Platinum Equity announced this week that it has signed a definitive agreement to acquire the Jeld-Wen Australasia windows, doors and related building products business from Jeld-Wen Holding Inc. The transaction is valued at approximately $461 million and is expected to close in the third quarter of 2023, subject to certain closing conditions and regulatory approvals. […]

Jeld-Wen Holding Inc. recently announced it has been named among the “Most Trustworthy Companies in America” by Newsweek magazine for the second year in a row. Jeld-Wen is listed as the top door and window company in the construction industry category, one of just 15 publicly traded companies on the list headquartered in North Carolina, […]

According to a Securities and Exchange Commission (SEC) filing, Jeld-Wen Holding Inc. appointed Michael A. Leon as the company’s senior vice president and chief accounting officer. Leon replaces Scott Vining, who will be leaving the company after the close of its first financial quarter to ensure a smooth transition. Leon has extensive financial and accounting […]

A federal judge in Delaware ruled that law firm Bernstein Litowitz Berger & Grossmann LLP, along with firms Levi & Korsinsky LLP and Robbins LLP, are entitled to a portion of the settlement fund with respect to allegations of insider trading and anti-trust violations by Jeld-Wen upper management. In February 2021, plaintiff Jason Aldridge, derivatively […]

William (Bill) J. Christensen is Jeld-Wen Holding Inc.’s new chief executive officer effective immediately. He also joins the company’s board as a director. Christensen brings a focus on simplifying the company’s business, improving execution and delivering profitable growth. Christensen, 49, joined the company in April 2022 as executive vice president and president of Jeld-Wen Europe […]

JELD-WEN Holding Inc. has announced that James Armstrong has joined the company as vice president of investor relations. He will report to Julie C. Albrecht, executive vice president and chief financial officer. Armstrong brings more than 15 years of experience in investment analysis with a strong focus on the building products industry on both the […]

JELD-WEN Holding Inc., a manufacturer of building products, announced the appointment of Catherine A. Halligan to its board of directors, effective September 5, 2022. With the announcement, Halligan becomes the fourth woman on JELD-WEN’s board of directors, and expands it to eight members, seven of whom are independent. “Cathy brings extensive board experience and deep […]

JELD-WEN Holding Inc., a global manufacturer of building products, has announced that it has initiated a comprehensive review of strategic alternatives for its Australasia business. “We are executing on our strategy to maximize shareholder value and position JELD-WEN for long-term success,” said David Nord, chair of the JELD-WEN board of directors. “As part of this […]

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 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 […]