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United States

Lydall Inc (LDL.N)

LDL.N on New York Stock Exchange

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22 Mar 2017
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Summary

Name Age Since Current Position

W. Duffy

76 2004 Independent Chairman of the Board

Dale Barnhart

63 2007 President, Chief Executive Officer, Director

Scott Deakin

49 2015 Chief Financial Officer, Executive Vice President

Joseph Abbruzzi

57 2014 President - Industrial Filtration

Paul Marold

54 2016 President - Lydall Performance Materials

James Laughlan

43 2013 Chief Accounting Officer, Vice President, Treasurer

Chad McDaniel

43 2013 Vice President, General Counsel, Secretary

William Feld

53 2014 Vice President, General Manager of Lydall Thermal/Acoustical Fibers

William Hume

53 2014 Senior Vice President, General Manager of Lydall Thermal/Acoustical Metals

Kathleen Burdett

60 2003 Independent Director

Matthew Farrell

59 2003 Independent Director

Marc Giles

60 2008 Independent Director

William Gurley

67 2006 Independent Director

Suzanne Hammett

60 2000 Independent Director

S. Soderstrom

62 2003 Independent Director

Biographies

Name Description

W. Duffy

Mr. W. Leslie Duffy, Esq., is Independent Chairman of the Board of Lydall, Inc. Mr. Duffy is a retired partner of the law firm of Cahill Gordon & Reindel LLP, an international law firm where he specialized in transactional and corporate governance matters from 1965 through 2012. Mr. Duffy has more than forty-five years of experience advising numerous business entities operating in a variety of industry sectors, including oil and gas, pharmaceuticals, healthcare, automotives, professional services, industrial manufacturing, telecommunications, consumer products, and food services, and on a variety of situations. The Board believes that his legal background and business experiences, together with his extensive knowledge of the Company’s operations and history, offer a valuable contribution to the Board, particularly on matters relating to corporate governance, board oversight and strategic acquisitions.

Dale Barnhart

Mr. Dale G. Barnhart serves as President, Chief Executive Officer, Director of Lydall Inc. Mr. Barnhart was the Chief Executive Officer of Synventive Molding Solutions, a manufacturer of hot runner systems, machine nozzles, temperature controllers and sprue bushings for the injection molding industry, from 2005 to 2007. Prior to that, Mr. Barnhart was a consultant working with two private equity groups and was President of Invensys Climate Control, a provider of products and services to the heating, ventilating and air conditioning and commercial refrigeration markets.

Scott Deakin

Mr. Scott M. Deakin serves as Chief Financial Officer, Executive Vice President of Lydall, Inc. Mr. Deakin will be joining Lydall from his position as the Executive Vice President and Chief Financial Officer of Ensign-Bickford Industries, Inc., a diversified global manufacturer with operating segments that serve the aerospace & defense, life sciences, specialty chemicals, and food & flavoring industries. Prior to Ensign-Bickford, Mr. Deakin served as a strategy and operations consultant, and held financial leadership and general manager roles with leading diversified companies, including Eaton Corporation and Barnes Group Inc. In his last role at Eaton, Mr. Deakin served as the General Manager of the Power Products Division, a leading global supplier of hydraulic pumps and motors. Mr. Deakin holds an MBA from Carnegie Mellon University and an undergraduate degree in business administration from Bowling Green State University.

Joseph Abbruzzi

Mr. Joseph A. Abbruzzi serves as President - Industrial Filtration of the Company. He is formerly Senior Vice President, General Manager of Lydall Thermal/Acoustical Fibers since March 14, 2011. He is Vice President & General Manager, Guardian Automotive, Glass Division (2007 - 2010), a manufacturer of glass products for commercial, residential, interiors, automotive, energy/solar, and technical glass industries.

Paul Marold

Mr. Paul A. Marold is President - Lydall Performance Materials of the company. He holds a B.S. in Petroleum & Natural Gas Engineering from The Pennsylvania State University and completed his post-graduate studies at INSEAD in Fontainebleau, France. He is a member of the Executive Committee of the Board of Directors of the Association of the Nonwovens Fabrics Industry (INDA) and a former member of the Board of Directors of the National Air Filtration Association (NAFA).

James Laughlan

Mr. James V. Laughlan is Chief Accounting Officer, Vice President, Treasurer of Lydall, Inc. Prior to that, Mr. Laughlan was formerly Chief Accounting Officer, Controller and Treasurer (July 27, 2012); formerly Chief Accounting Officer and Controller (March 29, 2010). Mr. Laughlan is a certified public accountant.

Chad McDaniel

Mr. Chad A. McDaniel serves as Senior Vice President, Chief Administrative Officer, General Counsel, Secretary of Lydall, Inc. Formerly Vice President, General Counsel and Secretary (May 10, 2013); Associate General Counsel, United Technologies Corporation (“UTC”), Sikorsky Aircraft division (2012 – 2013), Director; Executive Assistant to the President, UTC Fire & Security division (2010 – 2012); UTC is a manufacturer of high-technology products and services for the global aerospace and building systems industries.

William Feld

Mr. William M. Feld serves as Vice President, General Manager of Lydall Thermal/Acoustical Fibers of the Company. Formerly Vice President of Operations, Performance Materials (December 10, 2012); formerly Director Engineering, Lydall Thermal/Acoustical Metals (July 11, 2011); Principle, BNJS Management Group, (2009 - 2011), a consulting group providing expertise relating to start-up, business development, and operations excellence.

William Hume

Mr. William J. Hume serves as Senior Vice President, General Manager of Lydall Thermal/Acoustical Metals of the Company. Formerly Senior Vice President, General Manager, Charter Medical Ltd. (January 2, 2012), formerly Director Lean Six Sigma, Lydall, Inc. (September 12, 2011), formerly General Manager, Affinity, a former subsidiary of Lydall,Inc. (March 9, 2009).

Kathleen Burdett

Ms. Kathleen Burdett is Independent Director of Lydall, Inc. Ms. Burdett served as Vice President and Chief Financial Officer of Dexter Corporation (“Dexter”), a developer and manufacturer of nonwoven products primarily used in the food packaging, medical, and hygiene markets, specialty polymers primarily used in the aerospace and electronics markets and precise, reproducible biological, and biochemical products used for applications in the life sciences industry, from 1994 until Dexter’s merger with Invitrogen Corporation (“Invitrogen”), in 2000. From 2000 until her retirement in 2002, Ms. Burdett served as a consultant to Invitrogen. Prior to that, Ms. Burdett served as the Controller and Principal Accounting Officer of Dexter and as a member of the Board of Directors of Life Technologies, Inc. (“Life Technologies”), a majority owned subsidiary of Dexter, and as Chair of the Audit Committee and as a member of the Executive Committee and the Compensation Committee of Life Technologies. As the former Vice President and Chief Financial Officer of a publicly held manufacturing company that manufactured and sold nonwoven fiber products, Ms. Burdett is familiar with the markets in which the Company’s Performance Materials business operates. In addition to her relevant industry experience, Ms. Burdett has experience serving as a Director of another publicly held company where she chaired its Audit Committee and served as a member of its Executive and Compensation Committees.

Matthew Farrell

Mr. Matthew T. Farrell is Independent Director of Lydall, Inc. Mr. Farrell is Chief Executive Officer of Church & Dwight Co., Inc. (“Church & Dwight”), which manufactures and markets a wide range of personal care, household and specialty products. In 2015, Mr. Farrell was Executive Vice President, Chief Financial Officer and Chief Operating Officer of Church & Dwight. From 2007 through 2014, Mr. Farrell was Chief Financial Officer of Church & Dwight. Prior to that, Mr. Farrell was Chief Financial Officer of Alpharma Inc., a specialty pharmaceutical company; he served as Vice President, Investor Relations & Communications at Ingersoll-Rand Ltd., and he held various senior financial positions at AlliedSignal Inc. Mr. Farrell began his career with KPMG Peat Marwick LLP, where he was an audit partner. As the Chief Executive Officer and former Chief Financial Officer of a publicly held manufacturing business, and a member of the executive management team of another publicly held company, Mr. Farrell has industry experience and knowledge relevant to the Company’s business. He also has prior experience serving as an audit partner of KPMG Peat Marwick LLP. In addition, Mr. Farrell has professional expertise from senior management positions he has held in investor relations and communications. The Board believes that his background, business experiences and knowledge offer a valuable contribution to the Board, particularly on matters relating to manufacturing, finance, audit, investor relations and communications.

Marc Giles

Mr. Marc T. Giles is Independent Director of Lydall, Inc. Mr. Giles currently holds directorships at the following public companies: (1) Checkpoint Systems, Inc., a global leader in merchandise availability solutions for the retail industry, since March 2013, where he also serves as Chair of the Audit Committee and as a member of the Compensation Committee; (2) Intevac, Inc., a leader in thin film processing technologies and developer of advanced high sensitivity digital sensors, cameras, and integrated systems, since May 2014, where he also serves as a member of the Audit Committee; and (3) Gerber Scientific, Inc. (“Gerber Scientific”), a manufacturer that provides software, computerized manufacturing systems, supplies and services to a variety of industries in over 100 countries, since 2001. He was the President and Chief Executive Officer of Gerber Scientific from 2001 until 2012 and provided transitional services through his retirement in 2012. Mr. Giles previously served as Senior Vice President and President of Gerber Technology, Inc. (“Gerber Technology”), a subsidiary of Gerber Scientific. Prior to joining Gerber Technology, he served in several senior positions in business unit management, strategy development, mergers and acquisitions and sales and marketing management with FMC Corp., a manufacturer of machinery and chemicals. As the former President and Chief Executive Officer of a global manufacturing business which is comparable in size to the Company and was public until 2011, Mr. Giles is knowledgeable about general management and strategic planning, mergers and acquisitions, sales and marketing and business development. In addition to his business experience, Mr. Giles is also the Director of three other public companies.

William Gurley

Mr. William D. Gurley is Independent Director of Lydall, Inc. From 2005 to 2011, Mr. Gurley served as a member of the New England Advisory Council of the Federal Reserve Bank of Boston. From 1995 until his retirement in 2006, Mr. Gurley served as President and Chief Executive Officer of Stanadyne Corporation (“Stanadyne”), an engine components and fuel systems manufacturer for industries including automotive and filtration. Prior to that, Mr. Gurley held various senior executive positions at Stanadyne, including Executive Vice President of Marketing, Engineering and Operations. From 1989 to 2006, Mr. Gurley served on Stanadyne’s Board of Directors. Prior to joining Stanadyne, Mr. Gurley worked in the Automotive Products Division of Garrett Corporation and the Packard Electric Division of General Motors Corporation. As the former President and Chief Executive Officer of a manufacturer of engine components and fuel filtration systems and as a result of his prior work experience for the executive management teams of other businesses serving the industry, Mr. Gurley is knowledgeable about the automotive industry in which the Company operates. He also has experience in marketing, engineering, operations and strategic planning of highly engineered products in both publicly owned and privately held companies in the United States, Europe, Asia and South America.

Suzanne Hammett

Ms. Suzanne Hammett is the Independent Director of Lydall, Inc. Since 2007, Ms. Hammett has been the Executive Vice President and Chief Commercial Credit Risk Officer for Capital One, N.A., a diversified bank that offers financial products and services to consumers, small businesses and commercial clients. Prior to joining Capital One, N.A., Ms. Hammett served as the Executive Vice President, Chief Risk Officer for the Radian Group Inc., a credit enhancement company, from 2005 to 2007. Ms. Hammett began her career with J.P. Morgan Chase & Co., where she was an Executive Vice President and held numerous senior positions, including Head of Credit Risk Policy, during her 28 year tenure. As the Executive Vice President and Chief Commercial Credit Risk Officer of one of the largest banking institutions in the United States, and with her prior experience working for a number of other financial institutions and investment banks, Ms. Hammett is knowledgeable about commercial finance, business analysis and credit risk management, all of which are important to the Company’s business.

S. Soderstrom

Mr. S. Carl Soderstrom, Jr., is Independent Directors of Lydall, Inc. Mr. Soderstrom currently is a member of the Board of Directors of FreightCar America, Inc. and serves as Chair of the Audit Committee and as a member of their Nominating and Corporate Governance Committee. In addition, Mr. Soderstrom currently is a member of the Board of Directors of Westar Energy, Inc. and serves as a member of both their Audit and their Finance Committees. From 1986 until his retirement in 2004, Mr. Soderstrom held various senior positions at Rockwell International (“Rockwell”), most recently at the automotive business of Rockwell (subsequently spun off and merged to form ArvinMeritor, Inc., now known as Meritor, Inc. At the time, ArvinMeritor was a global supplier of a broad range of integrated systems, modules and components serving light vehicle, commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets. Mr. Soderstrom served as Senior Vice President and Chief Financial Officer at the time of his retirement. Prior to joining Rockwell, Mr. Soderstrom held management positions at General Electric Company and Emerson Electric Co. With his 18 years experience in a variety of senior positions at a global supplier to the automotive industry, most recently as Senior Vice President and Chief Financial Officer, Mr. Soderstrom is knowledgeable about the automotive industry in which the Company operates. In addition to his industry experience, he serves as the Director of two other public companies, is a member of an Audit, a Finance and a Nominating and Corporate Governance Committee, and Chair of an Audit Committee. He brings extensive experience in product engineering, quality management, manufacturing, finance and procurement to our Board.

Basic Compensation

Name Fiscal Year Total

W. Duffy

176,521

Dale Barnhart

2,543,110

Scott Deakin

1,214,940

Joseph Abbruzzi

837,932

Paul Marold

--

James Laughlan

419,943

Chad McDaniel

727,066

William Feld

--

William Hume

--

Kathleen Burdett

132,021

Matthew Farrell

118,021

Marc Giles

103,521

William Gurley

114,021

Suzanne Hammett

115,021

S. Soderstrom

122,021
As Of  30 Dec 2015