Janus Announces Updates To Board of Directors

Posted by Modern Storage Media on Jan 3, 2024 8:17:52 AM

Janus International Group, Inc., a leading provider of cutting-edge access control technologies and building product solutions for the self-storage, commercial, and industrial sectors, today announced the following individuals have been elected to the Board of Directors:

  • Tony Byerly, a Class III Director and member of the Nominating and Corporate Governance Committee. Byerly has been the Global President Securitas Technology, Securitas AB and CEO Securitas Technology Corporation since November 2021 (having started with Securitas in 2016). He has over 30 years of senior leadership and security experience working for both private and public companies including Stanley Black and Decker, ADT/Tyco International, Honeywell Security Monitoring and Ameritech/SBC Global Communications/SecurityLink. Byerly holds a B.A. degree in Social Science and Business from Eureka College.
  • Joseph F. Hanna, a Class III Director and member of the Compensation Committee. Hanna has been CEO of McGrath RentCorp, a leading business-to-business rental company, since February 2017. Prior to being named CEO, Hanna held roles as the Chief Operating Officer, Senior Vice President of Operations, and Vice President of Operations. Prior to joining McGrath RentCorp, he held various sales and operational leadership positions at SMC Corporation of America. Hanna holds a B.S. in Electrical Engineering from the United States Military Academy at West Point, New York.
  • Eileen Youds, a Class II Director and member of the Nominating and Corporate Governance Committee. Youds most recently served as Chief Technology Officer of Portfolio Companies, Operating Principal, Global Infrastructure Partners (GIP) where she worked since December 2012. Prior to GIP, she was in manufacturing, human resources, and defense contracting, serving in leadership roles as President, GM, and COO. Youds has extensive expertise in process and productivity improvement, technology, manufacturing, engineering and education. She holds an MEP (Management Executive Program) from the Carlson School of Management, University of Minnesota; M.A. in Mathematics/Computer Science and B.A. in Chemistry/Mathematics from the University of Northern Iowa.

 

Additionally, Roger Fradin was elected Chairman of the Board and Chair of the Compensation Committee and David Doll was appointed as Chair of the Nominating and Corporate Governance Committee.

The appointments come following the departures of José E Feliciano and Colin Leonard with Clearlake Capital Group, L.P. (“Clearlake”) who have been directors since 2021.

 

“Clearlake’s original investment thesis six years ago was to partner with Janus’s management team and grow the platform by expanding both its product portfolio and end markets served,” said José E. Feliciano, Managing Partner and Co-Founder of Clearlake.

 

Colin Leonard, Partner and Managing Director of Clearlake added that “We are proud that, alongside Ramey and his team, we were able to scale the platform and generate value.”

 

Fradin stated, “We thank Clearlake and specifically José and Colin for their partnership over the last six years and congratulate them on their exit. We believe Janus will be well served with the new director leadership going forward. Tony, Joseph, and Eileen bring a wealth of experience in security, finance, cybersecurity, and technology to the Board, and we look forward to their insights and expertise."

 

Continues Fradin, "Tony, in particular, has extensive experience in electronic security, which will help us to continue to accelerate the growth of our Nokē Smart Entry system. Their appointments reflect the company’s commitment to new perspectives and skills that combine with our existing directors deep experience and knowledge as we continue to grow the business and advance our goal of being the leading provider of self-storage, commercial, and industrial solutions.”

 

“We are pleased to welcome Tony, Joseph, and Eileen who will further strengthen and diversify our Board,” said Ramey Jackson, Janus’s Chief Executive Officer. “We look forward to leveraging their broad range of knowledge and experience to expand our platform and advance our corporate strategy to combine best-in-class self-storage offerings with new and innovative technologies, including our Nokē Smart Entry system, and be the leading provider of self-storage, commercial, and industrial solutions."

 

On behalf of the entire Board, I would like to thank Clearlake for their steadfast partnership and invaluable insights. We are fortunate to have benefited from their guidance over the last six years and are grateful for all they have done for Janus.”

 

About Janus International Group

Janus International Group, Inc. is a leading global manufacturer and supplier of turn-key self-storage, commercial and industrial building solutions, including: roll-up and swing doors, hallway systems, re-locatable storage units and facility and door automation technologies. The Janus team operates out of several U.S. locations and seven locations internationally.

 

About Clearlake

Founded in 2006, Clearlake is an investment firm operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are technology, industrials, and consumer. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, Dublin, Ireland, and Singapore.

 

 

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