Humphrey to Retire in 2011

December 6, 2010

Andersen Corp. has announced that Jim Humphrey, who has been chief executive officer since 2003, will retire from active management on March 31, 2011. He will continue to serve as the company’s board chair and will be succeeded as CEO by Jay Lund, who currently serves as Andersen’s president and COO. These steps are part of a planned succession.

“It has been an honor to lead Andersen Corp.," Humphrey states. "For more than a century, it’s been one of the most respected companies in our industry. It remains so today and I am proud to have been part of its success. We have an excellent team at Andersen who will continue our journey forward,” said Humphrey. “I look forward to turning my attention from management to governance.”

Since joining Andersen in 1999, Humphrey is credited with leading a shift to a more customer-centric operation, including the streamlining of its distribution system to build more direct customer relationships. Humphrey also led the expansion of the product portfolio through internal growth and acquisition, with the Bayport, Minn.-based manufacturer adding Eagle Window & Door and Silver Line Building Products, among other companies, during his tenure.

Lund, who was named the 10th president in Andersen’s history in September 2009, joined the company in 1985. Prior to that, Lund spent four years at Andersen Consulting as a business consultant, with the window and door manufacturer as one of his clients. Over the last 25 years, Lund has held a series of progressively responsible positions including IT, marketing, sales, distribution and logistics.