Three Manufacturers Announce Top Management Changes
Wadhams, who joined the company in 1976, most recently was senior vice
president and CFO. DeMarie, who was Masco’s group president for the
Installation and Other Services segment, will continue to oversee that segment.
He also will assume an increasing leadership role for Masco operating divisions
as Alan Barry, Masco’s president and chief operating officer, transitions
toward his previously announced retirement in early 2008.
Sznewajs will remain treasurer and continue to oversee the corporate
development function he directed as vice president for corporate development.
Manoogian was formerly the CEO and is only the second chairman and CEO in
Masco’s 78-year history. As executive chairman he will remain actively involved
with corporate strategy and other business matters as well as external
activities and relations, including those with business, government and
community leaders.