MasterBrand Adds Patrick Shannon to Board of Directors
March 27 2024 - 4:05PM
Business Wire
MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”),
the largest residential cabinet manufacturer in North America,
today announced that Patrick Shannon was appointed to the Company’s
Board of Directors effective immediately.
“Patrick is a seasoned executive with extensive financial
leadership experience and a track record of operational
excellence,” said Dave Banyard, President and Chief Executive
Officer. “We are pleased to add Patrick to our Board and look
forward to benefiting from his expertise with spin-offs and the
building products industry as we continue to evolve our
strategy.”
Mr. Shannon most recently served as the Senior Vice President
and Chief Financial Officer for Allegion plc, a global provider of
mechanical and electronic security access control products and
solutions for commercial and residential markets, following its
spin-off from Ingersoll Rand in 2013 to 2022. Prior to the
spin-off, he served 12 years with Ingersoll Rand in various
leadership positions across multiple divisions and corporate
headquarters. Mr. Shannon has also served as Senior Vice President
and Chief Financial Officer at OneCoast Network Holdings, where he
also held the position of interim Chief Executive Officer, and at
AGCO Corporation. He began his career at Arthur Andersen LLC and
was a licensed Certified Public Accountant in the State of Georgia.
Mr. Shannon has served on the board of directors of Astec
Industries since 2024.
Mr. Shannon holds a BBA in accounting from the University of
Georgia and an MBA from Mercer University.
About MasterBrand:
MasterBrand, Inc. (NYSE: MBC) is the largest manufacturer of
residential cabinets in North America and offers a comprehensive
portfolio of leading residential cabinetry products for the
kitchen, bathroom and other parts of the home. MasterBrand products
are available in a wide variety of designs, finishes and styles and
span the most attractive categories of the cabinets market: stock,
semi-custom and premium cabinetry. These products are delivered
through an industry-leading distribution network of over 4,400
dealers, major retailers and builders. MasterBrand employs over
12,000 associates across more than 20 manufacturing facilities and
offices. Additional information can be found at
www.masterbrand.com.
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Investor Relations: Investorrelations@masterbrand.com Media
Contact: Media@masterbrand.com
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