Michel Resigns from JELD-WEN; Interim CEO Appointed

August 8th, 2022 by Editor

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 David G. Nord, former chairman and CEO of Hubbell Incorporated, was elected chair of JELD-WEN’s Board of Directors.

David G. Nord (left) was elected chair of JELD-WEN’s Board of Directors. The Board appointed Kevin C. Lilly (right) as interim CEO.

“We appreciate Gary’s leadership and contributions to the company during his tenure,” commented Nord. “JELD-WEN remains committed to delivering long-term value to our shareholders. We have confidence in Kevin’s leadership and will work closely with him and the management team to ensure that this change is seamless for our customers, shareholders and associates. The Board is committed to conducting a thorough search to identify the best candidate to lead JELD-WEN’s continued growth and transformation.”

The Board has initiated a comprehensive search for a new CEO, including consideration of both internal and external candidates.

“I am honored to serve in this role at this important time. JELD-WEN is a leading global manufacturer of high-quality building products with talented people and world-class brands. I look forward to working alongside the Board, our leadership team and associates to realize our full potential,” Lilly said.

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