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Ferro Corp (FOE.N)

FOE.N on New York Stock Exchange

23.91USD
12 Jan 2018
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Summary

Name Age Since Current Position

Peter Thomas

61 2014 Chairman of the Board, President, Chief Executive Officer

Benjamin Schlater

41 2016 Chief Financial Officer, Vice President

Mark Duesenberg

55 2008 Vice President, General Counsel, Secretary

Jose Tortajada

2016 Vice President - Human Resources

Gregory Hyland

66 2014 Lead Independent Director

Richard Hipple

64 2014 Independent Director

David Lorber

38 2013 Independent Director

Marran Ogilvie

49 2017 Independent Director

Andrew Ross

55 2016 Independent Director

Allen Spizzo

59 2016 Independent Director

Ronald Vargo

63 2009 Independent Director

Biographies

Name Description

Peter Thomas

Mr. Peter T. Thomas is Chairman of the Board, President, Chief Executive Officer of Ferro Corp. Prior to his appointment as interim President and Chief Executive Officer, Mr. Thomas served as the Operating Vice President of Ferro’s Polymer and Ceramic Engineered Materials Group, which included its Polymer Additives, Specialty Plastics, Tile Coatings, Porcelain Enamel, and Pharmaceuticals businesses. Mr. Thomas joined Ferro in 2000 as Director of Sales for Polymer Additives. Prior to joining Ferro, Mr. Thomas was Vice President of the Oleochemical-Derivatives business unit for Witco Corporation. He also held positions at Witco Corporation as Vice President of Sales and Global Market Director. Mr. Thomas also serves as a director of Innophos Holdings, Inc., a leading international producer of specialty ingredient solutions for the food, health, nutrition and industrial markets.

Benjamin Schlater

Mr. Benjamin Schlater is Chief Financial Officer, Vice President of the Company. Mr. Schlater was named Vice President and Chief Financial Officer in September 2016. He is responsible for Ferro's financial operations, including corporate development, accounting, treasury, tax, budgeting, and investor relations. He also is responsible for the Company's Information Services (IS) operations. Mr. Schlater joined Ferro in September 2015 as Vice President, Strategy and Corporate Development. He has nearly 20 years of corporate finance experience, with extensive background in treasury, strategic planning, mergers, acquisitions and divestitures and implementing strategies and financial objectives to support growth for multi-billion-dollar global companies. His experience includes serving as treasurer and head of corporate development, strategic and financial planning, and risk management at Veyance Technologies, a $2 billion global manufacturing company then owned by The Carlyle Group. Prior to Veyance, he was a managing director at FTI Consulting, focused on financial and strategic advisory services for large multinational companies. Before his tenure at Veyance, he was a manager at PricewaterhouseCoopers in its corporate finance practice. Mr. Schlater earned a Bachelor of Business Administration in Accounting and Business Law degree from Ohio University and he is a Certified Public Accountant.

Mark Duesenberg

Mr. Mark Hugo Duesenberg is Vice President, General Counsel, Secretary of the Company. His responsibility for the legal affairs of Ferro Corporation and its subsidiaries worldwide. Prior to joining Ferro in 2008, Mr. Duesenberg served as Executive Director, Legal and Government Affairs for Lenovo Group Ltd. in Washington, DC, and as Lenovo’s Legal Director—Europe, Middle East and Africa, in London. From 1999 to 2005, he held positions of increasing responsibility in the law department of Invensys plc, in London. In 1998-1999, Mr. Duesenberg was general counsel for a development-stage company. Prior to his corporate law roles, Mr. Duesenberg was an attorney at Hughes Hubbard & Reed and the U.S. Department of Justice in Washington, DC, and served as a law clerk to the Hon. Pasco Bowman of the U.S. Court of Appeals, Eighth Circuit. Mr. Duesenberg received his Juris Doctorate degree from Harvard Law School in Cambridge, Massachusetts, and a bachelor’s degree from Valparaiso University in Valparaiso, Indiana.

Jose Tortajada

Mr. Jose Tortajada is Vice President - Human Resources of the company. since March 2016, with worldwide responsibility for the Company’s human resources function. Mr. Tortajada joined Ferro’s operation in Spain in 1999, and earned positions of increasing responsibility in Europe. Before being named to his current role, he served as HR Director for Europe/Middle East/Africa. Prior to joining Ferro, Mr. Tortajada was Director of Human Resources, Spain and Portugal, at Roche Diagnostics Iberia SA in Barcelona, and he held HR roles at Boehringer Mannheim before it was acquired by Roche Holding AG in 1997. Previous to Roche, he did HR work at Electrolux Compressors Companies in Spain. He launched his career in human resources at Hay Management Consultants, Barcelona. Mr. Tortajada holds an MBA from ESADE, Barcelona and earned his undergraduate degree in Law, with a specialty in Labor Law, from the University of Valencia.

Gregory Hyland

Mr. Gregory E. Hyland serves as Lead Independent Director of Ferro Corp. Mr. Hyland currently serves as Executive Chairman of Mueller Water Products, Inc., a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Prior to assuming his current position in January 2017, Mr. Hyland served as Chairman, President and Chief Executive Officer of Mueller Water Products, Inc., a position he assumed in December 2006 when Walter Industries, Inc. divested that business to its shareholders. From September 2005 until December 2006, Mr. Hyland served as Chairman, President and Chief Executive Officer of Walter Industries, Inc. Prior to that time, Mr. Hyland served as President, U.S. Fleet Management Solutions of Ryder System, Inc. from June 2005 to September 2005 and as Executive Vice President, U.S. Fleet Management Solutions of Ryder from October 2004 to June 2005. Mr. Hyland also has held executive positions with Tyco International and Textron Corporation.

Richard Hipple

Mr. Richard J. Hipple is no longer Independent Director of the Company effective April 27, 2018. Mr. Hipple currently serves as the Chairman of the Board, President and Chief Executive Officer of Materion Corporation (formerly known as Brush Engineered Materials Inc.), a manufacturer of high-performance engineered materials. Mr. Hipple has served as Chairman of the Board and Chief Executive Officer of Materion since May 2006 and President of Materion since May 2005. Mr. Hipple was Vice President of Strip Products of Materion from July 2001 until May 2002, when he became President of Alloy Products of Materion. Prior to joining Materion, Mr. Hipple was President of LTV Steel Company, a business unit of the LTV Corporation. Mr. Hipple also serves as a director of Key Corp., a bank-based financial services company, and as Chairman of the Trustees for the Cleveland Institute of Music.

David Lorber

Mr. David A. Lorber serves as Independent Director of Ferro Corp. Mr. Lorber is a Co-Founder of FrontFour Capital Group LLC, an investment adviser, and has served as a Portfolio Manager since January 2007. He is also a Co-Founder and Principal of FrontFour Capital Corp., an investment adviser. Previously, Mr. Lorber was a Senior Investment Analyst at Pirate Capital LLC, a hedge fund, from 2003 to 2006. He was an Analyst at Vantis Capital Management LLC, a money management firm and hedge fund, from 2001 to 2003 and an Associate at Cushman & Wakefield, Inc., a global real estate firm, from 2000 to 2001. Mr. Lorber formerly served as a director of Aerojet Rocketdyne Holdings, Inc. (formerly, GenCorp Inc.), a technology-based manufacturer of aerospace and defense products and systems with a real estate segment. Mr. Lorber also formerly served as a director of Huntingdon Capital Corp., a real estate company, and Fisher Communications Inc., a media company acquired by Sinclair Broadcast Group, Inc. in August 2013.

Marran Ogilvie

Ms. Marran H. Ogilvie serves as Independent Director of the Company. Ms. Ogilvie has more than 20 years of executive management and financial experience across a diverse set of business environments, including growth-oriented international businesses. Ms. Ogilvie was a member of Ramius, LLC, an alternative investment management firm, where she served in various capacities from 1994 to 2009 before the firm’s merger with Cowen Group, including as Chief Operating Officer and General Counsel. Following the merger, Ms. Ogilvie served as Chief of Staff at Cowen Group, Inc. until 2010. Ms. Ogilvie has served since 2015 as a director of Four Corners Property Trust, Inc., a real estate investment trust, and LSB Industries, Inc., a chemical manufacturing company, and since 2012 as a director for the Korea Fund, a closed-end investment company. Ms. Ogilvie earned a B.A. from the University of Oklahoma and a J.D. from the St. John’s University School of Law.

Andrew Ross

Mr. Andrew M. Ross serves as Independent Director of the Company. Mr. Ross is the former President of the Pigments and Additives business of Rockwood Holdings, Inc. (“Rockwood”), a performance additives and titanium dioxide business that was sold to Huntsman Pigments in October 2014. Prior to that position he served in various management roles and led a number of initiatives at Rockwood that significantly increased sales and profitability of its color pigments business, including several multi-national acquisitions, acquisition integrations, and operational efficiency optimization projects. Mr. Ross’ career has included senior leadership roles in family-owned, private equity-sponsored and publicly owned companies.

Allen Spizzo

Mr. Allen A. Spizzo serves as Independent Director of the Company. Mr. Spizzo has been a business and management consultant focused on the chemicals, materials, biotechnology and pharmaceutical industries, since November 2008, and he also serves as an investment adviser and asset management trustee. He served as Vice President and Chief Financial Officer of Hercules Incorporated (“Hercules”), a former S&P 500 specialty chemicals company, from March 2004 until the company was sold to Ashland Inc. in November 2008. He served as Vice President, Corporate Affairs, Strategic Planning and Corporate Development of Hercules from July 2002 to March 2004. He served as Vice President, Investor Relations and Strategic Planning of Hercules from 2000 to July 2002. Prior to that, he served in other capacities with Hercules since 1979. Mr. Spizzo currently serves on the board of directors for Global Specimen Solutions, Inc., a privately held informatics company serving the pharmaceutical and biotech industries headquartered in Raleigh, North Carolina. He recently served on the board of directors of OM Group, Incorporated until its sale in 2015.

Ronald Vargo

Mr. Ronald P. Vargo serves as Independent Director of Ferro Corp. He served as Vice President and Chief Financial Officer of ICF International, a leading provider of consulting services and technology solutions to government and commercial clients, from April 2010 until May 2011. Prior to joining ICF International, Mr. Vargo served as the Executive Vice President and Chief Financial Officer of Electronic Data Systems (“EDS”) and served as a member of the EDS Executive Committee. Mr. Vargo joined EDS in 2004 as Vice President and Treasurer and was promoted to Chief Financial Officer in 2006. Before joining EDS, Mr. Vargo served as Corporate Treasurer and Vice President of Investor Relations at TRW Inc., now part of Northrop Grumman, until 2003. He began his career with General Electric in 1976 and also served in numerous leadership positions at BP plc (“BP”) and the Standard Oil Company, which was acquired by BP. Mr. Vargo also serves as a director of EPAM Systems, Inc., a global IT services provider.

Basic Compensation

Name Fiscal Year Total

Peter Thomas

5,621,800

Benjamin Schlater

1,280,170

Mark Duesenberg

1,430,270

Jose Tortajada

--

Gregory Hyland

221,440

Richard Hipple

196,440

David Lorber

176,440

Marran Ogilvie

--

Andrew Ross

--

Allen Spizzo

--

Ronald Vargo

196,440
As Of  31 Dec 2016