American Standard CEO Jay Gould Appointed to LIXIL Corporation Board of
PISCATAWAY, N.J., June 19, 2014
PISCATAWAY, N.J., June 19, 2014 /PRNewswire/ -- Plumbing manufacturer American
Standard Brands announced that President and CEO Jay Gould has been appointed
to the Board of Directors of LIXIL Corporation, the parent company of American
Standard. The appointment was confirmed at the June gathering of LIXIL's
Ordinary General Meeting of Shareholders.
Jay Gould, president and CEO of American Standard Brands, has been appointed
to the Board of Directors of LIXIL Corporation, the largest housing and
building materials company in Japan.
Gould joined American Standard Brands in January 2012. Over the course of the
next 18 months, Gould executed a plan that quadrupled the company's EBITA,
grew sales by 10 percent and improved gross margins by 700 basis points. Prior
to American Standard, Gould was president of the Home and Family Group of
Newell Rubbermaid, taking an innovative, consumer-driven approach to building
demand, significantly increasing revenues for the Company's Levolor,
Calphalon, Rubbermaid and Graco brands throughout the economic downturn.
Preceding Newell Rubbermaid, Gould held senior executive roles at the Campbell
Soup Company, the Coca-Cola Company and General Mills, Inc.
Led by President and CEO Yoshiaki Fujimori, LIXIL Group Corporation (TSE Code
5938) is a listed holding company posting 1.4 trillion JPY in consolidated
sales in FY March 2013. The Group engages in a broad spectrum of housing
businesses, ranging from the manufacture and sales of building materials and
housing equipment to the operation of home centers and a network of
homebuilding franchises. The largest housing and building materials company in
Japan with a vast and unique business portfolio, it is a leader in eight
market categories, with a 55 percent share in exteriors, 50 percent share in
housing sashes and doors, 50 percent share in curtain walls and 40 percent
share in sanitary wares. LIXIL is also a leading brand in tiles, washstand
cabinet units, and bathroom and kitchen units.
For more information about American Standard Brands, visit
ABOUT AMERICAN STANDARD BRANDS
American Standard Brands make life healthier, safer and more beautiful at
home, at work, in the community and throughout the world. Offering total
project solutions for residential and commercial customers around the world
with respected brands such as American Standard^®, DXV^™, Safety Tubs^®, Crane
Plumbing^®, Eljer^®, Fiat^® and Decorative Panels International^®. American
Standard Brands is owned by LIXIL Corporation (TSE Code 5938), a global
building products company. Learn more at www.americanstandard.com, or follow
us at twitter.com/AmStandard,
Photo - http://photos.prnewswire.com/prnh/20140619/119544
SOURCE American Standard Brands
Contact: Nora DePalma, O'Reilly DePalma for American Standard, (770) 772-4726,
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