Jeld-Wen Holding Inc. recently announced the promotion of John Linker to the company’s executive vice president and chief financial officer (CFO) position. Linker replaces L. Brooks Mallard, effective November 8, 2018.

Linker is currently the company’s senior vice president, corporate development and investor relations. The company states, “Mallard’s departure is not based on any disagreement with the company or based on any accounting or financial reporting matters.” Instead, company officials report that Mallard leaves the company to pursue other career interests.

“I would like to thank [Mallard] for his four years of dedicated service to Jeld-Wen,” says Gary S. Michel, president and chief executive officer. “[Mallard] played several key roles in preparing Jeld-Wen to become a public company. We all wish him the best in his future endeavors.”

Linker joined Jeld-Wen in 2012 and served previously as treasurer and interim finance leader for the company’s Europe and Australasia branches.

“The board of directors believes that [Linker’s] knowledge of our business, comprehensive corporate finance experience, leadership and teambuilding skills make him the right successor as CFO,” says Michel. “[Linker] has earned a reputation as a results-driven leader, making significant contributions to our growth and driving process discipline into his areas of responsibility. He established our mergers and acquisitions program, leading us through 13 successful acquisitions. [Linker] also played an important role in leading Jeld-Wen through our initial public offering and building strong relationships with our shareholders, analysts and lenders.”

The announcement was released the same day as the company’s 3Q estimates, including a $75 million expenditure related to a recent court ruling, stemming from the company’s ongoing dispute with fellow door manufacturer Steves and Sons.

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