RAY NEWSTEAD

Langley, British Columbia – The ECCO Group, a leader in HVAC
and Building Products, announced today the creation of the ECCO Sales and
Distribution business unit and the appointment of Ray Newstead to head
the Canadian Division as Division Vice President.
This move furthers ECCO’s goal to help our customers succeed by providing
a structure to focus on reliable expert service backing the sales of products
we manufacture as well as those from our manufacturing partners.
“I am confident that with the addition of Ray to our team of exceptional
leaders we will continue building and ultimately executing ECCO’s goal to be
the top choice for HVAC supplies and building products for our customers and vendor partners.“ says
Bill Davis, Vice-President and General Manager of The ECCO Group. “We are a fast growing company
and are better positioned for the future with the changes we are making” he adds.

Ray joins ECCO as an accomplished Senior Executive, with many years of Building Products & HVAC
industry experience, most recently in the role of CEO and prior to that in the roles of VP of Operations
and CFO. He is a visionary leader, team collaborator and change agent with expertise in strategic
planning, market growth and business development. He will be responsible for the oversight of
Canadian operations that includes ECCO Supply and the National Accounts sales team.
“I’m very excited to join ECCO at this transformative time” says Ray Newstead. He adds, “It’s my
pleasure to lead this new division that includes ECCO Supply, already an established leader in the
Western Canadian HVAC Wholesale market. We look forward to building on our strengths to better
help our customers succeed with the best products and service and winning together in the weeks and
months ahead.”