Welcome to Meet the Board. Use the menu above or click on any name or committee to learn more.
Board Committees:
Board Committees:
Chairman of the Board
Board Committees:
Board Committees:
Board Committees:
Board Committees:
Board Committees:
Board Committees:
* Director classes:
Mark R. Alexander Senior Vice President of Campbell Soup Company, a manufacturer and marketer of branded convenience products, since 2010 President of Americas Simple Meals and Beverages, Campbell Soup Company, since 2015 Age 51 | Director since 2014 | Director Class III (term expires 2018)* RELEVANT SKILLS AND EXPERIENCE As President of Campbell Soup Company's largest division, Mr. Alexander brings to our Board strong leadership skills and experience in developing and executing business growth strategies. His current business responsibilities include investing in brand-building, innovation and expanded distribution, which correspond to areas of focus at our business operations. His extensive international experience with consumer branded products and his background in marketing and customer relations also provide our Board with expertise and insight as we leverage our consumer brands in the global market. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
Keith J. Allman Our President and Chief Executive Officer, since February 2014 Age 53 | Director since 2014 | Director Class II (term expires 2017)* RELEVANT SKILLS AND EXPERIENCE Mr. Allman brings to our Board strong business leadership skills, hands-on operational experience with our businesses and valuable insight into our culture. He played an integral role in developing our strategies to strengthen our brands and improve our execution, which has helped to provide the foundation for the current direction of our Company. His key leadership positions within our Company have given him deep knowledge of all aspects of our business, and he also possesses a significant understanding of, and experience with, complex operations as well as company-specific customer expertise. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
Dennis W. Archer Chairman and CEO of Dennis W. Archer PLLC and Chairman Emeritus, Dickinson Wright PLLC, a Detroit, Michigan-based law firm Age 74 | Director since 2004 | Director Class (term expires )* RELEVANT SKILLS AND EXPERIENCE Mr. Archer's long and distinguished career as an attorney, judge and past president of the American Bar Association, provides our Board with specific expertise and a keen understanding of litigation and other legal matters. As a result of his two-term position as Mayor of Detroit, he has broad leadership, administrative and financial experience and is also exceptionally knowledgeable in the area of governmental relations. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
J. Michael Losh Chairman of the Board Retired Chief Financial Officer and Executive Vice President of General Motors Corporation, a global automotive company Age 69 | Director since 2003 | Director Class II (term expires 2017)* RELEVANT SKILLS AND EXPERIENCE Mr. Losh has strong leadership skills gained through significant executive leadership positions and through his service on boards of other publicly held companies in various industries. His current activities provide him with valuable exposure to developments in board oversight responsibilities, corporate governance, risk management, accounting and financial reporting, which enhances his service to us as Chairman of our Board. In addition, Mr. Losh has experience with and understands complex international financial transactions. He possesses substantial finance and accounting expertise gained through his experience as CFO of large organizations and through his service on other boards and audit committees. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
Richard A. Manoogian Chairman Emeritus since 2012 Age 79 | Director since 1964 | Director Class III (term expires 2018)* RELEVANT SKILLS AND EXPERIENCE Mr. Manoogian was instrumental in the dramatic growth of Masco to one of the largest manufacturers in North America of brand-name products for home improvement and new home construction. His experience in navigating our Company through various phases of its transformation and diversification provides our Board with unique and extensive knowledge of our Company's history and strategies. As a long-term leader at Masco, Mr. Manoogian possesses firsthand knowledge of our operations as well as a deep understanding of the home improvement and new home construction industries. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
Christopher A. O'Herlihy Vice Chairman of Illinois Tool Works Inc., a global diversified industrial manufacturer of specialized industrial equipment, consumables, and related service businesses, since 2015 Age 52 | Director since 2013 | Director Class II (term expires 2017)* RELEVANT SKILLS AND EXPERIENCE Mr. O'Herlihy joined Illinois Tool Works Inc. in 1989 and has been promoted to various positions with increased responsibilities. In his various roles, he has acquired extensive knowledge and experience in all aspects of business, including business strategy, operations, acquisitions, emerging markets, financial performance and structure, legal matters, and human resources/talent management. His current responsibilities include developing and executing the overall corporate growth strategy. He brings to our Board strategic insight and understanding of complex business and manufacturing operations, as well as a valuable perspective of international business operations, gained through his experience with a multi-billion dollar diversified global organization. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
Donald R. Parfet Managing Director, Apjohn Group, LLC, a business development company, since 2000 General Partner, Apjohn Ventures Fund, Limited Partnership, a venture capital fund, since 2003 Age 63 | Director since 2012 | Director Nominee for Class I (term expires 2019)* RELEVANT SKILLS AND EXPERIENCE As an executive with responsibilities for numerous global businesses, Mr. Parfet brings extensive financial and operating experience to our Board, including financial and corporate staff management responsibilities and senior operational responsibilities for multiple global business units. His experience in business development and venture capital firms provides our Board with a valued perspective on growth and strategy. He is also experienced in leading strategic planning, risk assessment, human resource planning and financial planning and control. His global operating experience, strong financial background and proven leadership capabilities are especially important to our Board's consideration of product and geographic expansion and business development opportunities. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
Lisa A. Payne Vice Chairman of Taubman Centers, Inc., a real estate investment trust (2005 - March 2016) Age 57 | Director since 2006 | Director Nominee for Class I (term expires 2019)* RELEVANT SKILLS AND EXPERIENCE Ms. Payne possesses extensive financial, accounting and corporate finance expertise gained through her experience as Chief Financial Officer of Taubman Centers and as an investment banker. Her financial focus and proficiency helped guide Taubman Centers through the economic recession and increased shareholder value. She brings to our Board an understanding of growth strategy. In addition, Ms. Payne's extensive experience in real estate investment, development and acquisition gives her an informed and thorough understanding of macroeconomic factors that may impact our business. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
John C. Plant Retired Chairman of the Board and Chief Executive Officer of TRW Automotive Holdings Corp., a diversified automotive supplier Age 62 | Director since 2012 | Director Class III (term expires 2018)* RELEVANT SKILLS AND EXPERIENCE Based on his leadership positions with multi-billion dollar diversified global companies, Mr. Plant brings to our Board strategic insight and understanding of complex operations as well as a valuable perspective of international business. He understands how to manage a company through economic cycles and major transactions. He also has a strong background in finance and extensive knowledge and experience in all aspects of business, including operations, business development matters, financial performance and structure, legal matters and human resources. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
Reginald M. Turner Attorney and Member, Clark Hill PLC, a Detroit, Michigan-based law firm, since April 2000, and currently serves on its Executive Committee Age 56 | Director since 2015 | Director Nominee for Class I (term expires 2019)* RELEVANT SKILLS AND EXPERIENCE As an accomplished litigator and legal advisor with expertise in labor and employment law and government relations, Mr. Turner brings to our Board powerful insight in these areas. His background, coupled with his service as a director of a financial institution and a member of its enterprise risk committee, make him a valuable asset to our Board in the areas of risk management and finance. Mr. Turner has numerous and varied experiences in business, civic and charitable leadership roles, and his skills and insight benefit our Board as it considers issues of risk management, corporate governance and legal risk. BUSINESS EXPERIENCE
BOARD COMMITTEES * Director classes:
Mary Ann Van Lokeren Retired Chairman and Chief Executive Officer of Krey Distributing Company, a beverage distribution firm Age 68 | Director since 1997 | Director Class III (term expires 2018)* RELEVANT SKILLS AND EXPERIENCE Ms. Van Lokeren's nearly 20 years of experience as the Chairman and CEO of a large and successful distribution company gives her valuable insight into many facets of company leadership and management including personnel, marketing, customer relationships and overall business strategy. She also brings to our Board an understanding of product distribution and logistics. Her current and past service as a director of other public companies and non-profit organizations gives her a broad perspective on issues of corporate governance, executive compensation, board oversight and risk management. BUSINESS EXPERIENCE
* Director classes:
Audit Committee 7 meetings in 2015 Our Audit Committee assists our Board in its oversight of the integrity of our financial statements, the effectiveness of our internal controls over financial reporting, the qualifications, independence and performance of our independent auditors, the performance of our internal audit function, and our compliance with legal and regulatory requirements, including our employees' compliance with our Code of Business Ethics. At each of its meetings, our Audit Committee oversees risks related to financial reporting through review and discussion of management's reports and analyses of financial reporting risk and risk management practices. Periodically, our Audit Committee reviews and discusses certain additional financial and non-financial risks that we believe are most germane to our business activities. Our Board has determined that each member of our Audit Committee is independent and financially literate. Five members of our Audit Committee, Messrs. Alexander, O'Herlihy, Parfet and Plant and Ms. Payne, qualify as "audit committee financial experts" as defined in Item 407(d)(5)(ii) of Regulation S-K. Organization and Compensation Committee 8 meetings in 2015 Our Compensation Committee determines executive compensation, evaluates the performance of our senior executives, determines and administers restricted stock awards and options granted under our stock incentive plan, administers our Long Term Cash Incentive Program, and reviews our management succession plan, including periodically reviewing our CEO's evaluation and recommendation of potential successors. Information about our Compensation Committee's process for consideration and determination of executive compensation, and a description of the role of the compensation consultant engaged by the Compensation Committee, are presented in the "Compensation Discussion and Analysis" below. In addition, our Compensation Committee considers risks arising from our compensation policies and practices, and has determined that such risks are not reasonably likely to have a material adverse effect on us. Our executive officers and other members of management report to the Compensation Committee on executive compensation programs at our business units to assess whether these programs or practices expose us to excessive risk. Corporate Governance and Nominating Committee 4 meetings in 2015 Our Governance Committee advises our Board on the governance structure and conduct of our Board and has responsibility for developing and recommending to our Board appropriate corporate governance guidelines and policies. In addition, our Governance Committee identifies and recommends qualified individuals for nomination and re-nomination to our Board and recommends directors for appointment and re-appointment to Board committees. |