Jeld-Wen appoints president from Onex Corp.


Jeld-Wen Inc. appointed a president from Onex Corp., the Canadian company that is preparing to take control over Oregon’s largest privately held company.

Share this article!

Jeld-Wen Inc. appointed a president from Onex Corp., the Canadian company that is preparing to take control over Oregon’s largest privately held company.

Philip Orsino, former head of Masonite International Corp., has stepped in as Jeld-Wen president, replacing Rod Wendt, who remains chief executive of the Klamath Falls-based company. 

Managers of Onex, a Toronto-based private-equity firm, had said Orsino, 57, would become president when the $864 million deal closed. But Jeld-Wen now says Orsino is already stepping in, directing day-to-day operations. 

“Jeld-Wen decided not to wait for the closing of the transaction,” a Jeld-Wen release said, “and instead appointed Orsino ahead of schedule so that he could immediately participate in key initiatives.”

Read more at OregonLive.com.

{biztweet}jeld-wen{/biztweet}




Latest from Oregon Business Team