Airxcel, Inc. Expands Leadership Team for Future Growth

Jul 9, 2020, 07:24 AM by Jeff Rutherford

Wichita, Kansas

Jeff Rutherford, President and CEO

I am pleased to announce the appointment of Rick Aldridge as Group President – Commercial/Industrial Group effective July 1. Airxcel’s key priorities include organic market share growth through new product development; geographic expansion and continued growth through acquisitions. Rick will be focused developing and leading the strategic direction of the Commercial/Industrial Group, seeking out world-class acquisition opportunities, and integrating these into Airxcel to maximize overall enterprise value of the company.

Rick brings to this new assignment over 30 years of experience in the HVAC industry. Prior to joining Airxcel, Rick had been President of Solution Air Group, Division of Price Industries. Prior to that, Rick was President and CEO of Climate Control Group, a collection of HVAC businesses that was later sold to NIBE Industrier AB in Sweden. Rick holds AASEET, BSEET and MSEE degrees from Purdue University.

Rick and his wife Kelly have 2 adult daughters, Olivia and Alexandra (both married), 2 sons Mitchell who is pursuing his PhD in Physics, and Aiden who is entering 7th grade in the fall. Rick and Kelly are also the proud grandparents of 1-year old Elizabeth.

Rick and the family currently reside outside of Oklahoma City are active outdoor enthusiasts enjoying hiking, biking, etc. Rick does confess to enjoy collecting and “sampling” unique Bourbons.

Rick will be visiting our locations over the coming months to learn about our product, processes, and culture. He will be actively involved in acquisition searches as well as being included early on in Control Calls and the AOP process to begin to understand how we operate our business.

Please extend a warm welcome to Rick and his family.

CONFLICT MINERALS POLICY

On November 13th, 2012 the U.S. Securities Exchange Commission (SEC) issued a Final Rule pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Rule requires businesses that file with the SEC and manufacturing products that require Conflict Minerals for their production or functionality to file a report with the SEC which includes, along with other information, measures taken to exercise “due diligence” regarding the source and chain of custody of all such minerals. Conflict Minerals include the following: gold, tantalum, tin and tungsten, or any other mineral or its derivatives determined by the U.S. Secretary of State to directly or indirectly finance or benefit armed groups in the Democratic Republic of the Congo or an adjoining country.

AIRXCEL, Inc. is a privately owned company and does not report with the Securities Exchange Commission (SEC). The rule applies to all companies that supply materials to publicly traded companies, or any of their operating subsidiaries, even if the supplier is not a publicly traded company. Several of our customers are registered with the SEC and may seek information and assistance from us regarding our suppliers and sources of supply.

AIRXCEL, Inc. will take the appropriate actions to support our customers in an effort to achieve a common goal. AIRXCEL, Inc. does not intentionally purchase directly or indirectly any items containing Conflict Minerals.

All Suppliers are required to submit the Conflict Minerals Reporting Template (CMRT), Revision 5.12.

To receive a copy of the Conflict Minerals Reporting Template (CMRT), Revision 5.12, please choose one of the following:

Aqua-Hot:  please CLICK HERE.

RV Products (Coleman-Mach/MAXXAIR): please CLICK HERE.

Suburban:  please CLICK HERE.

Marvair: please CLICK HERE.

Industrial Climate Engineering (I.C.E.): please CLICK HERE.

 

Effective April 26, 2019