secwatch / observer

JELD-WEN Holding, Inc. — fact timeline

Source-grounded facts extracted from JELD-WEN Holding, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

JELD JELD-WEN Holding, Inc. JSON
Earnings Releases

JELD-WEN Holding, Inc. reported the three months ended March 28, 2026 results: revenue $722.1 million, net income ($76.8) million, EPS ($0.90) per share.

“today announced results for the three months ended March 28, 2026. Comparability is to the same period in the prior year. First Quarter 2026 Highlights • Net revenues of $722.1 million decreased (6.9%) in the first quarter driven by a decrease in Core Revenues of (10%) combined with a decrease in net revenues from the court-ordered divestiture of Towanda of”
Restructurings & Charges

JELD-WEN Holding, Inc. announced a restructuring with charges of approximately $10 million to $20 million affecting North America and Corporate (approximately 11% (approximately 850 employees)).

“On November 3, 2025, the Company announced a plan to reduce its North America and Corporate workforce by approximately 11% (approximately 850 employees) (the “ 2025 Restructuring Plan ”) to align its cost structure and improve operational efficiency. The Company estimates that it will incur charges of approximately $10 million to $20 million in connection with the 2025 Restructuring Plan, primarily consisting of expenditures for severance payments, employee benefits and other related costs.”
Debt Financings

JELD-WEN Holding, Inc. amended revolving credit with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto maturing March 2028.

“7, dated as of June 15, 2023), by and among the Company, JW, Inc., JW Canada, the other borrowers and subsidiary guarantors party thereto, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto.”
M&A Transactions

JELD-WEN Holding, Inc. completed a disposition involving WG Towanda LLC and Woodgrain Inc. for $115 million (closed 2025-01-17).

“JW, Inc. completed the sale of its Towanda, Pennsylvania business and related assets to Purchaser (the “ Transaction ”) for a purchase price of $115 million, subject to customary closing adjustments.”

Kevin Lilly retired as Executive Vice President, Global Transformation at JELD-WEN Holding, Inc..

“On January 3, 2025, JELD-WEN Holding, Inc. (the “Company”) entered into a Separation and Release Agreement with Kevin Lilly, Executive Vice President, Global Transformation, in connection with his previously announced decision to retire from the Company on such date.”

Kevin Lilly departed as Executive Vice President, Global Transformation at JELD-WEN Holding, Inc..

“On October 25, 2024, Kevin Lilly, Executive Vice President, Global Transformation, notified JELD-WEN Holding, Inc. (the “Company”) of his decision to retire from the Company.”

Julie Albrecht resigned as Executive Vice President and Chief Financial Officer at JELD-WEN Holding, Inc..

“Ms. Albrecht will step down from her role on June 30, 2024 and will serve in an advisory capacity for a period of time to ensure continuity and a successful transition.”
Earnings Releases

JELD-WEN Holding, Inc. reported the first quarter ended March 30, 2024 results: revenue $959.1 million, net income $(27.7) million, EPS $(0.32) per share. Guidance reaffirmed.

“the Company's Australasia segment as a discontinued operation, as appropriate and unless otherwise noted. First Quarter Highlights • Net revenues from continuing operations of $959.1 million decreased (11.2%) in the first quarter driven by a (12%) Core Revenue decline as a result of (12%) lower volume/mix due to weak macro-economic conditions. • Net loss from”
Restructurings & Charges

JELD-WEN Holding, Inc. announced a restructuring with charges of approximately $45 million affecting manufacturing facilities in Vista, California and Hawkins, Wisconsin.

“in a continuing effort to simplify the Company’s footprint and drive operational efficiencies. In connection with the Site Closures, the Company expects to incur approximately $45 million in pre-tax restructuring expenses and other closure costs, including building restoration, equipment relocation and employee-related costs, as well as asset-related charges.”

Antonella B. Franzen was appointed as Director at JELD-WEN Holding, Inc..

“the Board increased the size of the Board from ten to eleven directors and appointed Antonella B. Franzen to serve as a director of the Company, each effective March 1, 2024”

Suzanne Stefany departed as Director at JELD-WEN Holding, Inc..

“Suzanne Stefany notified the board of directors (the “ Board ”) of JELD-WEN Holding, Inc. (the “ Company ”) of her decision not to stand for reelection to the Board at the expiration of her current term at the Company’s 2024 Annual Meeting of Stockholders”
Earnings Releases

JELD-WEN Holding, Inc. reported full year 2024 results: revenue Net revenues of $4.0 to $4.3 billion. Guidance initiated.

“2024 Full-Year Guidance • Net revenues of $4.0 to $4.3 billion • Adjusted EBITDA of $370 to $420 million”
Governance Changes

JELD-WEN Holding, Inc.: Fourth Amended and Restated Bylaws adopted, clarifying stockholder notice disclosure requirements, incorporating Rule 14a-19(b) requirements, and updating for recent DGCL amendments (effective 2024-02-06).

“On February 6, 2024, the Board of Directors of JELD-WEN Holding, Inc. (the “Company”) approved and adopted the Fourth Amended and Restated Bylaws of the Company (the “Bylaws”).”
Material Agreements

JELD-WEN Holding, Inc. amended Term Loan Amendment with lenders party thereto, Bank of America, N.A., as administrative agent (effective 2024-01-19).

“On January 19, 2024, JELD-WEN Holding, Inc., a Delaware corporation (the “ Company ”), JELD-WEN, Inc., a wholly-owned subsidiary of the Company (“ JW, Inc. ”), and the other guarantors party thereto entered into an Amendment No. 8 (“ Term Loan Amendment ”) to its existing Term Loan Credit Agreement (“ Term Loan Agreement ”), dated as of October 15, 2014”
Earnings Releases

JELD-WEN Holding, Inc. reported the third quarter ended September 30, 2023 results: revenue $1,077.0 million, net income $16.9 million, EPS $0.20 per share. Guidance raised.

“Net revenue for the three months ended September 30, 2023 decreased ($63.0) million, or (5.5%), to $1,077.0 million, compared to $1,140.0 million for the same period last year. The decrease in net revenue was driven by a (7%) Core Revenue decline composed of lower volume/mix (10%) partially offset by higher price realization of 3%. Net income from continuing operations was $16.9 million in the third quarter, compared to a ($45.1) million net loss in the same period last year, an increase of $62.0 million.”

John Krause departed as Senior Vice President and General Manager, North America at JELD-WEN Holding, Inc..

“On August 11, 2023, John Krause, Senior Vice President and General Manager, North America, notified JELD-WEN Holding, Inc. (the “Company”) of his decision to leave the Company to pursue other opportunities.”
Earnings Releases

JELD-WEN Holding, Inc. reported second quarter ended July 1, 2023 results: revenue $1,125.8 million, net income $22.5 million, EPS $0.26 per share. Guidance raised.

“is raising its full-year guidance for continuing operations to reflect its solid second quarter results. Second Quarter Highlights • Net revenues from continuing operations of $1,125.8 million decreased 4.5% in the second quarter driven by a (4%) decline in Core Revenue. The Core Revenue decline was driven by (11%) lower volume/mix partially offset by +7% price”

Michael F. Hilton was appointed as director at JELD-WEN Holding, Inc..

“On August 3, 2023, the board of directors (the “ Board ”) of JELD-WEN Holding, Inc. (the “ Company ”) increased the size of the Board from nine to ten directors and appointed Michael F. Hilton to serve as a director of the Company.”
M&A Transactions

JELD-WEN Holding, Inc. completed a disposition involving Aristotle Holding III Pty Limited for approximately $446 million (closed 2023-07-02).

“a subsidiary, all of the assets and operations of the Company’s Australasia business (the “ Disposal Transaction ”) . The Company received net cash proceeds of approximately $446 million from the Disposal Transaction. The foregoing description of the Sale Agreement and the Disposal Transaction does not purport to be complete and is qualified in its entirety by”
Debt Financings

JELD-WEN Holding, Inc. amended term loan of Unchanged with Bank of America, N.A., as administrative agent at Replaced London Interbank Offered Rate with Term SOFR as successor benchmark rat maturing Unchanged.

“The Term Loan Amendment replaces the London Interbank Offered Rate with Term SOFR (as defined in the Term Loan Agreement) as the successor benchmark rate and made certain other technical amendments and related conforming changes. All other material terms and conditions of the Term Loan Agreement were unchanged.”
Debt Financings

JELD-WEN Holding, Inc. amended revolving credit of Unchanged with Wells Fargo Bank, National Association, as administrative agent at Replaced London Interbank Offered Rate with Term SOFR as successor benchmark rat maturing Unchanged.

“The Credit Agreement Amendment replaces the London Interbank Offered Rate with Term SOFR (as defined in the Credit Agreement) as the successor benchmark rate and made certain other technical amendments and related conforming changes. All other material terms and conditions of the Credit Agreement were unchanged.”
Material Agreements

JELD-WEN Holding, Inc. amended Term Loan Credit Agreement with Bank of America, N.A. valued at Amendment No. 7 to Term Loan Credit Agreement dated October 15, 2014, replacing LIBOR with Term SOFR (effective 2023-06-16).

“On June 16, 2023, the Company, JW, Inc., and the other guarantors party thereto entered into an Amendment No. 7 (" Term Loan Amendment ") to its existing Term Loan Credit Agreement (" Term Loan Agreement "), dated as of October 15, 2014 (as amended by Amendment No. 1, dated as of July 1, 2015, Amendment No. 2, dated as of November 1, 2016, Amendment No. 3, dated as of March 7, 2017, Amendment No. 4, dated as of December 14, 2017, Amendment No. 5, dated as of September 20, 2019, and Amendment No. 6, dated as of July 28, 2021), by and among the Company, JW, Inc., the other guarantors party thereto, the lenders party thereto, Bank of America, N.A., as administrative agent, and the other parties thereto.”
Material Agreements

JELD-WEN Holding, Inc. amended Revolving Credit Agreement with Wells Fargo Bank, National Association valued at Amendment No. 7 to Revolving Credit Agreement dated October 15, 2014, replacing LIBOR with Term SOFR (effective 2023-06-15).

“On June 15, 2023, JELD-WEN Holding, Inc., a Delaware corporation (the " Company "), JELD-WEN, Inc., a wholly-owned subsidiary of the Company (" JW, Inc. "), JELD-WEN of Canada, Ltd., a wholly-owned subsidiary of the Company (" JW Canada "), and other borrowers and subsidiary guarantors party thereto entered into an Amendment No. 7 (" Credit Agreement Amendment ") to its existing Revolving Credit Agreement (" Credit Agreement "), dated as of October 15, 2014 (as amended by Amendment No. 1, dated as of July 1, 2015, Amendment No. 2, dated as of November 1, 2016, Amendment No. 3, dated as of December 14, 2017, Amendment No. 4, dated as of December 21, 2018, Amendment No. 5, dated as of December 31, 2019, and Amendment No. 6, dated as of July 28, 2021), by and among the Company, JW, Inc., JW Canada, the other borrowers and subsidiary guarantors party thereto, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto.”
Earnings Releases

JELD-WEN Holding, Inc. reported the three months ended April 1, 2023 results: revenue $1,222.6 million, net income $15.1 million, EPS $0.18 per share. Guidance raised.

“is raising its full-year guidance on the remaining business to reflect its first quarter results and ongoing cost reduction activities. First Quarter Highlights • Net revenue of $1,222.6 million increased +4.4% in the first quarter driven by +7% Core Revenue growth. Core Revenue growth included +10% of price realization driven by continuing cost inflation and lower”
Shareholder Votes

JELD-WEN Holding, Inc. shareholders approved Ratification of Independent Auditor at the 2023-05-03 meeting.

“Proposal No. 3 – Ratification of Independent Auditor”
Shareholder Votes

JELD-WEN Holding, Inc. shareholders approved Non-Binding Advisory Vote on Executive Compensation at the 2023-05-03 meeting.

“Proposal No. 2 – Non-Binding Advisory Vote on Executive Compensation”
Shareholder Votes

JELD-WEN Holding, Inc. shareholders approved Election of Directors at the 2023-05-03 meeting.

“Proposal No. 1 – Election of Directors”
Material Agreements

JELD-WEN Holding, Inc. entered into Share Sale Agreement with Aristotle Holding III Pty Limited valued at approximately AUD $688 million (approximately USD $461 million based on AUD/USD 0.67) (effective 2023-04-17).

“On April 17, 2023, JELD-WEN Holding, Inc., a Delaware corporation (the " Company "), announced that it has completed the comprehensive review of strategic alternatives for its Australasia business, and that JW International Holdings, Inc. (" JW International "), a wholly-owned subsidiary of the Company, entered into a Share Sale Agreement (the " Sale Agreement ") with Aristotle Holding III Pty Limited (the " Buyer "), a subsidiary of Platinum Equity Advisors, LLC, pursuant to which JW International agreed to sell all of the outstanding capital stock of JELD-WEN Australia Pty. Ltd., a wholly-owned subsidiary of JW International that holds, directly or indirectly through a subsidiary, all of the assets and operations of the Company’s Australasia business (" JW Australia "), for a purchase price of approximately AUD $688 million (or approximately USD $461 million based on the AUD/USD foreign exchange rate of 0.67 as of April 17, 2023) (the " Transaction ").”

Scott Vining departed as Chief Accounting Officer at JELD-WEN Holding, Inc..

“Mr. Vining will be leaving the Company after the Company’s first quarter financial close to ensure a smooth transition.”

Michael A. Leon was appointed as Senior Vice President and Chief Accounting Officer at JELD-WEN Holding, Inc..

“On March 27, 2023, JELD-WEN Holding, Inc. (the “Company”) appointed Michael A. Leon as the Company’s Senior Vice President and Chief Accounting Officer, replacing Scott Vining.”

Timothy Craven departed as EVP, Human Resources at JELD-WEN Holding, Inc..

“On March 13, 2023, JELD-WEN Holding, Inc. (the “Company”) agreed with Timothy Craven, EVP, Human Resources, that Mr. Craven’s last day with the Company will be the earlier of four weeks after the hiring of his successor or July 31, 2023.”
Earnings Releases

JELD-WEN Holding, Inc. reported 2023 results: revenue $4.5 billion to $4.9 billion. Guidance initiated.

“2023 Full-Year Guidance • Net revenue of $4.5 billion to $4.9 billion • Adjusted EBITDA in a range of $360 million to $400 million”
Earnings Releases

JELD-WEN Holding, Inc. reported the full year ended December 31, 2022 results: revenue $5,129.2 million, net income $45.7 million or $0.53 per share, EPS $0.53 per share.

“to $120.1 million during the same quarter a year ago. Adjusted EBITDA margins contracted by 180 basis points year-over-year to 7.5%. Full Year Highlights • Net revenue of $5,129.2 million increased 7.5% driven by 12% Core Revenue growth. Core Revenue growth included (+13%) price realization mostly related to significant cost inflation, slightly offset by a”
Earnings Releases

JELD-WEN Holding, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $1,331.4 million, net income $33.6 million or $0.40 per share, EPS $0.40 per share.

“for the quarter and year ended December 31, 2022. Comparability is to the same period in the prior year, unless otherwise noted. Fourth Quarter Highlights • Net revenue of $1,331.4 million increased 3.5% in the fourth quarter driven by 9% Core Revenue growth. Core Revenue growth included (+12%) price realization driven by continuing cost inflation and (-3%) lower”

Roya Behnia departed as Executive Vice President, Chief Legal Officer and Corporate Affairs at JELD-WEN Holding, Inc..

“On February 15, 2023, Roya Behnia, Executive Vice President, Chief Legal Officer and Corporate Affairs, notified JELD-WEN Holding, Inc. (the “Company”) of her decision to retire from the Company. Roya will remain with the Company until July 7, 2023.”
Restructurings & Charges

JELD-WEN Holding, Inc. announced a restructuring with charges of approximately $19 million affecting manufacturing facility in Atlanta, Georgia.

“On January 26, 2023, JELD-WEN Holding, Inc. (the “Company”) announced to employees a restructuring plan to close a manufacturing facility in Atlanta, Georgia in a continuing effort to optimize the Company’s footprint and drive operational efficiencies (the “Plan”). The Company expects to incur pre-tax restructuring expenses, other closure costs and capital spending, including building restoration, equipment relocation and employee-related costs, of approximately $19 million, substantially all of which are expected to be incurred by the end of the third quarter of 2023.”

Kevin Lilly was appointed as Executive Vice President, Global Transformation at JELD-WEN Holding, Inc..

“Mr. Kevin Lilly was appointed Executive Vice President, Global Transformation.”

William J. Christensen was appointed as Director at JELD-WEN Holding, Inc..

“Mr. Christensen was also appointed to the Company’s Board of Directors as a director at the same time.”

William J. Christensen was appointed as Chief Executive Officer at JELD-WEN Holding, Inc..

“the appointment of William J. Christensen as Chief Executive Officer of the Company, effective immediately.”
Earnings Releases

JELD-WEN Holding, Inc. updated its full year 2022 guidance (lowered).

“Adjusted EBITDA is updated to a range of $400 million to $420 million from the previous outlook of $430 million to $450 million.”
Earnings Releases

JELD-WEN Holding, Inc. reported the third quarter ended September 24, 2022 results: revenue $1,295.8 million, net income $33.2 million loss, EPS $0.39 loss per share.

“• Net revenue of $1,295.8 million increased 13.0% for the third quarter driven by 18% core revenue growth. Core revenue growth included 15% price realization and 3% positive volume/mix. • GAAP net loss was $33.2 million or $0.39 per share, compared to net income of $40.5 million or $0.41 per share during the same quarter a year ago.”

Catherine A. Halligan was appointed as director at JELD-WEN Holding, Inc..

“On September 5, 2022, the board of directors (the “Board”) of JELD-WEN Holding, Inc. (the “Company”) increased the size of the Board from seven to eight directors and appointed Catherine A. Halligan to serve as a director of the Company.”

David Guernsey departed as EVP, Strategic Programs at JELD-WEN Holding, Inc..

“On August 18, 2022, JELD-WEN Holding, Inc. (the “Company”) entered into a Departure and Release Agreement with David Guernsey, EVP, Strategic Programs. Mr. Guernsey will transition his responsibilities over the next 30 days and his last day with the Company will be on September 16, 2022.”

David Nord was elected as non-executive Chair at JELD-WEN Holding, Inc..

“David Nord, who is currently an independent director, has been elected to serve as the non-executive Chair of the Board.”

Kevin C. Lilly was appointed as Interim Chief Executive Officer at JELD-WEN Holding, Inc..

“the appointment of Kevin C. Lilly as Interim CEO”

Gary S. Michel resigned as Chair and Chief Executive Officer at JELD-WEN Holding, Inc..

“the resignation of Gary S. Michel as Chair and CEO, effective August 3, 2022”

David Guernsey changed role as other_named_officer at JELD-WEN Holding, Inc..

“Ms. Albrecht is succeeding David Guernsey, who will continue to serve in an executive leadership role at the Company.”

Julie C. Albrecht was appointed as Executive Vice President and Chief Financial Officer at JELD-WEN Holding, Inc..

“Julie C. Albrecht was appointed Executive Vice President and Chief Financial Officer of JELD-WEN Holding, Inc. (the “Company”), effective July 18, 2022.”

Julie C. Albrecht was appointed as Executive Vice President and Chief Financial Officer at JELD-WEN Holding, Inc..

“Julie C. Albrecht will join the Company as Executive Vice President and Chief Financial Officer, effective July 18, 2022.”

Daniel Castillo resigned as EVP and President, North America at JELD-WEN Holding, Inc..

“On May 4, 2022, the Company announced that Daniel Castillo, EVP and President, North America, will be resigning from that position, effective May 24, 2022, to pursue a different opportunity.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.