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Stock impact report

MasterBrand Adds Patrick Shannon to Board of Directors

MasterBrand, Inc. (MBC) 
Company Research Source: Business Wire
CLEVELAND--(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 Show less Read more
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