TAYLOR, Mich., May 5 /PRNewswire-FirstCall/ -- Masco Corporation (MAS) announced today that W. Timothy Yaggi has been appointed Group President, effective June 2. Mr. Yaggi will be responsible for the North America Builder Group which includes Masco Contractor Services, Service Partners, the Builder Cabinet Group (Merillat and Quality Cabinets), Masco Framing, and Milgard Windows and Doors. "Tim has been successful in both the highly competitive retail and builder channels and his hire will be a nice addition to our management team," said Donny DeMarie, Masco Executive Vice President and Chief Operating Officer. "He has a proven track record of leading with a clear strategic vision, building strong brands and launching successful new products and services. Tim is focused on the customer and shares our passion for building solid relationships to drive mutually beneficial results. In addition, he's been recognized throughout his career for building talented and effective teams." Prior to joining Masco, Mr. Yaggi had been with Whirlpool since 1994, most recently as Executive Vice President, Market Operations, North America, with responsibility for brand marketing, product management and development, and sales and supply chain management. Throughout his career at Whirlpool, he held a number of senior management positions involving global brand management, product development and strategy. In 2007, Mr. Yaggi was named Alumnus of the Year by the Eli Broad Graduate School of Management at Michigan State University. Mr. Yaggi holds a Master of Business Administration in Marketing from Michigan State University and a Bachelor of Art degree in Psychology from Princeton University. Headquartered in Taylor, Michigan, Masco Corporation is one of the world's leading manufacturers of home improvement and building products, as well as a leading provider of services that include the installation of insulation and other building products. For more information, visit http://www.masco.com/. Statements contained herein that reflect the Company's views about its future performance constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These views involve risks and uncertainties that are difficult to predict and, accordingly, the Company's results may differ materially from the results discussed in such forward-looking statements. For an explanation of various factors that may affect our performance, refer to our most recent Annual Report on Form 10-K (particularly the "Risk Factors" section) and to any subsequent Quarterly Reports on Form 10-Q, all of which are on file with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The Company believes that certain non-GAAP performance measures and ratios that may be contained herein, used in managing the business, may provide users of this financial information with additional meaningful comparisons between current results and results in prior periods. Non-GAAP performance measures and ratios should be viewed in addition to, and not as an alternative for, the Company's reported results under accounting principles generally accepted in the United States. Additional information about the Company is contained in the Company's filings with the Securities and Exchange Commission and is available on Masco's website at http://www.masco.com/ DATASOURCE: Masco Corporation CONTACT: Media, Sharon Rothwell, Vice President - Corporate Affairs, +1-313-792-6028, , or Investors, Maria Duey, Vice President - Investor Relations, +1-313-792-5500, Web site: http://www.masco.com/ Company News On-Call: http://www.prnewswire.com/comp/535350.html

Copyright