Olon Industries Appoints New President & CEO

Olon Industries (Ontario, Canada) is pleased to announce the appointment of Gregory J. Stoner as President and Chief Executive Officer, effective immediately. Mr. Stoner comes to Olon from his most recent position of President and CEO of Metrie, a manufacturer and distributor of molding and millwork products across the US and Canada. Prior to his tenure at Metrie, he had been President of MasterBrand Cabinets. Mr. Stoner brings 35 years of experience, including roles at General Electric and Newell-Rubbermaid, prior to joining MasterBrand Cabinets, a division of Fortune Brands Home and Security in 2004.

In addition to the overall responsibility for Olon Industries, he will also have responsibility for OL Frontal Solutions (“OLFS”) the joint venture formed in 2018 with LICAR spa (Pordenone, Italy). The JV operates from Jeffersonville, IN and the plant will focus on manufacturing high volume, fully assembled 5-piece cabinet doors and drawer fronts for major customers in North America.

As he joins the team, Mr. Stoner shared, “I am very excited to be joining Olon and OL Frontal Solutions, as well as coming back to an industry I have a tremendous amount of passion for. I’m looking forward to meeting the many Olon associates, as I travel to the various operating locations over the next few months.” he added.

Larry Repar of White Owl Investment Holdings, Olon’s principal shareholder, stated, “we are extremely pleased and excited Greg agreed to join Olon and OLFS to drive the growth mandate of the businesses over the next several years. With Greg’s extensive industry knowledge and relationships, successful leadership experience, and genuine excitement to join the team, Olon’s associates, customers and vendor partners will all benefit going forward.”

About Olon

Olon Industries is one of North America’s leading single-source manufacturers of quality components and custom solutions for the furniture and cabinet making industries. With over 35 years of entrepreneurial spirit and an unwavering commitment to supply customers with high-quality, cost saving products and solutions, these values remain the cornerstone and spirit of Olon today. Olon facilities are located in Georgetown, ON; Geneva, IL; Washington & Jeffersonville, IN and Lexington & Union Grove, NC. More information: www.olon.com

Contact:

Jennifer Rapagna – Sales & Marketing Coordinator – jrapagna@olon.com – (905) 877-7300 ext. 231

Source: Olon Industries Inc.