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Local News

Jeld Wen's New President


Oregon largest privately held company is getting a new president. A Canadian firm that is in the process of taking over as a majority owner of Jeld Wen is putting Philip Orsino, 57, in that top spot. Bend financial advisor Troy Reinhart says he's not surprised by this move: “It’s not to be unexpected. It’s just a little faster. I think they just want to get in their and roll up their sleeves, because they have really been beat up in this economy." Orsino replaces Rod Wendt who remains the Chief Executive of the Klamath Falls based company. Managers of ONEX, a Toronto based company, had said Orsino would become president when the $864 million deal closed, but Jeld Wen says he has already stepped in directing day to day operations.

 

 

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