JELD-WEN appoints new board member amid leadership change

  • Stock Market News
JELD-WEN appoints new board member amid leadership change
Credit: © Reuters.

CHARLOTTE, N.C. - JELD-WEN (NYSE: JELD ) Holding, Inc. (NYSE: JELD), a global manufacturer of building products, has announced the appointment of Antonella B. Franzen to its board of directors. Franzen will join the board effective March 1, 2024, taking over from Suzanne Stefany, who has decided not to stand for reelection after serving since 2017.

Franzen, currently the CFO of DuPont (NYSE: DD )'s Water & Protection segment, is recognized for her financial expertise and strategic development skills. Her career includes various leadership roles at Johnson Controls (NYSE: JCI ) International plc and Tyco International plc. David Nord, JELD-WEN's board chair, expressed confidence in Franzen's ability to contribute to the company's growth and value creation for shareholders.

With Franzen's appointment, JELD-WEN's board will maintain its composition of 10 directors, including eight independents. Nord also thanked outgoing director Stefany for her contributions over the past seven years.

JELD-WEN operates in 15 countries, employs around 18,000 associates, and offers a range of interior and exterior doors, windows, and related building products. The company's brands include JELD-WEN®, LaCantina™, VPI™, Swedoor®, and DANA®.

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