Masonite International Corporation Names Chet Akiri to Lead Components Business

Company Press Release

Masonite International Corporation (“Masonite”) announced the appointment of Chet Akiri as Senior Vice President and Business Leader of Masonite’s Components business, effective October 8, 2018.

Chet joins Masonite with over 20 years of general management, corporate development and consulting experience, most recently as Chief Operating Officer and Chief Commercial Officer for Bristow Group, a leading Industrial Aviation Services provider with $1.5 billion in annual sales. He began at Bristow as Senior Vice President of Strategy and Corporate Development. Prior to that, Chet spent over 13 years at GE in various general management, sourcing and M&A related roles within GE’s Industrial and Energy businesses and at the company’s headquarters. His last assignment at GE was Chief Operating Officer for GE Energy Global Nuclear Fuels business.

Chet began his career as a consultant with Mercer Management Consulting. He earned his Bachelor of Science in Chemical Engineering from Brown University and a Master of Business Administration from Harvard University.

“Chet brings a rich set of general management and M&A experience with industrial businesses that we believe will be extremely useful in leading the Masonite Components business and contributing to the broader leadership team,” stated Fred Lynch, President and CEO. “His wealth of manufacturing business experience and strong management skills will further our efforts to deliver value-creating products and services within the Components business.”

About Masonite

Masonite International Corporation is a leading global designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling; and the non-residential building construction markets. Since 1925, Masonite has provided its customers with innovative products and superior service at compelling values.

Source:

Joanne Freiberger, CPA, CTP, IRC – Vice President & Treasurer – jfreiberger@masonite.com – (813) 739-1808

Farand Pawlak, CPA – Director Investor Relations – fpawlak@masonite.com – (813) 371-5839

Source: Masonite International Corporation