Jeld-Wen Holding Inc. announced that Chair and CEO Gary S. Michel resigned. Executive Vice President and Chief Information Officer Kevin C. Lilly will serve as interim CEO. Also, current independent director David G. Nord, former chairman and CEO of Hubbell Incorporated, was elected chair of Jeld-Wen’s Board of Directors.
The Board has initiated a comprehensive search for a new CEO, including consideration of both internal and external candidates.
What people are saying
“We appreciate Gary’s leadership and contributions to the company during his tenure,” says Nord. “Jeld-Wen remains committed to delivering long-term value to our shareholders. We have confidence in Kevin’s leadership and will work closely with him and the management team to
ensure that this change is seamless for our customers, shareholders and associates. The Board is committed to conducting a thorough search to identify the best candidate to lead Jeld-Wen’s continued growth and transformation.”
“I am honored to serve in this role at this important time. Jeld-Wen is a leading global manufacturer of high-quality building products with talented people and world-class brands. I look forward to working alongside the Board, our leadership team and associates to realize our full potential," says Lilly.
