Masonite names new CEO
Masonite announced that Howard Heckes has been named president and CEO, effective June 3.
He will also join Masonite’s Board of Directors and succeeds Fred Lynch as CEO, who announced his retirement plans last year.
Heckes currently serves as CEO of Energy Management Collaborative, a privately held company providing LED lighting and controls and IoT conversion systems and service solutions. Previously, Mr. Heckes spent nine years in a variety of senior operations roles at Valspar Corporation, most recently overseeing Valspar’s Industrial Coatings portfolio, which included four global operating divisions with approximately $2.5 billion in revenue, 40 manufacturing facilities, and 5,100 employees in 38 countries.
The executive also held leadership roles at Newell Rubbermaid, including president of Sanford Brands, president of Graco Children’s Products and president of Goody Products.
Robert J. Byrne, Masonite chairman, said, “Today’s announcement is the culmination of a comprehensive search process that included numerous strong internal and external candidates. We are thrilled to welcome Howard to the Masonite team.”
“The board is confident that he is ideally suited to lead Masonite forward, building on the transformational change that Fred Lynch executed over his nearly 13-year tenure. With his motivational and inspirational leadership style, Howard will continue our unwavering commitment to delivering outstanding value to our customers and shareholders,” Byrne added.
Regarding his new position at Masonite, Heckes said, “I have developed a great admiration for Masonite’s progress under Fred Lynch’s leadership. The core values of the company are consistent with my own: a commitment to innovation, operational excellence and delivering results. I am truly excited to continue to leverage the company’s momentum and competitive position to maximize the significant value inherent in Masonite.”
Lynch served as Masonite president and CEO for more than a decade.
“I’m fortunate to have been a part of such a talented, dedicated team that is committed to revolutionizing the door industry and helping people walk through walls. I am confident in the company’s prospects for growth and value creation under Howard’s leadership.”
Masonite, based in Tampa, Fla., also reported this morning that first quarter 2019 net sales grew 2% to $530 but profits fell from $21 million in the first quarter 2018 to $4 million.
He will also join Masonite’s Board of Directors and succeeds Fred Lynch as CEO, who announced his retirement plans last year.
Heckes currently serves as CEO of Energy Management Collaborative, a privately held company providing LED lighting and controls and IoT conversion systems and service solutions. Previously, Mr. Heckes spent nine years in a variety of senior operations roles at Valspar Corporation, most recently overseeing Valspar’s Industrial Coatings portfolio, which included four global operating divisions with approximately $2.5 billion in revenue, 40 manufacturing facilities, and 5,100 employees in 38 countries.
The executive also held leadership roles at Newell Rubbermaid, including president of Sanford Brands, president of Graco Children’s Products and president of Goody Products.
Robert J. Byrne, Masonite chairman, said, “Today’s announcement is the culmination of a comprehensive search process that included numerous strong internal and external candidates. We are thrilled to welcome Howard to the Masonite team.”
“The board is confident that he is ideally suited to lead Masonite forward, building on the transformational change that Fred Lynch executed over his nearly 13-year tenure. With his motivational and inspirational leadership style, Howard will continue our unwavering commitment to delivering outstanding value to our customers and shareholders,” Byrne added.
Regarding his new position at Masonite, Heckes said, “I have developed a great admiration for Masonite’s progress under Fred Lynch’s leadership. The core values of the company are consistent with my own: a commitment to innovation, operational excellence and delivering results. I am truly excited to continue to leverage the company’s momentum and competitive position to maximize the significant value inherent in Masonite.”
Lynch served as Masonite president and CEO for more than a decade.
“I’m fortunate to have been a part of such a talented, dedicated team that is committed to revolutionizing the door industry and helping people walk through walls. I am confident in the company’s prospects for growth and value creation under Howard’s leadership.”
Masonite, based in Tampa, Fla., also reported this morning that first quarter 2019 net sales grew 2% to $530 but profits fell from $21 million in the first quarter 2018 to $4 million.