Advanced Drainage Systems, Inc. announced that Roy Moore, Executive Vice President, intends to retire effective May 31, 2023. As part of the Company's succession plan, Craig Taylor, will succeed Moore in his current role. Craig Taylor currently serves as the Vice President of Finance at the Company's wholly owned subsidiary, Infiltrator Water Technologies, LLC (“Infiltrator”).

Roy Moore joined ADS with the acquisition of Infiltrator in 2019. Moore joined Infiltrator in 1987 and served as Chief Executive Officer from 2005 until the company was acquired by ADS in 2019. During his tenure with the company, Moore led multiple functions, including manufacturing, sales, marketing, engineering, research and development, and government affairs.

Prior to his time at Infiltrator, Mr. Moore led the manufacturing operations of a major building products supplier and has specialized in the molding of plastic products since 1979. Mr. Moore attended Georgia Tech, majoring in Industrial Management with course work in Civil Engineering. Craig Taylor joined Advanced Drainage Systems, Inc. in February 2020 as Vice President of Finance for Infiltrator Water Technologies.

Before joining Advanced Drainage Systems, Mr. Taylor served in a variety of roles with Stanley Black and Decker, Inc. from 2003 until 2019, most recently as Vice President of Finance from 2017 to 2019 where he managed the financial performance of a $3 billion Hand Tool and Storage division, providing strategic insights, partnering with product development to drive the company's growth targets and oversight of global manufacturing. From 2003 to 2017, Mr. Taylor held various finance positions including Chief Financial Officer – Global Shared Services and Chief Financial Officer – Stanley Security North America & Emerging Markets. Additionally, he worked on several acquisitions and integrations including Newell Tools and Craftsman.

Prior to joining Stanley Black and Decker, Inc. Mr. Taylor worked at United Technologies from 1998 to 2003. Mr. Taylor holds a bachelor's degree in Finance from Bryant University and an MBA from University of Massachusetts - Isenberg School of Management.