Board of Directors

William A. Wulfsohn

William A. Wulfsohn joined Ashland Inc. as chairman and chief executive officer on January 1, 2015. Prior to joining Ashland, he served four years as president and CEO of Carpenter Technology Corporation. Mr. Wulfsohn also had served on Carpenter Technology's board since 2009. Prior to that, he served as senior vice president, industrial coatings at PPG Industries. Before joining PPG, Mr. Wulfsohn was vice president and general manager for Honeywell International. In addition, he has worked for Morton International/Rohm & Haas, beginning as a director of marketing and subsequently as vice president and business director. Mr. Wulfsohn began his professional career with McKinsey & Company. He holds a chemical engineering degree from the University of Michigan and a Master of Business Administration degree from Harvard University. Mr. Wulfsohn is a director of PolyOne Corporation.

Brendan Cummins

Brendan Cummins, 62 former chief executive officer of Ciba Specialty Chemicals, was elected to the Ashland board in May 2012. Mr. Cummins, brings nearly 40 years of industry leadership experience to this new role. He spent 37 years with Ciba, holding a variety of international and senior management roles within the company. These roles included 20 years spent in the Asia Pacific region in finance and business unit leadership assignments. He served as chief operating officer from October 2005 through January 2008, when he was promoted to CEO. Ciba was acquired by BASF in late 2008. From 2010 to 2012, Mr. Cummins served as a consultant to, and on the senior executive panel of, The Valence Group, a specialist mergers and acquisitions firm offering advisory services to companies and investors in the chemical, materials and related sectors.

Roger W. Hale

Roger Hale, 70, has been a director of Ashland since 2001. He is a member of the Environmental, Health, Safety & Product Compliance and Governance & Nominating committees.

Currently an independent consultant, Mr. Hale retired in 2001 as chairman and chief executive officer of LG&E Energy Corp., a position he had held since 1990. Prior to joining LG&E, he held various executive positions with BellSouth Corp. and AT&T Co. He is a director of Hospira Inc.

Stephen F. Kirk

Stephen Kirk, 64, was elected to the Ashland board in November 2013 and serves on the Audit and Enviornmental, Health, Safety & Product Compliance committees. Mr. Kirk brings 40 years of global chemical industry experience to Ashland's board. He 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, Mr. 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. Mr. 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.

Vada O. Manager

Vada Manager, 52, became a member of Ashland's board of directors in 2008 and serves on the Audit, Governance & Nominating, and Personnel & Compensation committees.

Mr. Manager is the chief executive officer of Manager Global Consulting Group. A senior counselor of APCO Worldwide, Mr. Manager joined the Washington, D.C., office of the public affairs and strategic communications consultancy in 2010. Previously, he was an independent global consultant. From 1997 to 2009, Mr. Manager held various management roles with Nike Inc., culminating with the position of senior director of global issues management from 2006 to 2009. Before joining Nike, he performed a similar role at 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.



 

Barry W. Perry

Barry Perry, 67, joined Ashland's board of directors in 2007. He is lead independent director, chair of the Personnel & Compensation Committee and a member of the Governance & Nominating committee.

Mr. Perry served as chairman and chief executive officer of Engelhard Corp. from 2001 to 2006. Prior to this, he held various management positions with Engelhard beginning in 1993. He was a group vice president with Rhone-Poulenc from 1991 to 1993. Mr. Perry also held a number of executive positions during his 22 years with General Electric Co. He is also a director of Albemarle Corp. and Arrow Electronics Inc.

Mark C. Rohr

Mark Rohr, 62, joined Ashland's board of directors in 2008 and serves on the Audit and Environmental Health, Safety & Product Compliance committees.

Mr. Rohr is chairman of the board and chief executive officer of Celanese Corp., a position he has held since April 2012. Prior to that, he served as executive chairman of Albemarle Corp. Previously, 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. Mr. Rohr also serves on the executive committee of the American Chemistry Council and the advisory board of Mississippi State University College of Arts and Sciences.

George A. Schaefer Jr.

George Schaefer, 68, has been a director of Ashland since 2003 and serves as chair of the Audit Committee and a member of the Personnel & Compensation Committee.

Mr. Schaefer retired as chairman of the board of Fifth Third Bancorp in 2008, having previously served Fifth Third as chief executive officer, president and chief operating officer during his tenure. He is a director of Wellpoint Inc. He also serves as a member of the board of trustees of the University of Cincinnati Healthcare System.

Janice J. Teal Ph.D.

Janice J. Teal, Ph.D., former group vice president and chief scientific officer for Avon Products Inc., was elected to the company’s board of directors in September 2012. Dr. Teal serves as chair of the Environmental, Health, Safety, & Products Compliance Committee and a member of the Personnel & Compensation Committees. She 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.

Michael J. Ward

Michael Ward, 63, has been a director on Ashland's board since 2001. He is a member of the Personnel & Compensation and Governance & Nominating committees.

Mr. Ward is the chairman, president and chief executive officer of CSX Corp., having previously served as president of the company's CSX Transportation rail unit. He is also a director of the American Coalition for Clean Coal Electricity, City Year and Take Stock in Children. His other affiliations include The Florida Council of 100, The Business Roundtable, the Hubbard House Foundation, Edward Waters College Foundation and Michael and Kim Ward Foundation



Executive Officers

Image of William A. Wulfsohn

William A. Wulfsohn joined Ashland Inc. as chairman and chief executive officer on January 1, 2015. Prior to joining Ashland, he served four years as president and CEO of Carpenter Technology Corporation. Mr. Wulfsohn also had served on Carpenter Technology's board since 2009. Prior to that, he served as senior vice president, industrial coatings at PPG Industries. Before joining PPG, Mr. Wulfsohn was vice president and general manager for Honeywell International. In addition, he has worked for Morton International/Rohm & Haas, beginning as a director of marketing and subsequently as vice president and business director. Mr. Wulfsohn began his professional career with McKinsey & Company. He holds a chemical engineering degree from the University of Michigan and a Master of Business Administration degree from Harvard University. Mr. Wulfsohn is a director of PolyOne Corporation.

Image of Peter Ganz

Mr. Ganz, 51, joined Ashland in 2011 as senior vice president and general counsel, responsible for managing all legal and corporate governance matters pertaining to Ashland. In addition, he oversees the company's government relations function and serves as Ashland's chief compliance officer, chairing its Ethics and Compliance Committee. He also serves as a member of Ashland's Executive Committee, sharing overall responsibility for setting Ashland's global strategy, managing capital, and upholding Ashland's operating principles.

Immediately prior to joining Ashland, Ganz was a partner with the law firm Sedgwick LLP in Newark, N.J. From 2005 to 2010, he served as executive vice president, general counsel and secretary of Foster Wheeler AG, a global engineering, construction and project-management contractor and power-equipment supplier. Previously, he was senior vice president, general counsel and secretary of G-I Holdings Inc. (formerly GAF Corp.) and of its affiliate, International Specialty Products Inc., in Wayne, N.J., culminating a 10-year career with the GAF group of companies, where he worked in a number of positions of increasing responsibility. Earlier in his career, Ganz practiced litigation for law firms McCarter & English in Newark, N.J., and Kramer, Levin, Nessen, Kamin & Frankel in New York, N.Y. He began his legal career serving a federal judicial clerkship with the Hon. Anne E. Thompson in the U.S. District Court for the District of New Jersey.

A native of Charlotte, N.C., Ganz earned his bachelor of arts degree from Duke University in 1984. In 1987, he received his J.D. degree from Harvard Law School. He is a member of the New York, New Jersey and Kentucky state bar associations and the American Corporate Counsel Association.

Image of Samuel J. Mitchell Jr.

Mr. Mitchell, 51, heads Valvoline, a commercial unit of Ashland Inc. His responsibilities include leadership of the worldwide Valvoline business of automotive and commercial lubricants, chemicals, and appearance products, as well as growth of the company's quick-lube business and continued development of innovative premium products.He also serves as a member of Ashland's Executive Committee.

He joined Ashland in 1997 as director of marketing for Valvoline's brand management group. In August 1999, he was named vice president of marketing, and in 2000, vice president and general manager of the Valvoline DIY (Do-It-Yourself) retail business. He became president of Valvoline and a vice president of Ashland in 2002. In 2011, Mitchell was promoted to the role of senior vice president of Ashland, while retaining his responsibilities for Ashland Consumer Markets.

Prior to joining Ashland, he held brand and category management leadership positions at The Clorox Company for eight years.

A Birmingham, Mich., native, Mitchell earned a bachelor's degree from Miami University, Oxford, Ohio, and a master's degree in business administration from the University of Chicago. He is a graduate of the Harvard Business School's Advanced Management Program.

He currently serves on the boards of the University of Kentucky Gatton College Dean's Advisory Council, Transylvania University, Fifth Third Bank of Kentucky, the National Association of Manufacturers and the Automotive Aftermarket Suppliers Association. He is active in his church and with Habitat for Humanity.

Image of J. Kevin Willis

Mr. Willis, 48, was elected senior vice president and chief financial officer of Ashland  in 2013. He oversees Ashland's worldwide financial functions and processes, including financial accounting and reporting, treasury and finance, insurance, business development, planning and analysis, investor relations, tax and internal audit activities. A member of Ashland's Executive Committee, he shares overall responsibility for setting Ashland's global strategy, managing capital, and upholding Ashland's operating principles.
  
Willis joined Ashland in 1987 as an associate auditor in the internal audit department. He served in various management positions of increasing responsibility, including leading teams on major projects in the business services, information technology, accounting and finance areas. Spending nearly three years in The Netherlands, he helped lead Ashland's effort to standardize processes and implement accounting and other administrative shared services across European operations.

In 2004, Willis was designated general auditor. Later in 2007, he was appointed vice president and treasurer of Ashland. Since Ashland's acquisition of International Specialty Products (ISP) in August 2011, Willis served as Ashland's vice president of finance, and controller for Ashland Specialty Ingredients, Ashland's largest and fastest-growing commercial unit. He was responsible for the day-to-day management of the financial organization and processes within Specialty Ingredients and served on the leadership team.

A native of Richmond, Ky., Kevin earned a bachelor’s degree in accounting from Eastern Kentucky University and an MBA from the Kellogg School of Management at Northwestern University.

Image of Susan B. Esler

Ms. Esler, 52, assumed leadership of both the human resources and corporate communications functions of Ashland in 2006. She is responsible for the global management of all aspects of human resources, including talent management and development, compensation and benefits, and labor and employee relations. Her communications responsibilities include corporate and financial communications, public relations and business-to-business marketing communications.

She joined Ashland in 1999 as manager, executive compensation. She was promoted in 2001 to director, corporate human resources, and in 2002, to vice president, human resources programs and services. In 2004, she became vice president, human resources, and in 2006, communications and corporate affairs were added to her responsibilities. She was named to her current position of vice president and chief human resources and communications officer in 2011.

Immediately prior to joining Ashland, Esler served as senior director of compensation, benefits and HRIS for PepsiCo Food Systems. She held various HR leadership roles within the PepsiCo organization starting in1990. Esler has also been employed as a compensation consultant with Mercer and started her working career at Dow Chemical as an HR specialist.

A native of Pittsburgh, Pa., Esler is a graduate of Miami University, Oxford, Ohio, and earned her master's degree in business administration from the Weatherhead School of Management at Case Western Reserve University, Cleveland, Ohio. She currently serves on the board of trustees of the Cincinnati Museum Center and on the advisory board of the Cincinnati Children's Museum. She also serves on the steering committee of SOAR, a women's leadership organization.



Image of Luis Fernandez-Moreno

Fernandez-Moreno, 53, joined Ashland in 2012 as president, Ashland Water Technologies. In October 2013, Fernandez-Moreno was elected senior vice president of Ashland and became the president of Ashland Specialty Ingredients. In April 2015, he was promoted to senior vice president of Ashland and president, Chemicals Group. In this expanded role, he continues to lead Specialty Ingredients and has assumed additional management responsibility for Ashland Performance Materials. He also serves as a member of Ashland's Executive Committee.

Ashland Specialty Ingredients offers industry-leading products, technologies and resources for solving formulation and product-performance challenges in key markets including personal care, pharmaceutical, food and beverage, coatings, construction and energy. Using natural, synthetic and semisynthetic polymers derived from plant and seed extract, cellulose ethers and vinyl pyrrolidones, Specialty Ingredients offers comprehensive and innovative solutions for today's demanding consumer and industrial applications.

Since joining Ashland in November 2012, Fernandez-Moreno has been instrumental in revitalizing Ashland Water Technologies. Under his leadership, Water Technologies has simplified the business, focused on key growth opportunities and delivered better service and value for customers.

A 30-year veteran of the global chemical industry, Fernandez-Moreno previously served as executive vice president of Arch Chemicals, Inc. where he was responsible for the wood protection and HTH water products businesses. Prior to that, he served as business group vice president of Dow Coating Materials which was formed after Dow Chemical acquired Rohm & Haas in 2009. He previously spent more than 25 years with Rohm & Haas in a series of leadership roles spanning across Europe, Latin America and the United States.

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.

Image of J. William Heitman

Mr. Heitman, 59, joined Ashland in 2008 with more than 30 years of financial experience in various industries, including automotive and chemicals. As vice president and controller, he is responsible for Ashland's global financial accounting and reporting processes, including oversight of accounting policies and practices and external and internal financial reporting.

Previously, Heitman served as controller for the $9 billion North American Tire operations of Goodyear Tire & Rubber Co., responsible for all accounting and shared services for North America. While there, he was a key contributor to the significant restructuring of operations and implementation of an enterprise resource planning (ERP) system and processes related to Sarbanes-Oxley compliance. He joined Goodyear in 2004 after three years of experience in the chemical industry at Ferro Corp., where he served as vice president of finance and interim chief financial officer. At Ferro, he led the financial integration of a sizeable global acquisition and was a key contributor to a $500 million debt-reduction effort. Heitman was also vice president and controller for Moen Inc., where he spent six years. Earlier in his career, he held numerous financial positions during a 16-year tenure with TRW.

Heitman earned a B.S.B.A. degree in accounting and an M.B.A. in finance from Pittsburg State University, Pittsburg, Kan. He is a certified public accountant and a member of the Financial Executives Institute, the American Institute of Certified Public Accountants and the Ohio Society of CPAs.

Image of Anne T. Schumann

Ms. Schumann, 53, was named vice president and chief information and administrative services officer in August 2009. In this role, she holds responsibility for Ashland's global information technology functions, security and facilities management.

Schumann joined the company in 2008 as vice president, acquisition integration, at the time Ashland acquired Hercules Incorporated. Previously, she served as Hercules' vice president of information technology from 2006, with responsibility for human resources added in 2008. She joined Hercules in 2000 as vice president of the Hercules Shared Services Center.

Before joining Hercules, Schumann served as director of finance and management operations for Bryn Mawr College near Philadelphia, Pa. She also spent 11 years with ARCO Chemical Company, holding various management positions in finance, human resources and global business operations. She began her career in 1984 with Continental Illinois National Bank, where she managed corporate banking portfolios.

A native of Chicago, Ill., Schumann earned a bachelor of science in environmental biology from the University of Illinois and an M.B.A. in finance from Indiana University.

Image of Keith Silverman, PhD

Dr. Keith Silverman, 47, joined Ashland in 2012 as vice president of Environment, Health, Safety (EHS) and Product Regulatory. He oversees EHS programs, including Ashland’s Responsible Care®, occupational and chemical process safety, industrial hygiene, life safety and emergency response, environmental affairs, site remediation and sustainability. In addition, Dr. Silverman also has responsibility for global product regulatory programs, including toxicology, product safety, chemical management and product stewardship.

Prior to joining Ashland, Dr. Silverman served as director of product stewardship and science as well as EHS operations for biologics and therapeutic protein manufacturing for Merck & Co., Inc. He spent 23 years with Merck & Co., Inc., holding various positions of increasing responsibility in research and development, global safety and environment.

Dr. Silverman earned a Ph.D. in environmental health from the New Jersey Institute of Technology and Rutgers University, a Masters of Public Health (MPH) degree in environmental and occupational health from the University of Medicine and Dentistry of New Jersey, and a Bachelor of Science degree in microbiology from Rutgers University. He is a member of the National TransCAER® Task Group and the International Association of Fire Chiefs Hazardous Materials Committee.

Image of Walter H. Solomon

Ashland vice president and chief growth officer since August 2005, Mr. Solomon, 53, is responsible for the company's enterprise strategy. His team has mapped Ashland's transformation from a U.S. regional oil refiner into a global specialty chemical company and leader in sustainable chemistry.

Solomon joined Ashland in 2002 as senior vice president and general manager of Ashland Consumer Markets' (Valvoline) Do-It-Yourself business unit. While in that role, his team grew profitability and premium lubricant volume each year.

Prior to joining Ashland, Solomon spent 20 years growing both large and small companies. His first 10 years were in a series of brand management roles with Procter & Gamble, ultimately directing marketing in P&G's hair care and juice drink businesses. During that time, Pantene* grew from a small, boutique brand into a $100+ million business en route to becoming one of P&G's billion-dollar global brands. He spent the next 10 years leading privately funded startup companies in the healthcare and software industries, including an Inc. 500* company and an internet technology incubator.

.A native of Charleston, S.C., Solomon has served as president, chairman or vice chairman of the board of trustees of four not-for-profit organizations and as a board member for six others. He received his bachelor's degree in commerce from the University of Virginia.

* Trademark owned by a third party



Corporate Officers

Eric N. Boni, Vice President and Treasurer
John P. Goswell, Vice President, Internal Audit
Scott A. Gregg, Vice President, Tax
John W. "Jack" Joy, Vice President, Corporate Development