People: Ashland Inc (ASH.N)

ASH.N on New York Stock Exchange

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Summary

Name Age Since Current Position

James O'Brien

59 2002 Chairman of the Board, Chief Executive Officer

J. Kevin Willis

48 2013 Chief Financial Officer, Senior Vice President

Susan Esler

52 2011 Chief Human Resources and Communications Officer, Vice President

Peter Ganz

2012 Senior Vice President, General Counsel, Secretary

Luis Fernandez-Moreno

51 2013 Senior Vice President, President - Specialty Ingredients

Theodore Harris

48 2011 Senior Vice President; President - Global Supply Chain, Performance Materials

Samuel Mitchell

52 2011 Senior Vice President, President - Consumer Markets

John Panichella

54 2013 Senior Vice President, President - Water Technologies

Steven Post

59 2011 Vice President - Operations and Environmental, Health and Safety

Anne Schumann

53 2009 Vice President, Chief Information and Administrative Services Officer

J. William Heitman

59 2008 Vice President, Controller

Walter Solomon

53 2005 Chief Growth Officer, Vice President

Barry Perry

67 2010 Lead Independent Director

Brendan Cummins

62 2012 Independent Director

Roger Hale

70 2001 Independent Director

Stephen Kirk

64 2013 Independent Director

Vada Manager

52 2008 Independent Director

Mark Rohr

62 2008 Independent Director

George Schaefer

68 2003 Independent Director

Janice Teal

61 2012 Independent Director

John Turner

72 2006 Independent Director

Michael Ward

63 2001 Independent Director

Jason Thompson

Director - Investor Relations

Biographies

Name Description

James O'Brien

Mr. James J. O'Brien is no longer Chairman of the Board, Chief Executive Officer of Ashland Inc., effective December 31, 2014. Prior to this position, Mr. O’Brien was President and Chief Operating Officer of Ashland and Senior Vice President and Group Operating Officer of Ashland. He also served as the President of Valvoline from 1995 to 2001. Mr. O’Brien holds a Bachelor of Science degree in accounting and finance and a Masters in Business Administration from The Ohio State University. Mr. O’Brien is a Director of Humana Inc., where he serves on the Investment and Audit Committees. Mr. O’Brien serves as a member of the Dean’s Advisory Council for the Fisher Graduate College of Business at The Ohio State University. Mr. O’Brien also serves on the national Board of Directors of Big Brothers/Big Sisters. He is Chairman of the Board of Trustees for Midway College in Kentucky and a member of the American Chemistry Council.

J. Kevin Willis

Mr. J. Kevin Willis is Chief Financial Officer, Senior Vice President of Ashland Inc. Willis joined Ashland in 1987 as an associate auditor. He served in various management positions of increasing responsibility, including teams on projects in the business services, information technology, accounting and finance areas. Among the positions he previously held were treasurer and general auditor at Ashland. Earlier in his career, Willis spent nearly three years in The Netherlands helping lead Ashland's effort to standardize processes and implement accounting and other administrative shared services across European operations. He earned a bachelor's degree in accounting and an executive MBA from the Kellogg School of Management at Northwestern University.

Susan Esler

Ms. Susan B. Esler is Chief Human Resources and Communications Officer, Vice President of Ashland Inc. She has served in such capacities since 2006 and July 2011, respectively. During the past five years, she has also served as Vice President, Human Resources and Communications of Ashland.

Peter Ganz

Mr. Peter J. Ganz is Senior Vice President, General Counsel, Secretary of Ashland Inc. He is Senior Vice President, General Counsel and Secretary of Ashland and has served as Senior Vice President and General Counsel since July 2011 and Secretary since November 2012. During the past five years, he has also served as a partner with Sedgwick LLP, an international law firm, and as Executive Vice President, General Counsel and Secretary of Foster Wheeler AG, a global engineering and construction contractor and power equipment supplier.

Luis Fernandez-Moreno

Mr. Luis Fernandez-Moreno is Senior Vice President, President - Specialty Ingredients of the Company. He previously served as Executive Vice President of Arch Chemicals, Inc., where he was responsible for the wood protection and HTH water products businesses, up until Arch Chemicals Inc. was acquired by Lonza Group Ltd. in October 2011. Prior to that, Mr. Fernandez-Moreno served as Business Group Vice President, Dow Coating Materials, a unit that was formed after Dow Chemical Co. acquired Rohm & Haas Co. in 2009. Mr. Fernandez-Moreno spent more than 25 years with Rohm & Haas in a series of leadership positions, including directing businesses such as paint and coating materials, plastic additives and printing technologies. Fernandez-Moreno earned a Bachelor of Science degree in chemical engineering from Universidad Iberoamericana in Mexico City. He also completed the Wharton Management Program at The Wharton School at the University of Pennsylvania.

Theodore Harris

Mr. Theodore L. Harris is Senior Vice President; President - Global Supply Chain, Performance Materials of Ashland Inc. He has served in such capacities since July 2011, 2008 and 2009, respectively. During the past five years, he has also served as Vice President of Ashland; President of Environmental, Health and Safety and Information Technology; President of Ashland Distribution and General Manager of the Composite Polymers Division of Ashland.

Samuel Mitchell

Mr. Samuel J. Mitchell, Jr., is Senior Vice President, President - Consumer Markets of Ashland Inc. He has served in such capacities since July 2011 and 2002, respectively. During the past five years, he has also served as Vice President of Ashland.

John Panichella

Mr. John E. Panichella is Senior Vice President, President - Water Technologies of Ashland Inc. He previously served as Senior Vice President and President of Specialty Ingredients from January 2011 to October 2013, and Group Operating Officer from September 2012 to October 2013. During the past five years, he has also served as Vice President of Ashland, President of Ashland Aqualon Functional Ingredients and Vice President and President-Aqualon Division of Hercules.

Steven Post

Mr. Steven E. Post is Vice President - Operations and Environmental, Health and Safety of Ashland Inc. During the past five years, he has also served as Senior Vice President, Operations-Specialty Chemicals for ISP’s global manufacturing operations.

Anne Schumann

Ms. Anne T. Schumann is Vice President, Chief Information and Administrative Services Officer of Ashland Inc. She has served in such capacities since 2008 and 2009, respectively. During the past five years, she has also served as Vice President, Acquisition Integration of Ashland and Vice President, Information Technology and Human Resources of Hercules.

J. William Heitman

Mr. J. William Heitman is Vice President, Controller of Ashland Inc. He has served in such capacities since 2008. During the past five years, he has also served as Controller of the North American Operations of The Goodyear Tire & Rubber Company, where he was responsible for accounting, control and financial services.

Walter Solomon

Mr. Walter H. Solomon is Chief Growth Officer, Vice President of Ashland Inc. He has served in such capacities since 2005. During the past five years, he has also served as Senior Vice President and General Manager-Retail Business of Valvoline.

Barry Perry

Mr. Barry W. Perry is Lead Independent Director of Ashland Inc. Mr. Perry served as Chairman and Chief Executive Officer of Englehard Corporation from January 2001 to June 2006. Prior to this position, he held various management positions with Englehard Corporation beginning in 1993. From 1991 to 1993, Mr. Perry was a Group Vice President of Rhone-Poulene. Prior to joining Rhone-Poulene, he held a number of executive positions with General Electric Company. Mr. Perry holds a Bachelor of Science degree in plastics engineering from the University of Massachusetts. Mr. Perry is also a director of Arrow Electronics, Inc., where he serves on the Compensation and Audit Committees; Cookson Group PLC, where he serves on the Audit and Compensation Committees; and Albemarle Corporation.

Brendan Cummins

Mr. Brendan Matthew Cummins is an Independent Director of Ashland Inc., effective May 17, 2012. Mr. Cummins served as a global strategic advisor to, and on the senior executive panel of, The Valence Group, a specialist mergers and acquisitions firm from 2010 until May 2012. Prior to that position, Mr. Cummins served with Ciba Specialty Chemicals as Chief Executive Officer from 2007 to 2008 and as Chief Operating Officer from 2005 to 2007. From 1974 to 2005, Mr. Cummins held a variety of international and senior management positions with Ciba. Mr. Cummins is an Associate and Fellow of the Institute of Company Accountants, is a Fellow of the Association of International Accountants and received a Diploma in Company Direction from the Institute of Directors in 2010. He also completed a management development program at Harvard in 1989.

Roger Hale

Mr. Roger W. Hale is an Independent Director of Ashland Inc. He is currently an independent consultant. He served as Chairman of the Board and Chief Executive Officer of LG&E Energy Corporation, a diversified energy services company headquartered in Louisville, Kentucky, from August 1990 until retiring in April 2001. Prior to joining LG&E Energy, he was Executive Vice President of BellSouth Corporation, a communications services company in Atlanta, Georgia. From 1966 to 1986, Mr. Hale held several executive positions with AT&T Co., a communications services company, including Vice President, Southern Region from 1983 to 1986. Mr. Hale holds a Bachelor of Arts degree from the University of Maryland and a Masters of Science in Management from the Massachusetts Institute of Technology, Sloan School of Management. Mr. Hale is a Director of Hospira, Inc., where he is the Chairman of the Compensation Committee and a member of the Governance and Public Policy Committee and the Science, Technology and Quality Committee. During the past five years, Mr. Hale also served on the board of directors of H&R Block, Inc. as Presiding Director.

Stephen Kirk

Mr. Stephen F. Kirk is an Independent Director of the Company. Stephen Kirk brings global chemical industry experience to Ashland’s board, having served in a series of senior management roles during a distinguished 40-year career at Lubrizol. Kirk served as chief operating officer of Lubrizol from 2008 until his retirement in late 2011 following the company’s acquisition by Berkshire Hathaway. Prior to that, Kirk served as corporate senior vice president and president of Lubrizol Additives, from 2004 to 2008. From 1996 through 2004, he held senior roles in sales and marketing. In addition, Kirk served on the board of Robbins & Myers until its recent acquisition by National Oilwell Varco. Kirk currently serves as Executive in Residence at the Monte Ahuja College of Business at Cleveland State University and as chairman of the Cleveland State University Foundation Board and a member of the Cleveland State University board of trustees. He earned bachelor’s and master’s degrees in chemical engineering from Cornell University, as well as an MBA from Cleveland State University.

Vada Manager

Mr. Vada O. Manager is an Independent Director of Ashland Inc. Mr. Manager is Senior Vice President of APCO Worldwide, a strategic consulting company. Prior to this position, he was an independent global consultant. Mr. Manager served as the Senior Director of Global Issues Management for Nike, Inc. from 2006 until March 2009, and he held various management positions at Nike beginning in 1997. Before joining Nike, he performed a similar role for Levi Strauss & Co. and was also a Vice President of the Washington, D.C.-based public affairs firm, Powell Tate, a part of Weber Shandwick. Mr. Manager holds a Bachelor of Science degree in political science from Arizona State University and performed graduate work at the London School of Economics.

Mark Rohr

Mr. Mark C. Rohr is an Independent Director of Ashland Inc. Mr. Rohr is Executive Chairman of the Board of Albemarle Corporation, a specialty chemical company. He will serve in this position until February 1, 2012. Prior to this position, he held several executive positions with Albemarle, including Chief Executive Officer, President and Chief Operating Officer. Before joining Albemarle, he served with Occidental Chemical Corp. as Senior Vice President—Specialty Chemicals. Effective April 2, 2012, Mr. Rohr will become the Chairman of the Board and Chief Executive Officer of Celanese Corporation, a specialty materials and chemical products company. Mr. Rohr holds Bachelor of Science degrees in chemistry and chemical engineering from Mississippi State University. Mr. Rohr is a Director of Celanese Corporation, where he chairs the Nominating and Corporate Governance Committee and is a member of the Environmental, Health and Safety Committee. Mr. Rohr serves on the Executive Committee of the American Chemistry Council and the Advisory Board of Mississippi State University College of Arts and Sciences.

George Schaefer

Mr. George A. Schaefer, Jr., is an Independent Director of Ashland Inc. He served as Chairman of the Board of Directors of Fifth Third Bancorp headquartered in Cincinnati, Ohio until June, 2008. Prior to this position, he held several executive positions with Fifth Third, including Chief Executive Officer, President and Chief Operating Officer. Mr. Schaefer holds a Bachelor of Science degree from the U.S. Military Academy at West Point and a Masters in Business Administration from Xavier University. Mr. Schaefer is a Director of Wellpoint Inc., where he chairs the Audit Committee and is a member of the Executive and Compensation Committees. Mr. Schaefer is a member of the Board of Trustees of the University of Cincinnati Healthcare System.

Janice Teal

Dr. Janice J. Teal, Ph.D., is an Independent Director of Ashland Inc., effective September 19, 2012. Dr. Teal brings 28 years of leadership and scientific research experience to Ashland’s board. Prior to her retirement from Avon in 2010, she led the company’s global research and development team of chemists and scientists, with responsibility for the development and support of Avon’s worldwide product lines. Before that, Dr. Teal served as vice president of the Avon Skin Care Laboratories, where she led the bioscience research and skin care teams that ultimately led to the growth of the Anew Skin Care brand to over $1 billion in sales. She had additional responsibility for development of Avon’s vitamin and nutritional lines. Dr. Teal joined Avon in 1982 as a program leader in toxicology and built Avon’s first pharmacokinetics and cell culture laboratories. She earned a Ph.D. in pharmacology from Emory University and served as a Research Fellow in toxicology at New York University. She previously served on the board of directors of Arch Chemicals, which was acquired last year by Lonza Group Ltd. In addition to serving on the Ashland board, she is a trustee of Dominican College.

John Turner

Mr. John F. Turner is an Independent Director of Ashland Inc. Mr. Turner served as Assistant Secretary of State for the U.S. Department of State’s Bureau of Oceans and International and Scientific Affairs in Washington, D.C., from November 2001 until July 2005. Prior to serving at the Department of State, he was President and Chief Executive Officer of The Conservation Fund, a non-profit organization dedicated to conserving America’s natural and historic heritage. Mr. Turner also served in the Wyoming state legislature for 19 years and is a past president of the Wyoming State Senate. He is also a managing partner in The Triangle X Ranch in Wyoming. Mr. Turner holds a Bachelor of Arts degree in biology from the University of Notre Dame and a Master of Science degree in wildlife ecology from the University of Michigan. Mr. Turner is a Director of Peabody Energy Company, where he serves on the Compensation and Nominating and Corporate Governance Committees; International Paper Company, where he chairs the Public Policy and Environment Committees and serves on the Governance Committee; and American Electric Power Company, Inc., where he is a member of the Audit and Nuclear Oversight Committees. Mr. Turner is Chairman of the Ruckelshaus Institute of Environmental Natural Resources at the University of Wyoming and Senior Associate of The Conservation Fund.

Michael Ward

Mr. Michael J. Ward is an Independent Director of Ashland Inc. He is Chairman of the Board and Chief Executive Officer of CSX Corporation. Prior to this position, he was President of CSX Transportation, the corporation’s rail unit. Mr. Ward holds a Bachelor of Arts degree from the University of Maryland and a Masters in Business Administration from the Harvard Business School. Mr. Ward is a Director of the American Coalition for Clean Coal Electricity, City Year and Take Stock in Children. His other business affiliations include The Florida Council of 100, The Business Roundtable and the HSC Foundation.

Jason Thompson

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