Philip Orsino Obituary Death News; Former President And CEO Of Masonite International Corporation Passes Away
Philip S. Orsino is a Canadian businessman. He is the former president and chief executive officer of Masonite International Corporation.
Born in Toronto, Ontario, he received a Bachelor of Arts degree in 1976 from the University of Toronto’s Victoria College. He became a Chartered Accountant in 1979 and later a partner in the firm of Hilborn, Ellis, Grant, Chartered Accountants. He was made a fellow of the Institute of Chartered Accountants in 1997.
In 1983, he co-founded Century Wood Door Limited and became the president and CEO in 1984. In 1989, it merged with its largest competitor, Premdor. In 2001, it acquired Masonite Corporation from International Paper and changed its name in 2002 to Masonite International Corporation. Masonite International was purchased by Kohlberg Kravis Roberts & Co. in December 2004 for C$3.1 billion.
He is a former member of the board of directors of the Bank of Montreal for 22 years where he served as Chair of the audit committee and member of the conduct review committee. He was also Chairman of the Board of Trustees of University Health Network until 2009. Today Philip serves as a Trustee on the UHN Foundation Board.
He is the author of Successful Business Expansion: Practical Strategies for Planning Profitable Growth (1994, ISBN 0-471-59737-6).
In 2011, he was appointed president of JELD-WEN, Inc., as part of a partnership with ONEX, a Canadian equity investment firm.
