DAVID WEMMER APPOINTED CHIEF EXECUTIVE OFFICER AT NEW ROOT, INC.

EFFECTIVE DATE:

Chartwell Partners is pleased to announce David Wemmer has been appointed Chief Executive Officer of New Root, Inc. Wemmer most recently served as a Consultant, guiding clients in the areas of M&A, performance management systems, business process improvement and organizational and leadership development. Prior to that, he was President for the Window & Door Systems business at Quanex Building Products and General Manager for Masco’s Vinyl Extrusion Division. Wemmer’s focus at New Root will be to buy, build and lead a group of mission based companies that deliver stakeholder value.

New Root, Inc. is a newly established sister company of New Island Capital Management, a San Francisco-based investment firm. New Island’s mandate and resources place it among a handful of institutional-scale, 100% mission-focused investment firms. New Root and New Island are privately held organizations that have been specifically designed and built to positively impact people, employees, communities and the world, while at the same time achieving appropriate investment returns.