Quanex Building Products Corporation (NYSE: NX) shares moved downward Monday, on word of the appointment of Chad Collins to President, Hardware Solutions, effective Monday. Collins succeeds Bob Daniels, who will retire at the end of 2026 after more than 35 years with the organization.
“Chad is a leader who knows how to move a business forward and bring people with him,” said George Wilson, Chairman of the Board, President and CEO of Quanex. “He’s built strong teams, led through complex change and stayed focused on what matters most to customers. That’s exactly the kind of leadership we need as we continue to grow our Hardware Solutions segment.”
Collins has more than 20 years of global leadership, having served in senior roles across manufacturing, industrial technology and distribution sectors. He has led complex organizations through commercial and operational transformation, including driving revenue growth, improving profitability and enhancing customer experience. His background includes leadership roles at OTC Industrial Technologies, Haydon Corporation, Myers Industries, Parker Hannifin and Philips Healthcare.
NX shares handed back 13 cents Monday to $17.33.
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