Skip to Content Facebook Feature Image

Atkore Announces CFO and CAO Transition

News

Atkore Announces CFO and CAO Transition
News

News

Atkore Announces CFO and CAO Transition

2024-07-24 05:05 Last Updated At:05:10

HARVEY, Ill.--(BUSINESS WIRE)--Jul 23, 2024--

Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that David Johnson has submitted his resignation as Vice President, Chief Financial Officer and Chief Accounting Officer, effective close of business on August 9, 2024, to pursue a career opportunity outside of the electrical industry. The Company has appointed John Deitzer as its Vice President and Chief Financial Officer and James Alvey as its Chief Accounting Officer upon Mr. Johnson’s departure.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240723963858/en/

"On behalf of Atkore, I thank David for his numerous contributions during the past six years," said Bill Waltz, Atkore President and Chief Executive Officer. "Under his leadership, Atkore has created a balanced capital deployment model enabling acquisitions, internal investments, stock repurchases and quarterly dividends. Adhering to this disciplined financial management in combination with our standard organizational leadership succession planning will certainly provide for a smooth transition of responsibilities. David will be missed as both a colleague and Atkore teammate, and we wish him the best.”

“I’m proud to have been a part of Atkore’s accomplishments over the years,” said David Johnson. "Atkore is positioned for long-term success with a strong team, strategic vision and continuous improvement processes. The difficult decision to leave Atkore for a career advancement opportunity was made easier, in part, knowing John and James possess the skills and qualifications to quickly assume these roles.”

Mr. Deitzer is a finance executive with more than 19 years’ experience in investor relations, treasury, and corporate strategy. Most recently at Atkore, Mr. Deitzer was Vice President of Finance – Electrical business unit. He joined the Company in 2019, serving as Vice President of Investor Relations and then quickly adding oversight of Environment, Social and Governance initiatives as well as the Treasury responsibilities. Prior to that, Mr. Deitzer spent four years at Alcoa Corporation in Investor Relations and Management Consulting & Strategy roles. Mr. Deitzer also earned experience as Segment Manager and Global Account Manager at PPG Industries, with responsibilities for growing the company’s overall leadership position in the aluminum extrusion coatings business. He also held investor relations and corporate strategy roles during his tenure at H.J. Heinz Company. Mr. Deitzer started his management career at PPG Industries overseeing global sales for one of the top accounts in the Industrial Coatings business. Mr. Deitzer received a Master of Business Administration in Finance and Strategy from Carnegie Mellon University, Tepper School of Business, and a Bachelor of Science in Chemical Engineering from Case Western Reserve University.

Mr. Alvey has been with the Company for four years, most recently as Corporate Controller. In addition to his new responsibilities as Chief Accounting Officer, Mr. Alvey will continue overseeing corporate accounting and external reporting, internal controls and policies to ensure compliance with statutory requirements, as well as Accounting Shared Services that centralizes accounting for leases, fixed assets, rebates, payroll, cash, and enterprise-wide account reconciliation monitoring. Prior to joining the Company, Mr. Alvey spent more than 10 years at Ernst & Young as Audit Senior Manager, serving both private and public companies across transportation, retail, oil & gas, and manufacturing industries. Mr. Alvey was a Staff Sergeant in the United States Army, where he was honorably discharged with a Bronze Star Medal. Mr. Alvey earned both a Master of Science in Accounting and a Bachelor of Science in Business Administration (Accounting) from Oklahoma State University, Spears School of Business.

About Atkore Inc.

Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications. With 5,600 employees and $3.5B in sales in fiscal year 2023, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit www.atkore.com.

John Deitzer (Photo: Business Wire)

John Deitzer (Photo: Business Wire)

James Alvey (Photo: Business Wire)

James Alvey (Photo: Business Wire)

SAO PAULO (AP) — Saquon Barkley has been practicing the art of positive thinking since switching teams for the first time in his career.

Yet he probably couldn’t have imagined making such a spectacular debut for the Philadelphia Eagles.

Barkley scored three touchdowns Friday night in the first NFL game in South America and led the Eagles to a 34-29 victory over the Green Bay Packers, who lost quarterback Jordan Love to an injury in the closing seconds.

“I'm always about visualizing success and putting positivity in my mind,” said Barkley, who became the first player to score three touchdowns in his Eagles debut since Terrell Owens in 2004. “That's one of my goals this year: Be more of a positive thinker.”

Now it's the Packers who will try to get negative thoughts out of their minds as they worry about the future of Love, who signed a four-year, $220 million extension this summer. Love limped off the field with assistance after getting injured with 6 seconds left.

Packers coach Matt LaFleur had no update on Love's condition after the game.

Backup Malik Willis was sacked by Zack Baun on the final play, preventing him from launching a Hail Mary from the Philadelphia 47.

“We’ve got to learn from this,” LaFleur said. “Because, just watching the tape, and I’m not trying to take anything away from Philly — they battled and they played their game — but I think there was a lot of opportunities that we didn’t capitalize.”

Barkley rushed for 109 yards and scored on an 18-yard catch and runs of 11 and 2 yards. He spent six seasons with the New York Giants before Philadelphia signed him to a three-year, $37.75 million deal with $26 million guaranteed.

Jalen Hurts was 20 of 34 for 278 yards with two touchdowns and two interceptions for the Eagles. A.J. Brown caught five passes for 119 yards, including a 67-yard touchdown, in a festive setting that Eagles coach Nick Sirianni compared to a playoff atmosphere.

“Man, did Brazil get a great game tonight or what?” Sirianni said. “I know we converted some people to be big-time football fans tonight.”

Green Bay’s Jayden Reed scored on a 33-yard jet sweep and a 70-yard reception, which was the longest touchdown completion of Love’s career. Reed caught Love’s pass inside Philadelphia’s 40 and made a move at around the 30 that sent safety C.J. Gardner-Johnson sprawling.

Reed became the first player to have a touchdown catch of 30-plus yards and a touchdown run of 30-plus yards in a season opener since Hall of Famer Jim Brown of the Cleveland Browns against Washington in 1963.

Reed also had an apparent 38-yard touchdown reception on the opening drive get wiped out because both teams had 12 men on the field. He finished with four catches for 138 yards.

Love went 17 of 34 for 260 yards with two touchdowns and an interception.

Barkley’s third touchdown put the Eagles ahead 31-26 with 4:26 left in the third quarter. Reed Blankenship set up that score with an interception that gave Philadelphia the ball at Green Bay’s 25.

The Eagles still led 31-26 when Jaire Alexander intercepted Hurts in the end zone early in the fourth quarter. Green Bay drove into the red zone but settled for a 26-yard field goal by rookie Brayden Narveson, who went 3 for 4 on his attempts.

Philadelphia then controlled possession until Jake Elliott kicked a 21-yard field goal with 27 seconds left.

Some Eagles players had expressed reluctance earlier this week about traveling to Brazil, which cost them the opportunity to play their season opener in front of a friendly crowd at Lincoln Financial Field. The crowd at NeoQuimica Arena instead was balanced among Packers fans, Eagles fans and spectators who just cheered any positive development.

The Eagles weren't complaining afterward.

“I don't know if Sao Paulo knows when to cheer, but it was great,” Brown said. “It was loud the entire time. They kind of got a bad rap. We got a whole bunch of 'Don't do's,' but it's been great ever since we got here.”

Players from both teams were slipping on the playing surface throughout the first half, prompting many to change their cleats. A Brazilian soccer league game was played in the stadium five days earlier.

NeoQuimica Arena’s field is often praised by soccer players as Brazil's best, but it had never hosted an American football game. The hybrid field includes both grass and synthetic fiber.

The slippery surface may have contributed to a sloppy start.

Philadelphia committed turnovers on each of its first two series, enabling Green Bay to start back-to-back drives in the red zone, but the Packers settled for field goals both times.

“The red area was a huge problem tonight,” LaFleur said. “I would say a year ago, we were pretty damn good in that area. And we got destroyed in that area tonight.”

The offenses took over in the second and third quarters. Six of seven possessions resulted in touchdowns.

INJURIES

Eagles LB Devin White (ankle) didn’t play. The Packers were missing RBs AJ Dillon and MarShawn Lloyd. Dillon went on injured reserve last week with a neck issue, and Lloyd was out with a hamstring injury.

UP NEXT

Packers: Host Indianapolis on Sunday, Sept. 15.

Eagles: Host Atlanta on Monday, Sept. 16.

Megargee reported from Wisconsin.

AP NFL: https://apnews.com/hub/nfl

Philadelphia Eagles quarterback Jalen Hurts (1) passes against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Philadelphia Eagles quarterback Jalen Hurts (1) passes against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Green Bay Packers wide receiver Jayden Reed (11) breaks away from Philadelphia Eagles linebacker Zack Baun (53) during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Andre Penner)

Green Bay Packers wide receiver Jayden Reed (11) breaks away from Philadelphia Eagles linebacker Zack Baun (53) during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Andre Penner)

Philadelphia Eagles running back Saquon Barkley (26) scores past Green Bay Packers linebacker Isaiah McDuffie (58) during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Philadelphia Eagles running back Saquon Barkley (26) scores past Green Bay Packers linebacker Isaiah McDuffie (58) during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Philadelphia Eagles running back Saquon Barkley (26) runs for a touchdown against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo.(AP Photo/Doug Benc)

Philadelphia Eagles running back Saquon Barkley (26) runs for a touchdown against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo.(AP Photo/Doug Benc)

Philadelphia Eagles running back Saquon Barkley (26) celebrates after scoring against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Fernando Llano)

Philadelphia Eagles running back Saquon Barkley (26) celebrates after scoring against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Fernando Llano)

Philadelphia Eagles running back Saquon Barkley (26) celebrates after scoring against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Fernando Llano)

Philadelphia Eagles running back Saquon Barkley (26) celebrates after scoring against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Fernando Llano)

Philadelphia Eagles running back Saquon Barkley (26) scores past Green Bay Packers linebacker Isaiah McDuffie (58) during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Philadelphia Eagles running back Saquon Barkley (26) scores past Green Bay Packers linebacker Isaiah McDuffie (58) during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Green Bay Packers wide receiver Jayden Reed (11) celebrates after scoring against the Philadelphia Eagles during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Green Bay Packers wide receiver Jayden Reed (11) celebrates after scoring against the Philadelphia Eagles during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Philadelphia Eagles running back Saquon Barkley (26) runs for a touchdown against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Philadelphia Eagles running back Saquon Barkley (26) runs for a touchdown against the Green Bay Packers during the first half of an NFL football game, Friday, Sept. 6, 2024, at the Neo Quimica Arena in Sao Paulo. (AP Photo/Doug Benc)

Recommended Articles