Piscataway, N.J. — Plumbing manufacturer American Standard Brands announced that President and CEO Jay Gould has been appointed to the Board of Directors of LIXIL Corporation, the parent company of American Standard. The appointment was confirmed at the June gathering of LIXIL’s Ordinary General Meeting of Shareholders.
Led by President and CEO Yoshiaki Fujimori, LIXIL Group Corporation (TSE Code 5938) is a listed holding company posting 1.4 trillion JPY in consolidated sales in FY March 2013. The Group engages in a broad spectrum of housing businesses, ranging from the manufacture and sales of building materials and housing equipment to the operation of home centers and a network of homebuilding franchises. The largest housing and building materials company in Japan with a vast and unique business portfolio, it is a leader in eight market categories, with a 55 percent share in exteriors, 50 percent share in housing sashes and doors, 50 percent share in curtain walls and 40 percent share in sanitary wares. LIXIL is also a leading brand in tiles, washstand cabinet units, and bathroom and kitchen units.
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