Jeld-Wen Holding Inc. nominated Tracey Joubert, Cynthia Marshall and David Nord to its Board of Directors. These nominations, if approved by stockholders at the Annual Meeting of Stockholders on April 29, will expand Jeld-Wen’s Board to 12 members, increasing the number of women to 25 percent and the number of independent directors to 66 percent.
Tracey Joubert has served as the chief financial officer of Molson Coors Beverage Co. since 2016 and previously served as executive vice president and chief financial officer of MillerCoors from 2012 until her current appointment.
Cynthia Marshall is CEO of the Dallas Mavericks, a role she was appointed to in 2018. She previously founded Marshalling Resources, a consulting firm specializing in leadership, diversity and inclusion, after serving as senior vice president of human resources and chief diversity officer at AT&T. Marshall also served as president of AT&T-North Carolina.
David Nord is executive chairman of Hubbell Inc. He served as the company’s chairman and CEO from June 2019 until his retirement in October 2020 and chairman, president and CEO from May 2014 to June 2019. Nord joined Hubbell in 2005 as senior vice president and chief financial officer. Prior to joining Hubbell, Nord held various senior financial positions at United Technologies Corp.
“We are thrilled to nominate Tracey, Cynt and Dave to JELD-WEN’s Board,” says Matt Ross, chairman of the Board of Directors. “They bring a wealth of leadership experience spanning the areas of strategic planning, human capital management, product innovation, M&A and finance. This board expansion strengthens Jeld-Wen’s diversity of viewpoints and talent while also maintaining institutional knowledge as the company executes its strategy of value creation for our stockholders and other stakeholders.”
Jeld-Wen also announced that Martha “Stormy” Byorum is retiring from the Board at the conclusion of the Annual Meeting, in accordance with the Board’s mandatory retirement age policy.
“On behalf of the Board, I would like to thank Stormy for her years of service and commitment to the success of Jeld-Wen during her tenure as a Board member,” says Ross. “Her insights have been valuable during a time of transformation.”
Following Byorum’s retirement and the election of the director nominees, the Board will be increased to 12 directors, seven of whom will have joined the Board within the past five years.
