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Schill Grounds Management appointed Andrew Rashid to chief financial officer to elevate sophistication and enhance efficiency as Schill partners with independent owners of best-in-class landscaping businesses to drive consolidation in the fragmented industry.
Rashid brings more than 20 years of professional financial experience to Schill, most recently as CFO of Luxium Solutions, a global manufacturer of scintillation crystals and optical systems owned by SK Capital and Edgewater Capital.
Rashid held increasingly senior roles in strategy, M&A, marketing and finance at companies including Synthomer, Nordson Corporation and PwC. He earned a Bachelor of Science degree in accounting from The Ohio State University Fisher College of Business and lives with his family in Olmsted Falls, Ohio, outside Cleveland.
As a member of the executive leadership team at Schill, Rashid helps set the financial strategy, manage fiscal performance across the enterprise and ensure that key performance indicators (KPIs) and financial targets are met. He is also heavily involved in Schill’s organic growth and M&A strategy as it offers centralized resources, technology, sales and marketing support, purchasing power and strategic vision to businesses that join the Schill collective of companies.
“We are thrilled to add Andrew’s financial acumen and strategic thinking to our leadership team as Schill reaches new milestones for growth and performance,” said Jerry Schill, founder and CEO of Schill Grounds Management. “His experience in M&A, private equity and financial excellence are an asset to the entire Schill family as we continue to expand with intention and purpose.”
“I am excited to join such an experienced leadership team that is committed to world-class service, superior operations and strategic long-term growth,” Rashid said. “I look forward to upholding Schill’s values each and every day as we set and achieve new goals that benefit our employees, our customers and our communities.”
Schill expresses gratitude to retiring CEO Bob Stopar for his leadership and contributions over the past four years as the company made numerous acquisitions and completed a recapitalization with private equity firm TruArc Partners.
