Honeywell Exec to Become Apogee’s New CEO
Minneapolis-based Apogee Enterprises, Inc., announced Monday that Joseph F. Puishys will be the company's next CEO and president.
Puishys, 53, will succeed current CEO Russ Huffer, who announced in January that he planned to retire as soon as a replacement was found. Puishys will begin his new role on August 22.
Apogee provides glass and metal solutions for enclosing commercial buildings and framing art. Huffer joined the company 25 years ago and took the helm in 1998. A year later, in 1999, he became Apogee's chairman-but he stepped down from that role in January when he announced his planned retirement.
Puishys, meanwhile, brings with him 32 years in the manufacturing sector. Since 2008, he has served as president of Honeywell's environmental and combustion controls division-a $3 billion business. Prior to that, he held top leadership positions at Honeywell's building solutions business and two other companies that were later acquired by Honeywell.
“Russ Huffer leaves behind a legacy of growth and innovation with Apogee. We thank Russ for his leadership and many years of service, and are pleased to welcome Joe. He is an accomplished leader who brings vast experience and a track record of improving and growing businesses,” Bernard P. Aldrich, chairman of Apogee's board, said in a statement. “As the economy recovers, Joe is the ideal executive to lead the Apogee team to capitalize on the future growth opportunities that we see.”
According to Apogee, Puishys will focus on “leveraging Apogee's existing and new energy-efficient products for new construction and renovation, improving margins through productivity enhancements, and growing the company's international architectural glass business.”
Puishys, who will also join Apogee's board of directors, is eager to take command of the 4,600-employee company.
“I look forward to putting my commercial building and manufacturing background to work to lead Apogee,” Puishys said in a statement. “I am excited about the growth opportunities to expand into new geographies and targeted sectors to better serve the needs of our markets.”
Puishys received his bachelor's degree in accounting and finance from Bryant University and his master's degree in business administration from Providence College-both of which are located in Rhode Island.
Apogee is Minnesota's 39th-largest public company based on revenue, which totaled $696.7 million for the fiscal year that ended in February 2010. The company reported $582.8 million in its most recently completed fiscal year, representing a 16 percent decrease.