ROBERT F. CUMMINGS, JR.
Mr. Cummings joined the Grace Board on January 21, 2015. He brings to our Board more than 30 years of investment
banking experience advising corporate clients on financings, business
development, mergers and acquisitions, and other strategic financial
issues. He also has significant knowledge in the areas of technology,
private equity, and real estate. Mr. Cummings has substantial governance
and oversight experience developed as a director of multiple public
Mr. Cummings served as Vice Chairman of Investment Banking at JPMorgan Chase & Co. from 2010 until his retirement on February 1, 2016. From 2002 to 2009, Mr. Cummings served as a senior managing director at GSC Group, Inc., a privately held money management firm. He began his business career in the investment banking division of Goldman, Sachs & Co. in 1973 and was a partner of the firm from 1986 until his retirement in 1998. He served as an advisory director at Goldman Sachs until 2002. Mr. Cummings is a director of Corning Inc. and was a director of Viasystems Group, Inc. from 2002 until 2015.
Fred E. Festa
After 15 years leading Grace, Fred Festa retired as Chief Executive Officer on November 8, 2018. He now serves as Non-executive Chair of the Board. Mr. Festa first joined the Board on September 8, 2004. He brings to our Board his substantial leadership, sales and marketing, international business, and venture capital experience.
As former Chief Executive Officer, Mr. Festa has deep experience with all aspects of Grace's operations and strategy.
Mr. Festa joined Grace in 2003 and was elected Chief Executive Officer in 2005 and Chairman in 2008. He served as President from 2003 to 2011 and Chief Operating Officer from 2003 to 2005. Prior to joining Grace, Mr. Festa was a partner of Morganthaler Private Equity Partners, a venture capital and buyout firm, from 2002 to 2003. From 2000 to 2002, he was with ICG Commerce, Inc., a private company providing on-line procurement services, where he last served as President and Chief Executive Officer. Prior to that, he served as Vice President and General Manager of AlliedSignal's (now Honeywell) performance fibers business. Mr. Festa is a director of NVR, Inc., a publicly held home builder.
DIANE H. GULYAS
Ms. Gulyas joined the Board on january 21, 2015. She brings to our Board her substantial and varied management
experience and her strong skills in engineering, manufacturing (domestic
and international), marketing, and non-U.S. sales and distribution
gained as a senior executive of one of the world's largest chemical
companies. Ms. Gulyas also has governance and oversight experience from
her service as a senior executive of a public company and her prior
service on a public company board.
Ms. Gulyas served as President of the performance polymers business of E.I. du Pont de Nemours and Company which included DuPont's engineering polymers, elastomers and films business units from 2009 to 2014. Ms. Gulyas joined DuPont in 1978 and progressed through positions of increasing responsibility including a variety of sales, marketing, technical and systems development positions, primarily in DuPont's polymers business. Ms. Gulyas has served as vice president and general manager for DuPont's advanced fiber business and as group vice president of DuPont's electronic and communication technologies platform. In 2004, Ms. Gulyas was named chief marketing and sales officer of DuPont, responsible for corporate branding and marketing communications, market research, e-business and marketing/sales capability worldwide. Ms. Gulyas is a director of Mallinckrodt Pharmaceuticals and Expeditors International of Washington, Inc. and served as a director of Navistar International Corporation until 2012.
JULIE FASONE HOLDER
Ms. Holder joined the board on November 11, 2016. She brings to our Board strong international sales and
marketing experience as well as operational insight. She has deep
chemical industry knowledge and experience that provides an important
depth of understanding of how our businesses operate and interact with
customers and suppliers. Ms. Fasone Holder also brings substantial human
resources management experience.
Ms. Holder serves as the Chief Executive Officer of JFH Insights LLC, a consulting firm primarily dedicated to leadership coaching for high potential women executives, since founding the company in 2009. Previously, Ms. Holder served as Senior Vice President, Chief Marketing, Sales and Reputation Officer, U.S. Area Executive Oversight of The Dow Chemical Company from 2007 until her retirement in 2009. Before that, she was Dow's Vice President, Human Resources, Public Affairs and Diversity and Inclusion from 2006. Prior to that, Ms. Holder served in various positions with increasing seniority at Dow from 1975 to 2006, including several commercial leadership positions with global responsibilities. She currently serves on the board of Eastman Chemical Company and is on the Board of Trustees of the McLaren Northern MI Hospital.
HUDSON LA FORCE
On November 8, 2018, Mr. La Force was named Grace's President and Chief Executive Officer. Mr. La Force joined Grace in 2008 as Senior Vice President and Chief Financial Officer and became President and Chief Operating Officer in February 2016. He was elected to the Grace Board in November 2017.
Prior to joining Grace, he served as Chief Operating Officer and Senior Counselor to the Secretary at the U.S. Department of Education. He also served as a member of the President's Management Council. Before entering public service in 2005, Mr. La Force held general management and financial leadership positions with Dell, Inc. and AlliedSignal, Inc. (now Honeywell). He began his career at Emerson Electric Co. and Arthur Andersen & Co. He is a board member of Madison Industries, a Chicago-based industrial holding company, and a former board member of KIPP DC, a public charter school operator in Washington, D.C. Mr. La Force brings to our board his vision of the company's growth and value creation strategy, deep knowledge of the market dynamics and capabilities that drive the company's strategy, and comprehensive understanding of international business and strategic financial management.
Jeffry N. Quinn
Mr. Quinn joined the Board on November 7, 2012. He brings to our Board his extensive senior level executive
leadership experience in specialty chemicals and other industries and
his broad experience in a wide range of functional areas, including
strategic planning, mergers and acquisitions, human resources, and legal
and governmental affairs. He also has extensive experience in board
processes and governance.
Mr. Quinn is the founder, Chairman and Chief Executive Officer of The Quinn Group LLC, a diversified holding company with investments in the industrial, real estate and active lifestyle sectors and Chairman, Chief Executive Officer and Managing Member of Quinpario Partners LLC an investment and operating firm. He has served in these roles since 2012. Mr. Quinn also serves as the Chairman of the Board of Directors of Jason Industries, Inc. since 2014, the parent company to a global family of manufacturing leaders within the seating, finishing, components and automotive acoustics markets. Mr. Quinn served as Jason's Chief Executive Officer from November 2015 until December 2016. Mr. Quinn served as President, Chief Executive Officer and Chairman of Quinpario Acquisition Corp., a blank check company, from its inception in May 2013 until June 2014, when it completed its business combination of Jason Industries, Inc. Prior to forming The Quinn Group LLC and Quinpario Partners LLC, Mr. Quinn was President, Chief Executive Officer and Chairman of the Board of Solutia Inc., a global specialty chemical and performance materials company. From 2004 to 2012, Mr. Quinn served as the President and Chief Executive Officer of Solutia, and served as the Chairman of the Board from 2006 to 2012. Solutia was sold to Eastman Chemical Company in 2012. Mr. Quinn joined Solutia in 2003 as Executive Vice President, Secretary, and General Counsel. In mid-2003 he added the duties of Chief Restructuring Officer to help prepare the company for its eventual filing for reorganization under Chapter 11 later that year (Solutia emerged from bankruptcy in 2008). Prior to joining Solutia, Mr. Quinn was Executive Vice President, Chief Administrative Officer, Secretary and General Counsel for Premcor Inc., which at the time was one of the nation's largest independent refiners. Prior to Premcor, Mr. Quinn was Senior Vice President-Law & Human Resources, Secretary and General Counsel for Arch Coal, Inc. Mr. Quinn started at Arch Coal in 1986 when it was known as Arch Mineral Corporation. He became General Counsel in 1989. Mr. Quinn serves as a director of Tronox Limited. Mr. Quinn formerly served as a director of SunEdison, Inc. (formerly MEMC Electronic Materials Inc.), Tecumseh Products Company, and Ferro Corporation and also was former Chairman of the Board of Directors of Quinpario Acquisition Corp. 2, a blank check company formed for the purpose of entering into a business combination.
Christopher J. Steffen
Mr. Steffen joined the Board on November 1, 2006. As Lead Independent Director, Mr. Steffen presides at all executive sessions of our Board. With
his background as a financial and operational leader with companies
with global operations in various industries, he brings to our
Board his extensive international business expertise and knowledge of
financial matters and financial reporting. Mr. Steffen also has
substantial governance and oversight experience developed as a director
of multiple public companies.
Mr. Steffen served as Vice Chairman of Citicorp and its principal subsidiary, Citibank N.A., until 1996. He is currently a private investor. Mr. Steffen served as a director of Viasystems Group, Inc. and Platinum Underwriters Holdings, Ltd. until 2015 and served as a director of Accelrys, Inc. until 2012. Previously, Mr. Steffen served as Senior Vice President and Chief Financial Officer of Eastman Kodak and Executive Vice President and Chief Financial and Administrative Officer and director of Honeywell.
Mr. Tomkins joined the Board on September 6, 2006. With
his background as a Chief Financial Officer of multiple public
companies, Mr. Tomkins brings to our Board his intimate knowledge of the
global chemicals and petroleum industry and his experience overseeing
finance and business development in major corporations. Mr. Tomkins also
has substantial governance and oversight experience developed as a
director of public companies.
served as Senior Vice President and Chief Financial Officer of Innovene, a petrochemical and oil refining company controlled by BP that is now part of the INEOS Group, from 2005 until 2006. He served as Chief Financial Officer of Vulcan Materials Company from 2001 to 2005 and CFO of Great Lakes Chemical (now Chemtura) from 1998 to 2001. Prior to joining Great Lakes Chemical, Mr. Tomkins held various mid- and upper-level financial positions with AlliedSignal (now Honeywell) and Monsanto Company. Mr. Tomkins is a certified public accountant. Mr. Tomkins is non-executive chairman of ServiceMaster Global Holdings, Inc. and a director of Klockner Pentaplast Group. Mr. Tomkins was formerly a director of Elevance Renewable Sciences Inc., a privately held renewable polymer and energy company and of CVR Energy, Inc. He is currently a private investor.
Mr. Yanai joined the Board on May 9, 2018. He brings to our Board global industry leadership, specialty chemicals and pharmaceutical experience, and the perspective of a Chief Executive Officer.
Mr. Yanai is Chairman of the
Cambrex Corporation, Chairman of Protalix Biotherapeutics, and a senior advisor
to Moelis & Company. He served as President and Chief Executive Officer of
Teva Pharmaceutical Industries Ltd. from 2007 until mid-2012, leading a period
of significant growth in revenue and profitability. As Teva CEO, Mr. Yanai was ranked
20th in Fortune's Top CEO List in 2010. Prior to Teva, he served four years as
the Chief Executive Officer and President of ADAMA Agricultural Solutions Ltd.
During his nearly 15 years as a corporate executive, Mr. Yanai has successfully
completed over 20 acquisitions and integrations. He served for 32 years with the
Israeli Defense Forces and was Head of the Planning Branch of GHQ from 1998 to
2001, when he retired as a Major General. He led the Israeli Security
Delegation to the peace talks at Camp David, Shepherdstown and Wye River.