. Mr. Andrews has been  serving as the Executive Chairman of Davis-Standard’s board since early 2024 and brings a wealth of  leadership experience and a track record of driving operational and commercial excellence. 

Jordan Zaken, Founding Partner of Gamut Capital Management, expressed his confidence in Mr.  Andrews’ ability to lead Davis-Standard through its next phase of growth. “Steve is an excellent leader to  drive our global strategy and ensure the successful integration of our growing and increasingly global  platform,” said Mr. Zaken. “His deep operational expertise, long-tenured managerial track record and  leadership experience will be key to positioning Davis-Standard for continued success and innovation.  Furthermore, we would like to thank Giovanni Spitale, Davis-Standard’s previous CEO, for his years of  dedicated service to the business.” 

Mr. Andrews added: “I am honored to lead Davis-Standard at such a pivotal time for the company. Our  commitment to operational excellence and customer satisfaction will continue to drive our strategy as we  integrate our extrusion platform globally and expand our market reach. After extensive time spent with  the Davis-Standard organization as its Executive Chairman, I am very excited about the growth  prospects and opportunities to unlock further value in the future. I look forward to spending more time  with the Davis-Standard team as well as its highly valued customers and suppliers in the near future.” 

Before joining Davis-Standard, Mr. Andrews served in several prominent leadership roles across a broad  range of industrial end markets and diverse international operating environments. Most recently, he was  the President and CEO of Briggs & Stratton, the world’s largest producer of engines for outdoor power  equipment. Prior to Briggs & Stratton, he held CEO roles at other private equity-backed companies  including International Equipment Solutions and Pettibone Group. Mr. Andrews brings over 30 years of  leadership experience and is well-regarded for his ability to lead complex organizations through strategic  growth and integration initiatives. 

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About Davis-Standard 

Founded in 1848 and headquartered in Chicago, IL, Davis-Standard is a global leader in the design, development, distribution  and aftermarket servicing of extrusion and converting technology. Our systems support manufacturing applications and  customers in a wide variety of industries, including infrastructure, building & construction, consumer products, medical and  packaging. The company delivers world-class engineering and innovation under the Davis-Standard, Maillefer, Battenfeld Cincinnati, Exelliq and Simplas brands, among others. 

With more than 2,600 employees worldwide and a network of independent sales agents and suppliers in nearly every country,  Davis-Standard is committed to engineering systems that are cost-effective, environmentally friendly, and offer a high return on  investment. The company has manufacturing and technical facilities in the United States, Canada, China, Germany, Finland,  Switzerland, Austria, Czech Republic, Italy and the United Kingdom. To learn more, please visit www.davis-standard.com.