Brendan Cummins,
Former Chief Executive Officer, Ciba Specialty Chemicals
Brendan Cummins, former chief executive officer of Ciba Specialty Chemicals, was elected to the Ashland board in May 2012. Mr. Cummins, 61, 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. Since 2010, Mr. Cummins has 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.
Member of the Audit Committee
Member of the Environmental, Health, Safety & Product Compliance Committee
Roger W. Hale,
Independent Consultant and former Chairman and Chief Executive Officer, LG&E Energy Corp.
Roger Hale, 69, 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.
Member of the Environmental, Health, Safety & Product Compliance Committee
Member of the Governance & Nominating Committee
Kathleen Ligocki,
Operating Executive, Kleiner Perkins Caufield & Byers
Chair of the Environmental, Health, Safety & Product Compliance Committee and a member of the Audit and Personnel & Compensation committees, Kathleen Ligocki, 56, has served on Ashland's board of directors since 2004.
Since 2007, she has been a principal in Pine Lake Partners Inc., a consulting firm focused on turnarounds and startup companies. Ms. Ligocki served as chief executive officer of California-based Next Autoworks Co. from 2010 – 2012 and GS Motors, a subsidiary of a Mexico City-based conglomerate, from 2007 to 2010. From 2003 until 2007, she served as president, chief executive officer and a director of Tower Automotive Inc. She has also held positions at Ford Motor Co., United Technologies and General Motors Corp. A member of the Lear Corp. boards of directors, Ms. Ligocki also serves on a number of nonprofit and academic boards focused on women, families and life-long education.
Member of the Audit Committee
Chair of the Environmental, Health, Safety & Product Compliance Committee
Member of the Personnel & Compensation Committee
Vada O. Manager,
Chief Executive Officer, Manager Global Consulting Group and Senior Director/Senior Counselor, APCO Worldwide APCO Worldwide
Vada Manager, 51, became a member of Ashland's board of directors in 2008 and serves on the Audit and Personnel & Compensation committees.
Mr. Manager is the chief executive officer of Manager Global Consulting Group. A senior director/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.
Member of the Audit Committee
Member of the Governance & Nominating Committee
Member of the Personnel & Compensation Committee
James J. O'Brien,
Chairman and Chief Executive Officer, Ashland Inc.
Chairman of the board and chief executive officer since 2002, Jim O'Brien, 58, has presided over the transformation of Ashland from a multi-industry petroleum refiner and marketer with holdings in chemicals and transportation construction into a global specialty chemical company. With Ashland for more than 30 years, he has a wealth of experience from corporate and operations management to chemical and motor oil sales and marketing.
He is a director of Humana Inc. and Albemarle Corporation. He also is a member of the Dean's Advisory Council for the Fisher Graduate College of Business at The Ohio State University and a member of the board of directors of the American Chemistry Council.
Barry W. Perry,
former Chairman and Chief Executive Officer, Engelhard Corp.
Barry Perry, 66, 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 and Personnel & Compensation committees.
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.
Member of the Governance & Nominating Committee
Chair of the Personnel & Compensation Committee
Mark C. Rohr,
Chairman & Chief Executive Officer, Celanese Corp.
Mark Rohr, 61, 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.
Member of the Audit Committee
Member of the Environmental, Health, Safety & Product Compliance Committee
George A. Schaefer Jr.,
former Chairman and Chief Executive Officer, Fifth Third Bancorp
George Schaefer, 67, 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.
Chair of the Audit Committee
Janice J. Teal Ph.D.,
former Group Vice President and Chief Scientific Officer, Avon Products Inc.
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 on the Environmental, Health, Safety, & Products Compliance and 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. In addition to serving on the Ashland board, she is a trustee of Dominican College.
Member of the Environmental, Health, Safety & Product Compliance Committee
Member of the Personnel & Compensation Committee
John F. Turner,
former U.S. Assistant Secretary of State, Bureau of Oceans and International and Scientific Affairs
John Turner, 70, joined Ashland's board of directors in 2006. He is chair of the Governance & Nominating Committee and serves on the Environmental, Health, Safety & Product Compliance Committee.
Mr. Turner served as U.S. Assistant Secretary of State for the Bureau of Oceans and International and Scientific Affairs from 2001 to 2005. Previously, he was president and chief executive officer of The Conservation Fund. He also served in the Wyoming state legislature for 19 years and is a past president of the Wyoming State Senate. He currently serves as a director of Peabody Energy Co., International Paper Co. and American Electric Power Co. Inc. He is a managing partner of Triangle X Ranch in Wyoming, chairman of the Ruckelshaus Institute of Environmental Natural Resources at the University of Wyoming, and a senior associate of The Conservation Fund. Mr. Turner is chairman of the Ruckelshaus Institute of Environmental Natural Resources at the University of Wyoming and senior associate of The Conservation Fund. He is a member of the advisory boards of Grand Teton National Park Foundation, the National Museum of Wildlife Art, the Jackson Hole Historical Society and The Raptor Center.
Member of the Environmental, Health, Safety & Product Compliance Committee
Chair of the Governance & Nominating Committee
Michael J. Ward,
Chairman and Chief Executive Officer, CSX Corp.
Michael Ward, 62, 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 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.
Member of the Governance & Nominating Committee
Member of the Personnel & Compensation Committee
James J. O'Brien, Chairman and Chief Executive Officer
Ashland Inc. Chairman and Chief Executive Officer James J. O'Brien, 58, knows Ashland and knows the chemical business. Since 2002, he has presided over the transformation of Ashland from a multi-industry petroleum refiner and marketer with holdings in chemicals and transportation construction into a global specialty chemical company. O'Brien guides a company of approximately 15,000 employees working to develop products, services and solutions that, through chemistry, meet customers' needs and contribute to improved quality of life.
As chairman and chief executive officer, O'Brien leads Ashland's Executive Committee, whose members set Ashland's global strategy, manage its capital, and uphold Ashland's operating principles.
O'Brien joined the former Ashland Chemical Company in 1976 as an accountant, a year after starting as an accounting intern. He quickly moved into operations, serving in product marketing and sales management positions in the chemicals and plastics businesses during the '80s.
By 1992, Ashland, then known as Ashland Oil Inc., was a large multi-industry corporation: the largest North American distributor of chemicals and plastics; a leading supplier of specialty chemicals worldwide; one of the U.S.'s largest highway contractors; a producer of natural gas, crude oil and coal; one of the largest independent refiners; a regional gasoline retailer and a top U.S. motor oil marketer. Also by 1992, O'Brien had gained the attention of then-Chairman and CEO John R. Hall. Hall tapped O'Brien to serve as his executive assistant to support him as the company grew its nonrefining businesses, strengthened its competitive position and focused on reducing its dependence on earnings from refining.
The year 1994 saw O'Brien, as vice president of Ashland Oil and general manager of branded marketing, take on the challenge of reinvigorating Ashland's branded gasoline marketing operations. Barely a year later, he was named president of the company's Valvoline division and became an executive officer of Ashland. At Valvoline, O'Brien and his team implemented a master brand strategy, while driving innovation and expanding the product line. In 2001, as group operating officer, O'Brien initiated the successful redesign of the Ashland Distribution business model and increased Ashland Specialty Chemical's focus on markets, new products and applications and geographic expansion.
This broad experience in all facets of the company prepared O'Brien for the leadership role he holds today. With his proven teambuilding skills and a clear vision of the Ashland of the future, O'Brien was elected to his present role of chairman and chief executive officer in 2002.
A native of Circleville, Ohio, O'Brien is a graduate of The Ohio State University, from which he earned a bachelor's degree in accounting and finance and a master's degree in business administration. He is a 1994 graduate of Leadership Kentucky.
O'Brien serves as a director of Humana Inc. and Albemarle Corp. He is a member of the Dean's Advisory Council for the Fisher Graduate College of Business at The Ohio State University, and a member of the board of directors of the American Chemistry Council.
Lamar M. Chambers, Senior Vice President
Mr. Chambers, 57, possesses extensive experience managing financial, administrative and operational functions broadly within Ashland. 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.
He most recently served as senior vice president and chief financial officer from 2008 to 2013 prior to announcing his retirement. Chambers oversaw Ashland's worldwide financial functions and processes, including financial accounting and reporting, treasury and finance, insurance, business development, planning and business analysis, investor relations, tax and internal audit activities.
Chambers joined Ashland in 1976 as a staff auditor in internal auditing. During the following years, he moved through various analyst positions with then-subsidiaries Ashland Coal and Ashland Paving And Construction, Inc. (APAC). He was appointed controller for APAC in 1987.
He returned to the corporate sector of Ashland as assistant controller in 1991 and, in 1994, was selected to serve as executive assistant to the chairman and CEO.
In 1996, Chambers returned to Ashland's operations when he was named administrative vice president for Ashland Petroleum Company and, in 1998, vice president, finance, and controller for Marathon Ashland Petroleum LLC, which was divested in 2005. Later in 1998, Chambers was designated to the position of auditor for Ashland. In 2001, he returned to APAC where he served as senior vice president, finance and administration, until 2003, when he was named vice president of regional operations. Chambers was elected vice president and controller of Ashland in 2004 and to his present role in 2008.
A native of Marietta, Ga., Chambers earned a bachelor's degree in business administration from the University of West Georgia. He is also a graduate of the Executive Development Program at Indiana University's Kelly School of Business and is a member of the American Institute of Certified Public Accountants.
Peter Ganz, Senior Vice President, General Counsel and Secretary
Mr. Ganz, 50, 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.
Susan B. Esler, Vice President and Chief Human Resources and Communications Officer
Ms. Esler, 51, 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.
Theodore L. "Ted" Harris, Senior Vice President and President, Global Supply Chain of Ashland; and President, Ashland Performance Materials
Mr. Harris, 47, was named president, Ashland Performance Materials, in 2009. He heads a worldwide commercial unit that holds leading market positions in unsaturated polyester resins, vinyl esters, pressure-sensitive and structural adhesives, elastomers and foundry products. These products are sold into the construction, transportation, packaging and converting, infrastructure and marine markets. In addition, as president, Global Supply Chain, Harris holds Ashland-wide responsibility for the functions that encompass the manufacture and delivery of products to customers.
Harris joined the company in 2004 as vice president and general manager of the Composite Polymers group within Ashland Performance Materials. In 2006, he was named a vice president of Ashland and president of Ashland Distribution. In 2008, he was named president of Ashland's Global Supply Chain. In 2008 and 2009, he also led the development and execution of the global integration strategy related to the Hercules acquisition. In 2011, Harris was named a senior vice president of Ashland, while retaining his responsibilities for Performance Materials and the Global Supply Chain.
Immediately prior to joining Ashland, Harris served as general manager of the Food Ingredients Division within FMC's Food, Pharmaceutical and Personal Care Group in his career with FMC Corp., which began in 1992.
A native of Philadelphia, Pa., Harris earned a bachelor's degree in chemical engineering from Lehigh University. He also holds an M.B.A. from the Harvard Graduate School of Business Administration.
Luis Fernandez-Moreno, Vice President and President, Ashland Water Technologies
Mr. Luis Fernandez-Moreno, 50, joined Ashland in 2012 as president, Ashland Water Technologies. He heads a worldwide commercial unit that holds a global, leading market position as a specialty chemicals supplier of process, utility and functional chemistries for the papermaking industry. These services are sold to pulp producers, printing and writing paper manufacturers, paperboard packaging producers, tissue and towel manufacturers, beverage manufacturers, canning operations, dairy processors, fruit and vegetable processors, mining and mineral processing operations, industrial facilities and municipalities. He also serves as vice president of Ashland and a member of the Ashland Operating Committee.
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.
J. William Heitman, Vice President and Controller
Mr. Heitman, 58, 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.
Samuel J. Mitchell Jr., Senior Vice President and President, Ashland Consumer Markets
Mr. Mitchell, 51, heads Ashland Consumer Markets, 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 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.
John E. Panichella, Senior Vice President and Group Operating Officer of Ashland; and President, Ashland Specialty Ingredients
Mr. Panichella, 53, was elected senior vice president of Ashland in 2011 and added the additional position of group operating officer in September 2012. Also in 2011, he became president of Ashland Specialty Ingredients, when International Specialty Products Inc. was acquired and merged into Ashland Aqualon Functional Ingredients
The commercial unit he directs holds a primary market position in rheology modifiers – additives that alter the physical properties of water-based systems and are used to make everything from adhesives and paints to foods, pharmaceuticals and personal care products. Under his leadership, the business has enhanced core technologies with new product investments, added adjacent technologies to support the core, developed infrastructure to support growth in emerging markets and reduced costs in manufacturing operations.
Panichella joined Ashland in 2008 as a vice president and president of Ashland Aqualon Functional Ingredients, following Ashland's acquisition of Hercules, where he held a similar position. Prior to joining Hercules in 2006, Panichella enjoyed a 25-year career with General Electric and BetzDearborn, where he served in numerous management positions, including business development, operations management, sales and marketing, and strategic development. His last position at General Electric Water and Process Technologies was vice president and general manager of the Americas business. Before joining General Electric, he served as vice president of the Global Hydrocarbon Processing unit of BetzDearborn.
A native of Pittsburgh, Pa., Panichella holds an M.B.A. from the University of Phoenix and a bachelor's degree in chemistry from the University of Pittsburgh. He is a volunteer and active supporter of Urban Promise, an organization serving children and youth living in the inner-city neighborhoods of Wilmington, Del.
Steven E. Post, Vice President, Operations and Environmental, Health and Safety
Steve Post, 58, is responsible for Ashland's global manufacturing operations and environmental, health and safety (EH&S) activities.
Post came to Ashland in 2011 following its acquisition of International Specialty Products Inc. (ISP). He joined ISP in 1999 when it acquired Monsanto's alginates business, which he served as president. Post soon became ISP's senior vice president of Operations, managing global manufacturing, which included 18 production facilities and engineering, process technology and environmental, health, safety and security functions.
Prior to ISP, Post enjoyed a 20-year career with Merck, holding manufacturing roles of increasing responsibility in both the U.S. and Europe. While at Merck, he gained significant experience in the production of specialty polymers derived from natural raw materials and fermentation in the company's Kelco division. Following Monsanto's acquisition of the Kelco division, Post worked for five years in Monsanto's nutrition and consumer group managing manufacturing, procurement and logistics, engineering and EH&S, prior to being appointed president of the alginates business.
A native of Alliance, Ohio, Post grew up in Tempe, Ariz. He holds a bachelor of science in chemical engineering from Arizona State University and served on the board of governors of the Society of Chemical Manufacturers & Affiliates (SOCMA).
Anne T. Schumann, Vice President and Chief Information and Administrative Services Officer
Ms. Schumann, 52, 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.
Walter H. Solomon, Vice President and Chief Growth Officer
Ashland vice president and chief growth officer since August 2005, Mr. Solomon, 52, 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
J. Kevin Willis, Senior Vice President and Chief Financial Officer
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Mr. Willis, 47, 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.
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