Anthony DiLucente Appointed Chief Financial Officer of Masonite International; Fred Arnold Concludes Assignment at Masonite



    MISSISSAUGA, ONTARIO, October 29 /CNW/ - Effective November 1st, Anthony
DiLucente will join Masonite as Chief Financial Officer of Masonite
International reporting to Fred Lynch, President and CEO.

    Tony joins Masonite with 28 years of experience, most recently as the
Vice President of Finance for Johns Manville's Engineered Products Group.
Prior to this role, Tony spent 10 years at Honeywell International (formerly
Allied Signal) in a variety of positions eventually becoming Vice President
and Chief Financial Officer of the Honeywell Nylon Group. Previously he had
spent 13 years with the DuPont Company including roles as Plant Controller and
Manager of Internal Audit. He began his career as a staff accountant at Arthur
Andersen in 1979.

    Tony earned his MBA in General Management from the University of Delaware
and his Bachelor of Arts and Science in Accounting and Finance from Duquesne
University.

    "Tony's leadership experience in Finance and General Management at
leading manufacturing companies will add significant value to our global
organization," said Fred Lynch, President and CEO of Masonite. "His knowledge
in cost accounting, financial controls, business analysis and strategic
planning will help provide the guidance and direction to drive continuous
improvement at Masonite."

    Fred Arnold, Executive Vice President of Finance for Masonite
International will be completing his assignment and helping transition his
responsibilities over the next several weeks to Tony DiLucente, the newly
hired Chief Financial Officer for the company.

    Fred began this role with Masonite in February of 2006. Prior to joining
Masonite, Fred served as the Group Chief Administrative Officer at Willis
Group Holdings which like Masonite had been taken private by Kohlberg Kravis
and Roberts and where he played an important role in the turnaround and
subsequent successful IPO of the company.

    When Masonite found itself without a Chief Financial Officer in early
2006, Fred agreed to step in and lead the finance organization to help build
capabilities and develop talent throughout the finance team.

    "Today we have a finance organization with stronger values, more talent,
and better processes thanks to Fred's leadership," said Fred Lynch, President
and CEO. "Fred Arnold has been tireless in his efforts to drive improvements
at Masonite and we thank him for his help, guidance and support."




For further information:

For further information: Masonite International, Mississauga Richard
Drouin, 905-670-6847

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MASONITE INTERNATIONAL

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