Masonite International Inc. today announced that Fred Lynch, President and Chief Executive Officer of Masonite, has been appointed to the Board of Directors of Masonite International Inc. and its principle U.S. and Canadian operating companies. Mr. Lynch replaces Scott Nuttall, who has resigned from the Board.
Lynch joined Masonite in July 2006 as President and was appointed Chief Executive Officer in May 2007. He began his career with Allied Signal (now Honeywell International), where he spent eighteen years in a variety of operational positions, starting as a Chemical Engineer and progressing to Vice President and General Manager of the Specialty Chemicals division. Immediately prior to joining Masonite, Lynch served as President of Human Generics at Alpharma Inc., a generic drug company with operations in the U.S., Europe, China and Indonesia. He earned a Bachelor's Degree in Chemical Engineering from Villanova University and an MBA in Finance from Temple University.
"We are very pleased to welcome Fred to the Masonite Board," said Ken Freeman, Masonite Corporation Chairman. "Fred's outstanding leadership throughout this difficult period for the housing industry is a model for others to follow. He is leading Masonite with high energy, intense passion, and a clear vision of Masonite's potential to succeed. As CEO, he has been required to make extremely difficult decisions while at the same time driving improvements necessary for sustainable future success. Fred's addition to the Masonite Board will provide further opportunities to incorporate his leadership in serving the best interests of the company and all stakeholders."
Lynch said, "I am honored to take on this additional responsibility and look forward to working with the Board of Directors and Management Team to help guide Masonite through these difficult times and emerge a stronger and more competitive company. I want to thank Scott Nuttall for his three and half years of service as a Masonite Director, and for providing me with invaluable insight and advice over the past two years. At Masonite we remain committed to delivering the highest value door products to our customers around the world."
This press release is also available within the "News & Events" section of the Company's website at www.masonite.com.
Masonite International is a leading global manufacturer of residential and commercial doors, committed to providing the highest value door products to our customers in more than 70 countries around the world.