The Board of Directors of American Standard Brands announced the appointment of Jay D. Gould as President and Chief Executive Officer of the Company, a leading North American manufacturer of branded bath and kitchen products serving both the residential and commercial markets, including the new construction and remodeling markets.
Gould succeeds Don Devine, who led the successful turnaround of American Standard Brands and is leaving the company to pursue other interests. Under his leadership, the Company completed the strategic mergers of American Standard, Crane Plumbing, Eljer Plumbing, Safety Tubs and Decorative Panels International. The turnaround effort resulted in sustained profitability and a new capital structure for the company. BD+C