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Lawson Products Inc (LAWS.OQ)

LAWS.OQ on NASDAQ Stock Exchange Global Select Market

24.40USD
12 Dec 2017
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Summary

Name Age Since Current Position

Ronald Port

74 2007 Independent Chairman of the Board

Michael DeCata

58 2012 President, Chief Executive Officer, Director

Ronald Knutson

52 2012 Chief Financial Officer, Executive Vice President

Neil Jenkins

66 2014 Executive Vice President, General Counsel, Secretary

Shane McCarthy

47 2015 Senior Vice President- Supply Chain and Business Development

John King

46 2017 Director

Andrew Albert

70 2009 Independent Director

I Steven Edelson

56 2009 Independent Director

James Errant

66 2007 Independent Director

Lee Hillman

59 2004 Independent Director

Thomas Postek

75 2005 Independent Director

Wilma Smelcer

66 2004 Independent Director

Biographies

Name Description

Ronald Port

Dr. Ronald B. Port, M.D., is an Independent Chairman of the Board of Lawson Products Inc., since April 2007. Mr. Port has served as Chairman of the Board of Directors since April 2007. Dr. Port is a retired physician. Dr. Port has been a director of the Company since 1984 and is the son of the founder of the Company. Dr. Port's long-term successful stewardship of the Company as a Director and the unique perspective and knowledge gained from his relationship with the Company's founder qualify him to serve as a Director.

Michael DeCata

Mr. Michael G. DeCata is President, Chief Executive Officer, Director of Lawson Products, Inc., September 2012. Mr. DeCata was appointed on September 24, 2012 as President and Chief Executive Officer of the Company. He was elected to the Board of Directors in 2013. Prior to his appointment, Mr. DeCata worked in private equity, conducting acquisition analysis and due-diligence for private equity firms in New York, Connecticut and Boston from 2009 to 2012. Prior to that, he was President of Chefs' Warehouse, a $300 million specialty food distributor with distribution centers in New York City, Baltimore, Los Angeles, San Francisco and Las Vegas from 2006 to 2009. From June 2008 until June 2013, he served on the Board of Directors of Crescent Electric Supply, one of the largest electrical distributors in the United States. Prior to his position at the Chefs' Warehouse, he led the Contractor Supplies Division of United Rentals, a $4.0 billion construction equipment rental company. Mr. DeCata also led Fleet Operations at United Rentals which included the acquisition of new construction equipment as well as maintenance of the fleet and sales of used equipment. From 1997 until 2002 he led the eastern region of WW Grainger. The eastern region generated over $1.4 billion in sales, and consisted of 152 branch locations and a team of approximately 2,000. Mr. DeCata began his career at General Electric and worked in a variety of cross-functional as well as cross-business positions from 1979 until 1997. His GE positions included GE Plastics, GE Semiconductor, GE Robotics & Factory Automation, GE Capital, GE Power Systems, GE Utility and Industrial Sales Division and others.

Ronald Knutson

Mr. Ronald J. Knutson is Chief Financial Officer, Executive Vice President of Lawson Products, Inc. Mr. Knutson was elected Executive Vice President, Chief Financial Officer effective July 2012 and joined the Company as Senior Vice President, Chief Financial Officer effective November 2009. Mr. Knutson served as Senior Vice President, Chief Financial Officer of Frozen Food Express Industries, Inc. from January 2009 to November 2009.

Neil Jenkins

Mr. Neil E. Jenkins is Executive Vice President, General Counsel, Secretary of Lawson Products, Inc. Mr. Jenkins was elected Executive Vice President, Secretary and General Counsel in 2004.

Shane McCarthy

Mr. Shane T. McCarthy is Senior Vice President- Supply Chain and Business Development of Lawson Products, Inc. Mr. McCarthy was elected Senior Vice President, Supply Chain in June of 2014. Mr. McCarthy served as Senior Vice President, Operations from July 2012 to June 2014 and previously served as Vice President of Distribution and Logistics from April 2008 to June 2012.

John King

Mr. John Bryan King, CFA, has been appointed as Director of the Company, with effect from May 16, 2017. He is a principal of Luther King Capital Management and has acted as an investment manager responsible for micro and small-capitalization public and private investments since 1994. He founded and serves as managing partner of LKCM Capital Group, which is responsible for LKCM's alternative investment strategies. He also founded LKCM Private Discipline Partnership, a multi-strategy partnership that focuses on making strategic and collaborative investments in micro-cap and private companies, as well as LKCM Headwater Investments, a middle market buy-out firm that focuses on control and strategic private equity investments. Additionally, he established the firm's Distribution Holdings oversight advisory board in 2003 to support investment activities by LKCM and its affiliates in distribution, packaging, parts and services and rental focused businesses. Mr. King has served on boards of both public and private companies as well as civic organizations. He graduated with a Bachelor of Arts in History from Princeton University, received a Ranch Management degree from Texas Christian University, and received a Masters of Business Administration from Harvard Business School.

Andrew Albert

Mr. Andrew B. Albert is an Independent Director of Lawson Products Inc. He has served as Managing Director and Operating Partner of Svoboda Capital Partners LLC, a private equity investment firm, since February 2007. From December 2000 through May 2006, Mr. Albert served as Chairman and Chief Executive Officer of Nashua Corporation, a manufacturer and converter of specialty paper products and toner. Mr. Albert also served as non-executive Chairman of Nashua's Board of Directors from December 2006 through September 2009. Mr. Albert serves as a Director on the Boards of Border Construction Specialties, a distributor of specialty construction products; Forsythe Technologies, a technology consulting and sales firm; and Transco, Inc., a diversified industrial company. Mr. Albert serves on the Board of Directors of the National Parkinson's Foundation and the Advisory Board of the University of Wisconsin Entrepreneurship Center.

I Steven Edelson

Mr. I. Steven Edelson is Independent Director of Lawson Products Inc. Mr. Edelson has served as co-founder and now a non-Managing Director of International Facilities Group, a leading facilities development and management company, since June 1995. Mr. Edelson also serves as Principal and Managing Director of The Mercantile Capital Group, a Chicago based private equity investment firm. Mr. Edelson has more than 25 years of real estate transaction experience. Currently Mr. Edelson is a Managing Member of the Lake Erie Crushers, a professional minor league baseball team in the independent Frontier League. Mr. Edelson is also a member of the Board of Governors of the Hebrew University in Jerusalem. Mr. Edelson is a Trustee at the Truman Institute for Peace. Mr. Edelson is the proud recipient of the 2005 Ellis Island Congressional Medal of Honor. In 2014, Mr. Edelson became an NACD Board Leadership Fellow.

James Errant

Mr. James S. Errant is an Independent Director of Lawson Products Inc., since 2007. He developed, owned and operated thirteen restaurants over 38 years from 1973 - 2011. Mr. Errant was involved in all facets of the business including: design and construction, concept and product development, marketing, finance management, and employee management. These professional experiences qualify him to serve as a Director.

Lee Hillman

Mr. Lee S. Hillman is an Independent Director of Lawson Products Inc. He has served as President of Liberation Advisory Group, a private management consulting firm, since 2003. Mr. Hillman has served as Chief Executive Officer of Performance Health Systems, LLC, an early-stage business distributing bioDensity™ branded, specialty health and exercise equipment, since January 2009. From February 2006 to May 2008, Mr. Hillman served as Executive Chairman and Chief Executive Officer of Power Plate International ("Power Plate"). In November 2012, PPI Acquisitions, LLC, a consortium headed by Mr. Hillman, reacquired the assets of Power Plate, including the global Power Plate brand, and in January 2013, PPI Acquisitions merged with Performance Health Systems. Mr. Hillman leads the combined company, serving as its CEO, now named Performance Health Systems, LLC. Mr. Hillman has served as a member of the Board of Directors as well as a member of the audit committees of: HealthSouth Corporation, Wyndham International, and RCN Corporation. Currently, he serves as Trustee and member of the audit committee at Adelphia Recovery Trust.

Thomas Postek

Mr. Thomas S. Postek is an Independent Director of Lawson Products Inc., since 2005. He is a Chartered Financial Analyst currently affiliated with Geneva Advisors since January 2005. Mr. Postek was a partner and principal of William Blair & Company, LLC, a Chicago-based investment firm, from 1986 to 2001. During his tenure at William Blair, Mr. Postek covered various business services as an analyst, including industrial distribution. Mr. Postek is also a director of UniFirst Corporation. These professional experiences, along with Mr. Postek's particular knowledge and expertise in finance and capital management, qualify him to serve as a Director.

Wilma Smelcer

Ms. Wilma J. Smelcer is an Independent Director of Lawson Poducts Inc., since 2004.She served as a member of the Board of Governors of the Chicago Stock Exchange from 2001 until April 2004. From 2001 through 2006, Ms. Smelcer was a trustee of Goldman Sachs Mutual Fund Complex (a registered investment company). Ms. Smelcer served as Chairman of Bank of America, Illinois from 1998 to 2001.

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