Masco names new CFO
Masco Corporation announced the election of Richard (Rick) Westenberg as vice president and chief financial officer, effective Oct. 16.
The home improvement products manufacturer said Westenberg is a seasoned executive who brings to Masco over 25 years of experience, including nearly 15 years leading global finance organizations.
Most recently, he served as vice president and CFO of General Motors North America, overseeing the financial management and financial performance of this approximately $125 billion segment, and leading a team across the United States, Canada, and Mexico.
Prior to that, he served as vice president of finance and CFO of SAIC-General Motors, GM’s approximately $30 billion joint venture in China, with responsibility as a member of the executive committee for the key operational and strategic decisions of the joint venture.
“I am very pleased to welcome Rick to Masco’s leadership team,” said Keith Allman, Masco president and CEO. “Rick is a strategic, accomplished leader with extensive financial and operational experience. His demonstrated excellence in leading diverse international teams and driving results in a global manufacturing business will be extraordinarily valuable to us as we continue to build upon our strong financial and operational foundation and deliver long-term value for our shareholders.”
Based in Livonia, Michigan, Masco’s portfolio of brands includes Behr paint; Delta and Hansgrohe faucets, bath and shower fixtures; Kichler decorative and outdoor lighting; and HotSpring spas.
