Frederick J. Lynch Named CEO of Masonite International
Masonite International Inc. in Mississauga, Ontario, Canada, announced that Frederick J. Lynch, the company's president since July 2006, will assume the additional title of chief executive officer (CEO). Kenneth W. Freeman will continue as chairman of Masonite, a manufacturer of residential and commercial doors.
"This is an orderly, well-planned transition, and the time is right," Freeman says. "Since joining Masonite as president, Lynch has demonstrated the skills, vision and values that will enable him to be a great CEO for Masonite." He says that Lynch has accelerated progress in the areas of talent acquisition, customer satisfaction, manufacturing excellence, product innovation and employee engagement.
Lynch says, "All of us at Masonite are indebted to Freeman for setting the company on a course toward profitable growth and undisputed industry leadership. Our job now is to further accelerate our progress on that path to success. Having come to know the people of Masonite, I have absolute confidence that we will achieve this."
Lynch began his career 21 years ago as a chemical engineer at Allied Signal, worked his way up through manufacturing at Allied Signal and Honeywell, and eventually became vice president and general manager of the specialty chemicals division, with operations in North America and Europe. In 2003, he joined Alpharma Inc., a generic drug company, as senior vice president, and became president of Human Generics, a $900 million business with 3,000 employees in the United States, Europe, China and Indonesia.
Freeman is a managing director of Kohlberg, Kravis, Roberts and Co., and executive chairman of Accellent Inc. From 1996 to 2004 he was chairman and CEO of Quest Diagnostics Inc.
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