Fox Factory Holding Corp. named Dennis Schemm as chief financial officer, effective June 12. Schemm succeeds interim CFO Maggie Torres, who will retire when Schemm assumes the role.

“I’m excited to add Dennis to my leadership team. His wealth of experience driving strategic organizational transformation will be a critical asset as we continue our exponential growth journey. Dennis’ success working across functions to drive profitable results coupled with his commitment to exemplify the values we uphold as a company will also be a catalyst for sustained stellar performance,” commented Mike Dennison, CEO of Fox Factory Holding. “On behalf of the entire team, I would also like to thank Maggie for all of her contributions over her nine years with the company and recently as interim CFO, sacrificing the start of her retirement. Her leadership and presence will be greatly missed.”

Schemm has more than 25 years of experience in finance, including financial risk management, controllership, global financial planning and analysis, treasury, audit, capital allocation strategies, and mergers and acquisitions. Before joining the Fox Factory, Schemm was the senior vice president and chief financial officer at Trex for the last three years and was the senior vice president, chief financial officer and commercial lead of the Joint Compound Division at Continental Building Products from 2015 to 2020.