Masco Corporation (NYSE: MAS), a global leader in the design, manufacture and distribution of branded home improvement and building products, today announced the upcoming retirements from Masco of longstanding executives, Jai Shah, Group President, Plumbing and Wellness, and Rick Marshall, Vice President, Masco Operating System, effective July and September 2026, respectively.
Throughout the course of his 23-year career at Masco, Jai has held a variety of leadership roles in finance, human resources, corporate strategy and group operations, demonstrating his extensive strategic and operational versatility. During his tenure, Jai served as the President of Delta Faucet Company and has held the position of Group President with oversight of all businesses in Masco’s portfolio.
Rick Marshall’s 37 years of service have included leadership roles in manufacturing, supply chain, and customer service. His extensive operational background helped accelerate the adoption of the Masco Operating System across the enterprise, standardizing the Company’s enterprise approach to strategic planning, accountability, and continuous improvement.
“Through their commitment to high performance and integrity, both Jai and Rick have garnered the respect of employees and other key stakeholders they have worked with throughout the years. Their insight, leadership, and commitment have helped shape our organization, and their contributions will continue to impact the organization for years to come,” said Jon Nudi, Masco’s President and Chief Executive Officer.
The Company has implemented plans to ensure a smooth transition, enhance its procurement expertise, and further streamline the organization. In conjunction with these plans, the Company is announcing the following leadership appointments, all of whom will report to Jon Nudi:
- Jill Ehnes is assuming an expanded leadership role with her appointment as President of Delta Faucet Company and North America Plumbing; she will continue to be a member of Masco’s Executive Committee. She previously served as President of Delta Faucet Company.
- Arun Iyer has been promoted to Masco’s Vice President, Chief Supply Chain Officer & Masco Operating System and appointed to Masco’s Executive Committee. He previously served as Delta Faucet Company’s Vice President, Supply Chain & Service.
- Steven Nikolopoulos has been named Masco’s Vice President, Chief Procurement Officer and appointed to Masco’s Executive Committee. Steve joins the organization from Newell Brands, where he held the position of Chief Procurement Officer for the last nine years.
Lastly, Hans-Juergen Kalmbach, President of Hansgrohe, and Steve Stigers, President of Watkins Wellness, will remain on the Executive Committee and will report to Jon Nudi. With this reporting change, the leaders of Masco’s four largest businesses – Behr Paint Company, Delta Faucet Company, Hansgrohe, and Watkins Wellness — will report directly to Nudi, further streamlining the Executive Committee.
Nudi continued, “With the deep experience of our current leaders, combined with external expertise, Masco’s Executive Committee is well positioned to provide focus, agility, and drive greater alignment between corporate and business unit priorities, enabling the strong execution of our growth strategy.”
Nudi concluded, “On behalf of Masco and the countless employees who have worked alongside Jai and Rick, I extend our deepest gratitude to them for their years of dedicated service and meaningful contributions. We wish them the very best in their upcoming retirements. With these transitions, we move forward with great confidence in our new Executive Committee members and our vision for Masco’s future.”
About Masco
Headquartered in Livonia, Michigan, Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Our portfolio of industry-leading brands includes Behr® paint; Delta® and hansgrohe® faucets, bath and shower fixtures; Liberty® branded decorative and functional hardware; and HotSpring® spas. We leverage our powerful brands across product categories, sales channels, and geographies to create value for our customers and shareholders. For more information about Masco Corporation, visit www.masco.com.
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