Press Release: Francois Bouan to Retire as President of ParexLahabra, Inc.
Richard Hung, Marketing Communication Manager
714.778.2266 x3270
richard.hung@parexusa.com
FOR IMMEDIATE RELEASE:
Francois Bouan to Retire as President of ParexLahabra, Inc.
Announcement caps an impressive 20 year history in the EIFS industry
Anaheim, CA — August 04, 2009 - ParexLahabra, the parent company of leading building material brands; Parex, LaHabra, El Rey Stucco, Teifs, Mer-Krete and Mer-Ko, today announced that Francois Bouan, will retire on October 1, 2009 as President of ParexLahabra, Inc.
Bouan's career began with the ParexGroup in 1986 as Director of Logistics, in Paris, France. In March 1990 he accepted a promotion to Plant Operations Manager with, US based subsidiary, Parex Incorporated at their Redan, GA location. Bouan was tasked with growing the corporation West and began developing a new manufacturing facility from the ground up in French Camp, CA.
"I have had the pleasure of knowing Francois for over 16 years", said Buck Buchanan, Vice President of Sales and Marketing at ParexLahabra. "During a conversation in 1996 I informed him he would become the next president of EIMA. Some found it humorous a French man was to be president of a growing American trade association. His personality served him well and at the end of his term, as EIMA president, he was a very highly respected and strong leader."
In 1991 Bouan was promoted to Executive Vice President of Parex and quickly rose to become President in January 1992. The year 2000 began a string of acquisitions including LaHabra Products Inc. and El Rey Stucco Co. In 2005 he spearheaded the merger of all three companies to form ParexLahabra, Inc. Later, the corporation acquired Teifs, Mer-Krete Systems, and a division of QEP to round out its offering. Bouan has been an instrumental part of expanding the company to a national leader. His leadership helped grow the corporation over twenty-fold from its humble beginnings.
"In the ten years that I have known Francois, I.ve found the experience both enjoyable and rewarding," said John Comiskey, Chief Financial Officer for ParexLahabra. He.d engage everyone with a smile, a hand shake, and a sense of humor. Francois would disarm you with his French accent and then conduct business in a direct but friendly manner. By the end of the business deal you would walk away from the experience with a good feeling."
Bouan previously served on the board of the EIFS Industry Manufacturers Association (EIMA) from 1991-2000 and as President from 1996-1998. He will be succeeded as ParexLahabra's President by current Executive Vice President, Rodrigo Lacerda.
About Parex USA
Parex USA, Inc., a California Corporation, is the parent company to brands that offer a wide range of innovative façade and flooring solutions. Its brands include Parex, LaHabra Stucco, Merkrete, Teifs, El Rey Stucco, Merlex Stucco, Variance Finishes, and Vero-Rialto. It is a subsidiary of the ParexGroup, S.A., one of the world's leading manufacturers of specialty solutions for the construction industry. ParexGroup spans 22 countries, employing 4,000 professionals across 66 manufacturing facilities and 9 R&D centers. To learn more about Parex USA, Inc., please visit www.parexusa.com.
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