Gary S. Michel has resigned as chair and CEO of JELD-WEN Holding Inc., which announced that its Board of Directors has accepted the resignation on Friday, August 5. Upon his resignation, the Board appointed Kevin C. Lilly, most recently the company’s executive vice president and chief information officer, as interim CEO. Additionally, current independent director […]

JELD-WEN Holding announced its eighth consecutive quarter of core revenue growth, reporting an 11% increase paired with a net revenue increase of 6.8%, for the period ending June 25. CEO Gary S. Michel says cost inflation and softening retail demand impacted profitability in the second quarter, and that the company must “execute better and consistently […]

JELD-WEN Holding Inc., a manufacturer of building products, says it has been named one of America’s Most Trustworthy Companies by Newsweek. The company reports that it was the only window or door manufacturer to make the list. “Being named one of America’s Most Trustworthy Companies is a testament to living and leading by our JELD-WEN […]

JELD-WEN Holding Inc., has announced that Julie C. Albrecht will join JELD-WEN as executive vice president and chief financial officer, effective July 18, 2022. She joins JELD-WEN from Sonoco, a global sustainable packaging company, where she has served as CFO since March 2019. She will replace EVP and acting CFO David Guernsey, who will transition […]

JELD-WEN Holding Inc. has announced the promotion of John T. Krause to senior vice president and general manager, North America, effective May 25. He will report to chair and CEO Gary S. Michel. Krause, currently JELD-WEN vice president and general manager for the North America windows business, succeeds Daniel Castillo, who is leaving the company. […]

Jeld-Wen reports seven consecutive quarters of core revenue growth along with a 7.2% increase in net revenue from the same time last year. However, the company noted in its first-quarter results for 2022 a $26 million decrease in net income from one year prior, primarily resulting from inflation. Net revenue increased by 7.2% to $1,171.0 […]

JELD-WEN Holding Inc., a global manufacturer of building products, has announced a transition of its chief financial officer (CFO) role. Current CFO John Linker has decided to resign to pursue another CFO opportunity in a different industry and will transition his responsibilities by the end of March. Effective April 1, David Guernsey, currently executive vice […]

JELD-WEN’s Bonnie Davis will take the stage next month in Washington, D.C. where she will receive the Women in Manufacturing STEP Ahead Award, which honors women who have demonstrated excellence and leadership in their careers – from the factory floor to the C-Suite. Davis is one of 100 women nationwide to be honored by the […]

Jeld-Wen Holding Inc. announced full-year financial results for 2021, which saw net revenue for the 12 months ended December 31, 2021, increase by $536.0 million, or 12.7%, to $4.772 billion, compared to $4.236 billion for the same period the prior year. Net income increased by $77.2 million, or 84.3%, to $168.8 million, compared to $91.6 […]

Jeld-Wen Holding Inc. and Huttig Building Products Inc. each announced financial results for the third quarter of 2021, with both companies making out better than this time a year ago. Jeld-Wen’s numbers are from three and nine months ended September 25, 2021, and the improved results were—in part—aided by the conclusion of a lawsuit. The […]