Andersen Corp., the Bayport-based maker of window and door products, announced that it has named Donald Allan Jr. to be its new lead independent director.
Allan, a senior vice president and chief financial officer of Stanley Black & Decker Inc., has been a board member of privately-held Andersen Corp. since November 2015. He will be succeeding John (Jack) Morrison as lead independent director as part of a planned transition.
Jay Lund, chairman and CEO of Andersen Corp., thanked Morrison for his guidance and years of service in a company news release and introduced Allan.
“As lead independent director, Don will fulfill an important role in our commitment to best practices in corporate governance and the representation of all Andersen shareholders,” said Lund. “Don’s knowledge of the industry, broad business experience and thoughtful leadership will serve us well.”
Morrison, a managing director of the Minneapolis-based private-equity investment firm Goldner Hawn Johnson & Morrison, has been serving on the board of Andersen Corp. since 1997. In 2009 Morrison became lead independent director.
Morrison will retire from the board in 2017.