Dec. 5, 2007 - New President And Chief Operating Officer At Masco
Barry, who first joined Masco in 1972 as a controller in one of the company's operating
divisions, rose through the ranks to eventually lead corporate-wide global
operations. Richard Manoogian, Executive Chairman stated: "We have
been fortunate, for over 35 years, to have the benefit of Alan's vision,
operational skills and total dedication to Masco. He has spearheaded much
of Masco's strategic direction in
recent years and has made significant contributions to our growth and success. He
has been the driver of our emphasis on developing new innovative products, and
we will benefit from his efforts for years to come."
Timothy Wadhams added, "Masco's leadership transition during the past year
has been seamless, in large part, due to Alan's guidance and insight. He
has had a close working relationship with Donny DeMarie for more than 12 years,
and Alan's coaching and mentoring have helped position Donny for his new
responsibilities. Donny and I are both
grateful to Alan for his commitment to our personal development. His leadership
in implementing Masco's strategic focus on rationalizing our portfolio of
operating divisions, streamlining our operations, reducing costs, developing
growth strategies and increasing profits and returns to generate greater value
for our shareholders is greatly appreciated."