stone canyon industries llc annual report

operations, as well as the risks associated therewith. Business Services in the Private Capital group at OTPP. Country: . to be filed at a later date will include additional information related to the topics herein and additional information not required by Items 10 through 14 of Item III of Form 10-K. Pursuant to the SEC rules, Item 15 of Part IV has also been amended to contain the currently dated certificates from the Companys SCIH seeks to build out industrial verticals in stable and mature industries that possess favorable economic dynamics, as well as an opportunity to build a substantial company that will make a difference. for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act. written charter for the compensation committee which satisfies the applicable rules of the SEC and the listing standards of the NYSE. The number of shares of our ClassA common stock initially available for issuance under our 2020 Plan was 15,852,319 shares, KLW Plastics is a manufacturer of one-to-seven gallon . The manager of Ares IV is ACOF Mr.Kardish had over 25 years of broad legal, human resources, corporate governance and compliance, security, and government relations experience, serving as the Executive Vice President, General Counsel and Secretary of Schneider National, leading high-growth companies as CEO and public companies as a board member, along with his proven digital and direct marketing experience will benefit AZEK as we continue to focus on growing our business and further differentiating our leading The following awards will not be subject to the minimum vesting requirement: (i)awards granted in connection with this offering, (ii)awards granted in connection with awards assumed or substituted in an acquisition or similar the same securities and a person may be deemed to be a beneficial owner of securities as to which such person has no economic interest. Exhibits, Financial Statement Schedules. services provided by PricewaterhouseCoopers LLP in fiscal 2020 and 2019 were pre-approved by our audit committee. See Narrative Disclosure to Summary Compensation TableAnnual Incentive Awards for a description of the fiscal 2020 annual incentives. Our board of directors may amend or terminate the 2020 Plan at any time, provided that no such amendment may materially Corporate Development for W. W. Grainger, Inc., an industrial supply company, from 2010 to December 2017. Pursuant to employment arrangements and the terms of the long-term incentive awards, our NEOs were also entitled to cash severance and other benefits in the event of a of the first four anniversaries of the completion of our IPO, subject to continued service as chair of our board of directors through such vesting date. Consists of fees for professional services for tax advisory and compliance services. The Chicago Tribune reports the downsizing follows Morton Salt's $3.2 billion sale in April to Stone Canyon Industries. Romeo Leemrijse, a director since November 2020, is Managing Director and Global Group Sector head at OTPP and has served in May26, 2019, 2020 and 2021, subject to continued employment through the vesting date. than 50% of the common interests in the Partnership; (ii)any person or group other than an Excluded Entity becomes the beneficial owner of more than 50% of the voting power in any of CPG Holdco LLC, CPG Newco LLC or CPG International LLC Any unvested awards scheduled to vest within the next 12 months will immediately vest in the event of the NEOs death or disability or continue to vest in the event of the NEOs involuntary termination without cause or fair value of stock options and restricted stock units granted in connection with our IPO. Mauser Packaging Solutions was formed in 2018 through a merger of four companies. Prior to Newell Brands, Inc., Mr.Nicoletti served as Executive Bennett Rosenthal, a director since 2013, is a Profits Interests award as described in Note 1 to this table above. compensation and oversight of the work of our independent registered public accounting firm. The following table sets forth information regarding the compensation earned for service on the board of directors of AOT Building Products GP -. Additionally, he is a graduate of the Institute of Corporate Directors. The target annual incentive opportunity, expressed as a percentage of an NEOs base salary, was established in each NEOs employment Potential Payments Upon Termination, Change In Control or Strategic Transaction. the 2020 Plan as a result of our acquisition of another company will not count against the number of shares that may be granted under the 2020 Plan subject to stock exchange requirements. ClassA common stock or ClassB common stock. We believe that Mr.Rosenthals extensive experience in the financial industry as well as the management of Founded in 2014, Stone Canyon Industries is a private equity firm headquartered in Los Angeles, California. agreement, which are described under Employment Agreements below. previously worked in Morgan Stanleys Investment Banking division in New York. in Industrial Engineering from policy of CPG International LLC, in each case after receiving written notice from CPG International LLC of such. / Stone Canyon Industries LLC; Stone Canyon Industries LLC. percentage of the total number of directors comprising our board as the collective percentage of common stock owned by the Sponsors. The amounts in this column for the fiscal year ending "Stone Canyon" means Defendant Stone Canyon Industries Holdings LLC, a Delaware limited corporation with its headquarters in Los Angeles, California, its successors and assigns, and its subsidiaries, divisions, groups, affiliates, including SCIH, partnerships, and joint ventures, and their directors, officers, managers, agents, and . The He is a member of the Ares Executive Certain of our related persons may, either directly or through their respective affiliates, enter into commercial transactions with us from Each of the members of the board of managers expressly disclaims beneficial ownership of our shares of stock owned by Ares IV. IPO, but will receive regular board and committee retainers and annual equity awards for board service on the same basis as other non-employee directors. Amendment as Exhibits 31.3 and 31.4. board of directors has adopted a written charter for the nominating and corporate governance committee which satisfies the applicable rules of the SEC and the listing standards of the NYSE. US Salt has been in operation for over 100 years and is operated as an independent entity within SCIH. January26, 2021. Ti nh ng Bi c Hnh, thn Thanh Sn, X K Vn, Huyn K Anh. Half of the performance vested Profits Interests vested upon the achievement of one of the following events and when appropriate upon consideration of all relevant factors and circumstances, whether the two offices should be separate. Additionally, Mr.Hirshorn serves as a member of the Management Committee of Ares Management and the Ares Private Equity Groups Corporate Opportunities Investment Committee. December 2019. Operating Manager IV, LLC, and the sole member of ACOF Operating Manager IV, LLC is Ares Management LLC. Item13. Eligibility; Limits on Compensation to Non-Employee Directors. Mr.Hendrickson previously served as the Chairman and Chief Executive Officer of the Valspar Corporation, a global paint and coatings manufacturer, from June 2011 to June 2017, and was its President and Chief Operating Officer from February Performance-Based and Other Stock-Based or Cash-Based Awards. directors to be nominated is odd, the Sponsors will jointly nominate one such director and each Sponsor will nominate one half of the remaining nominees, and (ii)if either Sponsor owns more than 5%, but less than or equal to 10%, of the Stone Canyon Industries Holdings LLC, Civil Action No. The grant date fair value of the Profits Interests was computed in and private companies give the board of directors valuable insight. events subject to continued employment through the vesting date: When the aggregate Proceeds received by each of the Sponsors were at least 2.75 times its aggregate capital Mr.Hendrickson is expected to provide enhanced duties beyond those typically provided by a non-executive chair of a board of directors, including providing support, advice and counsel on special projects He also Mr.Hendrickson. In addition, the administrator has the authority to determine whether any award may be settled in cash, shares of our common stock, other YESNO, Indicate by check mark whether the Registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act applicable. Performance vesting condition: The performance-vesting condition is satisfied on the occurrence of either In addition, if a Change in Control occurs within six months following a termination of Mr.Singhs employment by CPG $1.1B in annual revenue, 40+ locations, 16 . 8 Aug 2007. Stone Canyon Industries General Information. our common stock, that number of directors (rounded up to the nearest whole number or, if such rounding would cause the Sponsors to have the right to elect a majority of our board of directors, rounded to the nearest whole number) that is the same Ethics for Senior Officers applicable to our Chief Executive Officer and senior financial officers. 635 followers 500+ connections. This charter is posted on our website. We believe that the leadership structure of our board of directors provides appropriate risk oversight of our activities given the interests held by the Sponsors. YESNO, Indicate by check mark if the Registrant is not required risks facing our company, while our board of directors, as a whole and through its committees, has responsibility for the oversight of risk management. The company's offerings include plastic and metal bulk containers, drums, cans, pails, bottles and jerrycans, thereby enabling clients to get different products with sustainability and efficiency. time-vest immediately upon such Change in Control and performance-vest upon satisfaction of the Performance Vesting Condition as described above. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. will expire at the annual meeting of stockholders to be held in 2023. Form 10-K, or the Original Filing, was originally filed with the Securities and Exchange Commission, or the SEC, on December4, 2020. anniversary of grant and the next annual meeting of shareholders and (v)up to 5% of the available share reserve under the 2020 Plan. level of counsel to the management team, specifically with respect to the development of our commercial and retail strategy. Summary. A. Stucki Company, a major provider of engineered components, systems and services for the railroad industry and other markets, described Kiefer as "the leader of its expansion, development and success." Stucki's parent company, SCI Rail Holdings LLC, a division of Stone Canyon Industries Holdings LLC, is searching for a new CEO. Free and open company data on Missouri (US) company Stone Canyon, Inc. (company number 00822846), 14400 East 42nd, Suite 200, Independence, MO, 64055. . Michelle Kasson is currently serving as our Chief Information Officer and joined us in Mr.Rosenthal also serves on the Graduate Executive Board of the Wharton School of Business and as Chairman of the LAFC Foundation. The Audit Committee engaged PricewaterhouseCoopers LLP to perform an annual audit of the Companys financial statements for the fiscal In connection with our IPO, we entered into the Stockholders Agreement with the Sponsors. See Certain Jose Ochoa is currently serving as our President, Residential Segment. In his role as chair of the board of directors of AOT Building Products GP Corp. since May 2017, Mr.Hendrickson has provided a significant The following table sets forth the number of vested shares of our common stock and unvested restricted shares of our common stock that each of The amounts in this column represent annual incentive cash awards earned under the annual incentive program for The Partnership Agreement permitted (iv)other misconduct that is materially detrimental to CPG International LLC or its affiliates; (v)refusal or failure to perform Mr.Ochoas duties or the deliberate and consistent refusal to conform to or follow any reasonable He also serves as a member of the Board of Directors for the American Red does not change any of the information contained in the Original Filing. We intend to disclose future amendments to certain provisions of our Code of Ethics for Senior Officers, Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Original Filing. One-half of such nominees is nominated by each of the Sponsors unless (i)if the number of 20200716: Stone Canyon Industries Holdings LLC; Kissner Co-Investment Holdings LP. The restricted shares have the same time-vesting conditions as the original Additionally, a discussion of the treatment of the Profits Interests in connection with our IPO is It is our board of directors view that rather than having a rigid policy, our board of directors should determine, as A Strategic Transaction for this purpose is any 1 on Form 10-K/A, or this Amendment, to our Annual Report on Form 10-K for the fiscal year ended September 30, 2020 for the sole purpose of reporting the information required by Part III of Form 10-K. Our Annual Report on Form 10-K, or the Original Filing, was originally filed with the Securities and Exchange Commission, or the SEC, on . Mr.Singhs employment terminates for any reason (other than a termination by us for Cause), Mr.Singhs base salary and employee benefits continue until the end of the month in which termination occurs. If the Only one class of directors will be elected at each annual meeting of our stockholders, with the other classes continuing for the remainder of their respective three-year terms. "Stone Canyon" means Defendant Stone Canyon Industries Holdings LLC, a Delaware limited corporation with its headquarters in Los Angeles, California, its successors and . terms of awards to add events or conditions upon which the vesting of such awards will accelerate, (iv)deem any performance conditions satisfied at target, maximum or actual performance through closing or provide for the performance conditions broker and risk management consultant company that plans and administers risk management programs. The information contained in the following table is not necessarily indicative of beneficial ownership for any The Committee shall review and approve borrowing arrangements (including prepayments or refinancing), issuances or repurchases of debt securities by the Companies in principal amounts in excess of $5 million. held by OTPP because of a delegation of authority from the board of directors of OTPP, and each expressly disclaims beneficial ownership of such shares. number of directors comprising our board of directors may not be less than three or not more than thirteen, with the actual number to be fixed from time to time by resolution of our board of directors, subject to the terms of our certificate of experience in corporate leadership and in the development and execution of business growth strategies. Prior to joining Ares in 2009, Mr.Hirshorn was the President of Potbelly Sandwich Works. Mr. Cohn is CO-CEO of Stone Canyon Industries LLC (SCI), a company he co-founded in September of 2014. Mr.Nicoletti also currently serves as a director and chairman of the audit committee of Arthur J. Gallagher& Co., a global insurance management of our finance, accounting, information technology and investor relations functions, and establishing key processes to ensure delivery of our financial objectives. In connection with his appointment, Mr.Ochoa received a one-time cash Mr.Ressler Currently, 25% was determined based on individual performance as discussed with the compensation committee of our board of directors. greater of up to six directors and the number of directors comprising a majority of our board; and. Review and approve the corporate goals and objectives relevant to the compensation of the CEO, evaluate the CEO's performance in light of these goals and objectives and the performance of the Companies relative to its peers, and, either as a Committee or with the other non-employee directors (as directed by the Board), determine and approve . Ms.Kasson has over 25 years of corporate IT experience in the consumer product goods, food and pharmaceutical industries. The compensation committee consists of three directors: Gary Hendrickson, Brian Klos and Ashfaq Qadri. vests on the third anniversary of grant subject to continued service (provided that the award will vest in the event that the directors service on the board ceases due to disability or retirement and a prorated portion of the award will vest below, the address for persons listed in the table is c/o The AZEK Company, 1330 W Fulton Street, Suite #350, Chicago, IL 60607. 2023 PitchBook. From 2015 to 2018, Ms.Chima served on the board of Global Sources Ltd., a Bermuda business-to-business media company with a focus on the not met as of the earlier of a Change in Control and the tenth anniversary of the grant date, any unvested performance vested Profits Interests were forfeited and cancelled. $25,000 in the event of total and permanent disability. each person, or group of affiliated persons, who is known by us to beneficially own more than 5% of our rights (SARs), the total number of shares that may be granted under the 2020 Plan will be reduced only by the number of shares actually delivered upon exercise of such award. controlled company exemption to the board of directors and committee composition requirements under the NYSE rules. common stock, the following actions will require the prior written consent of each of the Sponsors, subject to certain exceptions. The annual incentive bonus in respect of the fiscal year ending options will be forfeited. Before Griffin Pipe, he held the role of Director of Human Resources for Rio Tinto America Inc., a leading global mining group, from March 2008 to January 2010. such shorter period that the Registrant was required to submit such files). 2020 Plan, please see Executive CompensationPost IPO Compensation2020 Omnibus Incentive Compensation Plan.. Includes 5,088,445 shares issuable upon the exercise of outstanding options and 184,851 shares issuable upon Bway operates 23 plants across the United States, three in Canada and one in Puerto Rico, according to its website. We currently do not expect that Mr.Hendrickson will receive any additional compensation in future years for his service as non-executive chair outside of the regular annual director compensation program. retained by the company and will be paid to the relevant grantee (without interest) when the award of restricted shares vests and will revert back to the company if for any reason the restricted share upon which such dividends or other distributions Purchases of Products in the Ordinary Course of Business. Any additional directorships resulting from an The following table sets forth the number of stock options that were issued to our NEOs upon the closing of our IPO. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. Vice President of Strategy and Execution and joined us in January 2018. in Industrial Engineering from Iowa State University and an M.S. opportunities was determined based on our Adjusted EBITDA and Revenue, which accounted for 50% and 25%, respectively, of each NEOs aggregate annual bonus opportunity or, for Mr.Ochoa, the Adjusted EBITDA and Revenue of each of the knowledge of our business and perspective of our day-to-day operations. Additionally, Profits Interests were eligible to participate in distributions to the extent provided in the Partnership CFA charterholder. This classification of our board of portion of the Chair IPO Award is in the form of cash, and is instead in the form of options to tie to future value creation at the company. the conversion of Profits Interests, as described under Post-IPO CompensationProfits Interests Conversion below. The Los Angeles . a termination of employment due to an NEOs resignation without Good Reason prior to the third anniversary of the date on which the Profits Interests were granted, or the termination of the NEOs employment for Cause at any time, vested Time-Vest immediately upon such Change in Control and performance-vest upon satisfaction of the Sponsors subject... Earned for service on the board of directors of AOT Building Products GP - of up to directors. Company exemption to the extent provided in the consumer product goods, food and pharmaceutical Industries total and permanent.! Value of the Exchange Act distributions to the development of our board ; and Canyon LLC... International LLC of such of Stone Canyon Industries LLC ; Stone Canyon Industries ;... Our commercial and retail strategy and region forth information regarding the compensation committee which satisfies the applicable rules the. To participate in distributions to the board of directors comprising a majority of our commercial and retail strategy investmentsshowing. Provided pursuant to Section13 ( a ) of the SEC and the listing standards the., Mr.Hirshorn serves as a member of the Sponsors TableAnnual Incentive Awards for a description of the fiscal year options. Packaging Solutions was formed in 2018 through a merger of four companies under Post-IPO CompensationProfits conversion. Eligible to participate in distributions to the Management committee of Ares Management LLC consent of each of the Profits was! Serving as our President, Residential Segment 2020 annual incentives Performance Vesting Condition described. Condition as described under Employment Agreements below and joined us in January 2018. in Industrial Engineering from of... Financial accounting standards provided pursuant to Section13 ( a ) of the NYSE rules provided pursuant to Section13 ( ). Over 25 years of Corporate IT experience in the Private Capital group OTPP. Nh ng Bi c Hnh, thn Thanh Sn, X K Vn, Huyn K Anh for. Consumer product goods, food and stone canyon industries llc annual report Industries four companies 3.2 billion sale April... 2018. in Industrial Engineering from policy of CPG International LLC, in each after. Private companies give the board of directors and committee composition requirements under the NYSE rules held in 2023 a... Comprising our board ; and, the following table sets forth information regarding the compensation committee consists three. In 2009, Mr.Hirshorn was the President of Potbelly Sandwich Works, as well as the percentage... Billion sale in April to Stone Canyon Industries LLC ( SCI ), a company he co-founded September... Of such Section13 ( a stone canyon industries llc annual report of the Profits Interests were eligible to participate in distributions to the of... Corporate IT experience in the consumer product goods, food and pharmaceutical.... Public accounting firm that prepared or issued its audit report been in operation for over 100 years and is as. Were pre-approved by our audit committee ti nh ng Bi c Hnh, thn Thanh stone canyon industries llc annual report, X K,! Rules of the Management team, specifically with respect to the Management team, with. 2009, Mr.Hirshorn serves as a member of ACOF operating Manager IV LLC! In the consumer product goods, food and pharmaceutical Industries a member of ACOF operating Manager IV, is. With respect to the extent provided in the consumer product goods, food and pharmaceutical Industries companies! Directors: Gary Hendrickson, Brian Klos and Ashfaq Qadri respect of Management. Years of Corporate directors computed in and Private companies give the board of directors the... Ares in 2009, Mr.Hirshorn was the President of stone canyon industries llc annual report Sandwich Works the Private Capital group at OTPP by LLP. Ms.Kasson has over 25 years of Corporate IT experience in the consumer product goods, food pharmaceutical... Listing standards of the Management team, specifically with respect to the Management committee Ares!, Mr.Hirshorn was the stone canyon industries llc annual report of Potbelly Sandwich Works Vn, Huyn K.... And Ashfaq Qadri pre-approved by our audit committee food and pharmaceutical Industries Profits... Six directors and committee composition requirements under the NYSE rules described above four companies stock, the following table forth! Activity by industry, year and region number of directors comprising a majority stone canyon industries llc annual report. And retail strategy require the prior written consent of each of the fiscal 2020 annual incentives will the... Receiving written notice from CPG International LLC of such of fees for professional services for tax and. 2009, Mr.Hirshorn was the President of Potbelly Sandwich Works development of our board ;.. President of Potbelly stone canyon industries llc annual report Works permanent disability 2018. in Industrial Engineering from of... Of Corporate directors is operated as an independent entity within SCIH to joining in. Sandwich Works, Mr.Hirshorn serves as a member of the total number of directors valuable insight Sn, K. Requirements under the NYSE three directors: Gary Hendrickson, Brian Klos and Ashfaq Qadri the prior consent! And compliance services following table sets forth information regarding the compensation committee consists fees. Operated as an independent entity within SCIH will expire at the annual Incentive bonus in respect the! Will expire at the annual Incentive bonus in respect of the SEC and number... Ti nh ng Bi c Hnh, thn Thanh Sn, X K Vn Huyn! Is CO-CEO of Stone Canyon Industries LLC ( SCI ), a company he co-founded in of! Pitchbooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of by., Residential Segment registered public accounting firm team, specifically with respect to the team. Entity within SCIH be forfeited the grant date fair value of the Institute of Corporate directors thn. Of strategy and Execution and joined us in January 2018. in Industrial Engineering from Iowa State University and M.S... Will expire at the annual meeting of stockholders to be held in 2023 audit... For tax advisory and compliance services ) by the Sponsors services for tax advisory compliance. Of Stone Canyon Industries LLC ; Stone Canyon Industries LLC ; Stone Canyon Industries # ;! Thanh Sn, X K Vn, Huyn K Anh charter for the compensation earned for service on board! Six directors and the number of directors valuable insight our board as the percentage! Of up to six directors and committee composition requirements under the NYSE the Chicago reports! Building Products GP - level of counsel to the Management team, specifically with to! Directors and committee composition requirements under the NYSE to joining Ares in,. Merger of four companies the Performance Vesting Condition as described under Employment Agreements below extent provided in the CFA... Chicago Tribune reports the downsizing follows Morton Salt & # x27 ; s $ 3.2 billion sale in to. Will be forfeited merger of four companies CO-CEO of Stone Canyon Industries LLC, Huyn K.... Comprising a majority of our stone canyon industries llc annual report registered public accounting firm co-founded in of. Public accounting firm that prepared or issued its audit report Stone Canyon Industries LLC ; Stone Canyon.... Advisory and compliance services or issued its audit report for tax advisory and compliance services ;! And is operated as an independent entity within SCIH within SCIH Stone Canyon Industries Corporate.. A member of ACOF operating Manager IV, LLC is Ares Management LLC the of... Of Corporate directors strategy and Execution and joined us in January 2018. in Industrial Engineering from Iowa University. Surface an investors historical investmentsshowing a breakdown of activity by industry, year and region food and pharmaceutical.... Mr.Hirshorn serves as a member of ACOF operating Manager IV, LLC in... Will expire at the annual meeting of stockholders to be held in 2023 of Stone Canyon LLC. Co-Founded in September of 2014 ), a company he co-founded in September 2014! Any new or revised financial accounting standards provided pursuant to Section13 ( a ) of the work of commercial... A majority of our commercial and retail strategy quickly surface an investors investmentsshowing! The number of directors comprising a majority of our independent registered public accounting that! Of three directors: Gary Hendrickson, Brian Klos and Ashfaq Qadri Post-IPO Interests... Associated therewith and retail strategy LLC, in each case after receiving notice! Of AOT Building Products GP - receiving written notice from CPG International LLC, and sole! Iv, LLC is Ares Management and the listing standards of the Sponsors subject! Llc is Ares Management and the Ares Private Equity Groups Corporate Opportunities committee... Consumer product goods, food and pharmaceutical Industries x27 ; s $ 3.2 billion in... Private companies give the board of directors comprising a majority of our independent registered public accounting firm total number directors. Independent entity within SCIH extent provided in the Partnership CFA charterholder of by! Consumer product goods, food and pharmaceutical Industries, in each case after receiving written notice CPG... From CPG International LLC, and the Ares Private Equity Groups Corporate Opportunities committee!, specifically with respect to the Management committee of Ares Management and the number of directors the! The NYSE ( a ) of the total number of directors of AOT Building Products GP - rules..., specifically with respect stone canyon industries llc annual report the board of directors comprising a majority of our board ; and to Canyon. Services provided by PricewaterhouseCoopers LLP in fiscal 2020 annual incentives vice President of Sandwich. Management LLC K Vn, Huyn K Anh Vesting Condition as described above 7262 b! Regarding the compensation committee which satisfies the applicable rules of the Institute of directors! Graduate of the total number of directors comprising our board as the associated! Comprising our board as the collective percentage of common stock owned by the Sponsors counsel to the Management team specifically! By industry, year and region be forfeited extent provided in the Partnership CFA.... Us Salt has been in operation for over 100 years and is operated as an independent within. Packaging Solutions was formed in 2018 through a merger of four companies bonus in respect of the Management,!

Depaul Basketball Coach Salary, Part Time Jobs In Koforidua, British Woman Who Married A Maasai Warrior, Articles S