Masco Corporation (NYSE:MAS) announced today that its Chairman Emeritus Richard Manoogian passed away on September 25, 2026, at the age of 90.

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Richard Manoogian was the son of Alex and Marie Manoogian. Alex, an Armenian immigrant and founder of Masco Corporation, brought to market the single-handle Delta® faucet, which today is a leading brand in the home improvement and remodeling industry.

Richard joined Masco in 1958. With his strong leadership skills, he was elected to Masco's Board in 1964 and named President and Chief Operating Officer in 1968. In his mid-twenties, Richard developed and then oversaw the execution of a bold expansion plan that ushered in an era of rapid growth at Masco that has rarely been equaled in American industry. During the period 1960-1980, under Richard’s leadership, Masco expanded its operations into the building and home improvement industries and acquired more than 100 companies.

In 1985, Richard was named Chairman of the Board and Chief Executive Officer. In 2007, after almost 50 years with the Company, Richard stepped down as Chief Executive Officer and became Masco’s Executive Chairman. When he joined Masco, Company sales were $55 million. When he concluded his service as CEO in 2007, sales exceeded $8 billion. In 2012, he was named Chairman Emeritus.

Richard's five decades of contributions to Masco were immeasurable. He served on Masco’s Board of Directors for almost 50 years and as Chairman of the Board for over 27 years. During his tenure, he was the architect of Masco's dramatic growth and navigated the Company through different transformations, enabling Masco to become a global leader in the design, manufacture and distribution of branded home improvement and building products.

"There are not enough words to adequately recognize the lifelong accomplishments, contributions and impact of Richard Manoogian. Richard lived a long, successful life and leaves behind a legacy from his role at Masco and as a philanthropist, renowned art collector and community leader. His integrity, his commitment to excellence and respect and care for each person will forever be a part of Masco." said Jon Nudi, President and CEO of Masco Corporation.

Richard fully embraced his family's legacy by employing his skills, resources, and time to make the community a better place. In lieu of flowers and in his memory, he would be honored if donations were made to the following organizations: AGBU Alex & Marie Manoogian School, St. John’s Armenian Church and Mackinac Island Community Foundation, specifically, the Richard and Jane Manoogian Fund for the Conservation and Preservation of Open Spaces.

To learn more about Richard Manoogian’s countless contributions, his dynamic life and business impact, please visit Masco Corporation’s tribute at www.masco.com/richardmanoogian.

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; Liberty® branded decorative and functional hardware; 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.

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Media contact:

Sue Sabo

Director, Communications & Corporate Giving

Sue_sabo@mascohq.com