-

Masco Corporation Commits $1,000,000 to Support COVID-19 Relief

LIVONIA, Mich.--(BUSINESS WIRE)--As part of its ongoing effort to create strong communities, Masco Corporation is redirecting its community outreach budget for 2020 to provide $1 million in support to nonprofit organizations meeting the urgent needs of those impacted by COVID-19. This funding, provided to nonprofits in the U.S. and Canada near its business units and headquarters, will support both short- and long-term relief efforts including food, shelter, health and human services, and financial assistance programs.

Some of the funding will be donated to United Way branches near its employee populations to take advantage of United Way’s expertise in coordinating disaster response for each region’s unique needs. Remaining funds will be allocated to individual shelters and food banks with strong experience serving our most vulnerable neighbors and local medical centers instrumental in the treatment and fight against COVID-19.

In addition to cash grants, several of Masco’s business units are in the early stages of exploring their ability to assist in the manufacture of parts for medical devices and have already assisted local charities and first-line health care professionals by purchasing and donating personal protective equipment such as masks and hand sanitizers.

“Masco will continue to search for ways we can make an impact during this challenging time,” said Keith Allman, president and CEO of Masco. “We are proud to be able to support our communities with critical funding, and we are immensely grateful to the nonprofits that are working tirelessly to meet the increasing needs of those affected by this crisis.”

About Masco Corporation

Headquartered in Livonia, Michigan, Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Our portfolio of industry-leading brands includes Behr® paint; Delta® and Hansgrohe® faucets, bath and shower fixtures; Kichler® decorative and outdoor lighting; and HotSpring® spas. We leverage our powerful brands across product categories, sales channels and geographies to create value for our customers and shareholders. For more information about Masco Corporation, visit www.masco.com.

Contacts

Media Contact
Sue Sabo
Director – Communications and Corporate Giving
313-792-6226
sue_sabo@mascohq.com

Masco Corporation

NYSE:MAS

Release Versions

Contacts

Media Contact
Sue Sabo
Director – Communications and Corporate Giving
313-792-6226
sue_sabo@mascohq.com

More News From Masco Corporation

Masco Corporation Announces $300 Million Accelerated Share Repurchase

LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), today announced it has entered into an accelerated share repurchase (“ASR”) agreement with Royal Bank of Canada to repurchase $300 million of Masco’s common stock. This agreement is part of Masco’s existing share repurchase authorization under which $2 billion of authority was announced on February 10, 2026. Under the ASR agreement, Masco will receive initial delivery of approximately 3.3 million shares on May 7, 2026 representing...

Masco Corporation Reports First Quarter 2026 Results

LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its first quarter 2026 results. 2026 First Quarter Results On a reported basis, compared to the first quarter 2025: Net sales increased 6 percent to $1,918 million; net sales increased 4 percent in local currency Plumbing Products’ net sales increased 9 percent; in local currency net sales increased 7 percent Decorative Architectura...

Masco Corporation Announces Leadership Changes

LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), a global leader in the design, manufacture and distribution of branded home improvement and building products, today announced the upcoming retirements from Masco of longstanding executives, Jai Shah, Group President, Plumbing and Wellness, and Rick Marshall, Vice President, Masco Operating System, effective July and September 2026, respectively. Throughout the course of his 23-year career at Masco, Jai has held a variety of leader...
Back to Newsroom