Masco

AGREEMENT GRADE
f
Fortune 500 Rank (2018)
373
OWLER CEO APPROVAL RATING
79/100
GLASSDOOR RATING
3.5/5
CEO
Keith J. Allman

Masco Corporation is a manufacturer of products for the home improvement and new home construction markets. Comprising more than 20 companies, the Masco conglomerate operates nearly 60 manufacturing facilities in the United States and over 20 in other parts of the world.

AG Sources

The combatants here, Masco Corporation and its former employee, Peter Prostyakov, have fought each other tooth and nail through arbitration, litigation in this district court, an appeal to the Seventh Circuit and, after affirmation on appeal, a subsequent reopening of the lawsuit to allow satisfaction of a more than $700,000 judgment confirming a 2005 arbitration award in favor of Prostyakov. The basis for the arbitration award was the arbitrator’s determination that Masco had violated a settlement agreement entered into by the parties in 1996 when Prostyakov ceased being employed by Masco. With a satisfied judgment, one might think the bout between the two would end; and yet, the dispute continues with the current fight venued both in this court and in an arbitration proceeding being pursued through the International Centre for Dispute Resolution (“ICDR”). -Masco Corp. v. Peter Prostyakov

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