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8-K

JELD-WEN Holding, Inc. (JELD)

8-K 2022-06-21 For: 2022-06-21
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Added on April 10, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): June 21, 2022

JELD-WEN HOLDING, INC.

(Exact name of registrant as specified in its charter)

Delaware 001-38000 93-1273278
(State or other jurisdiction<br>of incorporation) (Commission<br>File Number) (I.R.S. Employer<br>Identification Number)

2645 Silver Crescent Drive

Charlotte, North Carolina 28273

(Address of principal executive offices) (Zip code)

Registrant's telephone number, including area code: (704) 378-5700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2 below):

| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | | --- | --- || ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | | --- | --- || ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | | --- | --- || ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c)) | | --- | --- |

Securities Registered Pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock (par value $0.01 per share) JELD New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 21, 2022, JELD-WEN Holding, Inc. (the “Company”) announced Julie C. Albrecht will join the Company as Executive Vice President and Chief Financial Officer, effective July 18, 2022. Ms. Albrecht currently serves as Chief Financial Officer of Sonoco Products Company, one of the largest sustainable global packaging companies with sales of $5.6 billion in 2021.

Ms. Albrecht has more than 30 years of finance experience and joined Sonoco in March 2017 as Corporate Vice President, Treasurer and Assistant CFO before being named Vice President and CFO in 2019. Prior to Sonoco, she served as Vice President, Finance, Investor Relations and Treasurer for Esterline Technologies Corporation, a $2 billion global manufacturer for the aerospace and defense markets. Earlier, Ms. Albrecht held positions of increasing responsibility at United Technologies, Goodrich and Coltec Industries. She began her finance career at PricewaterhouseCoopers. Ms. Albrecht earned her bachelor’s degree in accounting at Wake Forest University.

There are no family relationships, as defined in Item 401(d) of Regulation S-K, between Ms. Albrecht and any of the Company’s directors or executive officers, or persons nominated or chosen to become a director or an executive officer. There is no arrangement or understanding between Ms. Albrecht and any other person pursuant to which she was selected as the Company’s Chief Financial Officer, and she does not have any direct or indirect material interest in any transaction or proposed transaction required to be disclosed at this time under Item 404(a) of Regulation S-K. The Company will report Ms. Albrecht’s compensation upon her effective date.

The Company issued a press release announcing the appointment of Ms. Albrecht and a copy is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description
99.1 Press Release, dated June 21, 2022.
104 Cover Page Interactive Data file (formatted as Inline XBRL).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 21, 2022 JELD-WEN HOLDING, INC.
By: /s/ Roya Behnia
Roya Behnia
Executive Vice President, General Counsel and Chief Compliance Officer

EXHIBIT INDEX

Exhibit No. Description
99.1 Press Release, dated June 21, 2022.
104 Cover Page Interactive Data file (formatted as Inline XBRL).

a99

Exhibit 99.1 JELD-WEN, Inc. 2645 Silver Crescent Drive, Charlotte, NC 28273 USA www.jeld-wen.com JELD-WEN NAMES JULIE C. ALBRECHT CHIEF FINANCIAL OFFICER CHARLOTTE, N.C., June 21, 2022 – JELD-WEN Holding, Inc. (NYSE:JELD), a leading global manufacturer of building products, today announced Julie C. Albrecht will join JELD-WEN as executive vice president and chief financial officer, effective July 18, 2022. Albrecht joins JELD- WEN from Sonoco, one of the largest global sustainable packaging companies with 2021 sales of $5.6 billion, where she has served as CFO since March 2019. She will replace EVP and Acting CFO David Guernsey who will transition into another leadership role. “Julie is a proven finance executive who has successfully led large global teams for public companies, and we are excited to have her join the JELD-WEN team,” said Chair and CEO Gary S. Michel. “The breadth and depth of her background in finance, combined with her strong leadership skills, will help us further engage investors as we execute our multi-faceted growth strategy. We continue to be focused on growing market share, expanding margins and delivering increased shareholder value.” Albrecht is a seasoned executive with more than 30 years of experience. She joined Sonoco in 2017 as corporate vice president, treasurer and assistant CFO before being named CFO in 2019. Prior to Sonoco, Albrecht served as vice president, finance, investor relations and treasurer for Esterline Technologies Corporation (acquired by TransDigm in 2019), a $2 billion global manufacturer for the aerospace and defense markets. Earlier, Albrecht held positions of increasing responsibility at United Technologies, Goodrich and Coltec Industries. She began her finance career at PricewaterhouseCoopers. Albrecht earned her bachelor’s degree in accounting at Wake Forest University. “JELD-WEN has an exciting future,” said Albrecht. “I look forward to working with Gary and JELD- WEN’s talented team to further advance the company’s financial performance and continue its business growth trajectory.” ### About JELD-WEN Headquartered in Charlotte, N.C., JELD-WEN is a leading global manufacturer of high-performance interior and exterior building products, offering one of the broadest selections of windows, interior and exterior doors, and wall systems. JELD-WEN delivers a differentiated customer experience, providing construction professionals with durable, energy-efficient products and labor-saving services that help them maximize productivity and create beautiful, secure spaces for all to enjoy. The JELD-WEN team is driven by innovation and committed to creating safe, sustainable environments for customers, associates, and local communities. The JELD-WEN family of brands includes JELD- WEN® worldwide; LaCantina™ and VPI™ in North America; Swedoor® and DANA® in Europe; and Corinthian®, Stegbar®, and Breezway® in Australia. Visit JELD-WEN.com for more information.


Forward-Looking Statements This release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements by our CEO and statements regarding our business strategies and future financial performance. Forward-looking statements are generally identified by our use of forward-looking terminology such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, or “intend” or comparable terminology. Although we believe these statements are based on reasonable expectations, assumptions, estimates and projections, they are only predictions and involve known and unknown risks, many of which are beyond our control that could cause actual outcomes and results to be materially different from those indicated in such statements. Risks and uncertainties that could cause actual results to differ materially from such statements include but are not limited to the factors discussed in our Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this release are made as of the date hereof, and except as required by law, we undertake no obligation to update after the date of this release. Media Contact: JELD-WEN Holding, Inc. Colleen Penhall Vice President, Corporate Communications 980-322-2681 cpenhall@jeldwen.com Investor Relations Contact: JELD-WEN Holding, Inc. Chris Teachout Director, Investor Relations 704-378-7007 investors@jeldwen.com