BNET Industries
Last Fiscal Year Sales:$3.1B
- Private
- US
Dow Jones Description
Chemicals, Plastics, Composite Materials Distr; Environmental Services
Chief Executive Officer
James J. O'BrienNumber of Employees 1,600
Peer Companies
NAICS Code Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals): 424720
Recent Events
-
Ashland Inc. board declares regular quarterly dividendNovember 19, 2009
-
Ashland Distribution Forms Green Program for Composites Manufacturers (5-6-09)
News & Analysis
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ashland distribution and ashland inc. - All News and Analysis
Ashland Inc. will sell construction division
LOUISVILLE, Ky. -- Chemicals and construction company Ashland Inc. said Monday it has agreed to sell its highway construction division to integrated construction materials holding company Oldcastle Materials Inc. for $1.3 billion, allowing Ashland to focus on its core chemical operations. Ashland shares tumbled nearly 6 percent. The...
Covington, Ky.-Based Ashland Beats Fourth-Quarter Expectations.
Knight Ridder/Tribune Business News Oct. 26 -- Valvoline and other wholly owned businesses helped push Ashland Inc. to a stronger-than-expected fourth-quarter showing, the company reported yesterday. The Covington holding company reported net income excluding unusual items of $79 million, or $1.08...
Covington, Ky.-Based Chemical Company Plans Stock Buyback.
Knight Ridder/Tribune Business News Sep. 17 -- Ashland Inc. announced plans yesterday to buy back 3 million more shares as it tries to reverse the stock's slide to a three-year low. The company also added Cummins Engine Co. president Tim Solso to...
Covington, Ky., Coal Company Makes Bid for Danish Road Builder.
Knight Ridder/Tribune Business News Aug. 11 -- Ashland Inc. has been showing its more aggressive side lately. No longer simply an Appalachian refiner, Ashland has unleashed a flurry of deals and possible deals over the last few months. Recent...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| James J. O'Brien | Chief Executive Officer |
| Dale M. Macdonald | President, China |
| Michael Shannon | President, Supply Chain |
| Peter H. Rijneveldshoek | President, Europe |
| Samuel J. Mitchell | President, Consumer Markets |
| Theodore L. Harris | President |
| J. Marvin Quin II | Chief Financial Officer |
| Luca P. Fontana | Chief Technology Officer |
| Roger B. Craycraft | Chief Information Officer |
| Daragh L. Porter | Vice President, Finance |
| Frank Waters | Vice President and President, Ashland Water Technologies and Ashland Performance Materials |
| John W. "Jack" Joy | Vice President, Strategic Planning and Analysis |
| Karen T. Murphy | Vice President, Environmental Health and Safety |
| Kristy Folkwein | Vice President, Information Systems |
| Lamar M. Chambers | Vice President |
| Larry L. Detjen | Vice President, Business Integration |
| Martha C. Johnson | Vice President, Communications and Corporate Affairs |
| Michael J. Toohey | Vice President, Government Relations |
| Rick E. Music | Vice President, Enterprise Optimization |
| Susan B. Esler | Vice President, Human Resources and Communications |
| J. Kevin Willis | General Auditor |
| Linda L. Foss | Corporate Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Mannie L. Jackson | Chairman, Governance & Nominating Committee |
| Michael J. Ward | Chairman, Finance Committee |
| Theodore M. Solso | Chairman, Personnel & Compensation Committee |
| George A. Schaefer | Board of Directors |
Ashland Inc. Chairman and Chief Executive Officer James J. O'Brien, 54, 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 chemicals company. O'Brien guides a company of 16,000 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.
| Organization | Position | Status |
|---|---|---|
| Ashland, Inc. | CEO | Current |
| Ashland Distribution | Chief Executive Officer | Current |
| Ashland Distribution | Chairman | Current |
| Ashland, Inc. | Chairman | Current |
| Humana Inc. | Board of Directors | Current |
| Business-Higher Education Forum | Board of Directors | Current |
| Big Brothers Big Sisters | Board Director | Current |
| KMG America Corporation | Board of Directors | Current |
| Ashland Distribution | President | Former |
| Ashland, Inc. | President | Former |
| The Valvoline Company | President | Former |
| Ashland Distribution | Chief Operating Officer | Former |
| Ashland, Inc. | Chief Operating Officer | Former |
| Ashland, Inc. | Senior Vice President, Ashland Distribution | Former |
| Ashland Specialty Chemical | Senior Vice President | Former |
| Ashland Distribution | Senior Vice President | Former |
| Ashland, Inc. | Group Operating Officer for Ashland Distribution | Former |
| Ashland Distribution | Executive Assistant | Former |
| Ashland Specialty Chemical | Group Operating Officer | Former |
| Leadership Kentucky | Graduate | Former |
| The Ohio State University | MBA | Former |
| The Ohio State University | Bachelors Degree In Accounting and Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | President, China | Current |
| Ashland, Inc. | Vice President and President, Ashland China | Current |
| Ashland Distribution | Vice President | Former |
| Ashland, Inc. | General Manager, Fine Ingredients | Former |
| Ashland, Inc. | Director of Sales | Former |
| Ashland Distribution | District Manager, Plastics Business | Former |
| Dow Chemical Canada Inc | Product Marketing Manager | Former |
| Dow Chemical Canada Inc | Sales Representative | Former |
| Ashland, Inc. | Business Development Specialist | Former |
| The Ohio State University | Master's Degree In Business Administration | Former |
| Alma College | Bachelor's Degree | Former |
| Indiana University | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | President, Supply Chain | Current |
| Ashland, Inc. | Vice President and President, Ashland Supply Chain | Current |
| Northeast Oral and Maxillofacial Surgery Associates | Current | |
| The Valvoline Company | Current | |
| American Dental Association | Board of Directors | Current |
| Massachusetts Dental Society | Board of Directors | Current |
| American Dental Association | Member | Current |
| Massachusetts Dental Society | Member | Current |
| Ashland Distribution | Vice President | Former |
| Ashland Distribution | General Manager, Petrochemical Business | Former |
| Ashland Distribution | Assistant Manufacturing Director, Business Group | Former |
| Ashland Distribution | Process Engineer, Composite Polymers’ | Former |
| Ashland, Inc. | Gm, Petrochemical Business | Former |
| American Board of Oral and Maxillofacial Surgery | Diplomate | Former |
| Temple University | MBA | Former |
| University of Pennsylvania | Bachelors Degree In Chemical Engineering | Former |
| Harvard Business School | Executive Development Program. | Former |
| College of the Holy Cross | Former | |
| Tufts University School of Dental Medicine | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | President, Europe | Current |
| Ashland Distribution | Bachelor's Degree, Chemistry | Current |
| Ashland Distribution | Industrial Vice President, Europe and the Middle East | Former |
| Ashland Distribution | General Manager, Drew Industrial's Dutch Operations | Former |
| Ashland Distribution | Director, European Shared Business Services | Former |
| Ashland Distribution | Marketing Manager, Drew Industrial Europe | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | President, Consumer Markets | Current |
| Ashland, Inc. | Vice President and President, Ashland Consumer Markets | Current |
| National Association of Manufacturers | Board Member | Current |
| University of Kentucky | Board Member | Current |
| The Valvoline Company | President | Former |
| Ashland Distribution | Vice President, Consumer Markets | Former |
| Ashland Distribution | General Manager, Diy | Former |
| Ashland, Inc. | General Manager of Diy | Former |
| Ashland, Inc. | Director of Marketing | Former |
| Ashland Distribution | Director, Marketing Valvoline's Brand Management Group | Former |
| The Clorox Company | Brand and Category Management Leadership Positions | Former |
| University of Chicago | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | President | Current |
| Ashland, Inc. | Vice President | Current |
| Ashland Distribution | Vice President | Former |
| FMC Corporation | General Manager Food Ingredients Division | Former |
| Ashland Distribution | General Manager, Composite Polymers Business Group | Former |
| Lehigh University | Bachelors Degree In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland, Inc. | Senior Vice President and Chief Financial Officer | Current |
| Ashland Distribution | Chief Financial Officer | Current |
| Cincinnati Symphony Orchestra | Chairman | Current |
| Transylvania University | Board Member | Current |
| Ashland Distribution | Senior Vice President | Former |
| Arch Coal, Inc. | Board Member | Former |
| Ashland, Inc. | Treasurer | Former |
| Kentucky Electric Steel, Inc. | Board Member | Former |
| University of Virginia | MBA | Former |
| University of Mississippi | Bachelor's Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Chief Technology Officer | Current |
| Ashland Distribution | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Chief Information Officer | Current |
| Ashland Distribution | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President, Finance | Current |
| Ashland Distribution | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President and President, Ashland Water Technologies and Ashland Performance Materials | Current |
| Ashland, Inc. | President, Distribution Division | Former |
| Ashland Distribution | Vice President | Former |
| Ashland Distribution | General Manager . Distribution's Ashland Plastics Division | Former |
| Ashland Distribution | Regional Sales Director, Industrial Chemicals & Solvents Division | Former |
| Ashland, Inc. | Regional Sales Director | Former |
| Ashland, Inc. | District Manager | Former |
| Ashland Distribution | District Manager | Former |
| Ashland, Inc. | Executive Assistant | Former |
| Ashland Distribution | Business Development Specialist | Former |
| Ohio University Athens | Bachelors Degree In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President, Strategic Planning and Analysis | Current |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President, Environmental Health and Safety | Current |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President, Information Systems | Current |
| Ashland, Inc. | Vice President, Information Systems | Current |
"Mr. Chambers, 54, possesses extensive experience managing financial, administrative and operational functions broadly within Ashland. Elected senior vice president and chief financial officer in 2008, 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. 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. "
| Organization | Position | Status |
|---|---|---|
| Ashland, Inc. | Vice President and Controller | Current |
| Ashland Distribution | Vice President | Current |
| American Institute of Certified Public Accountants | Member | Current |
| American Institute of Certified Public Accountants | Member | Current |
| Ashland, Inc. | Executive Assistant To CEO | Former |
| Ashland Paving & Construction, Inc. | Senior Vice President, Finance | Former |
| Apac, Inc. | Vice President of Regional Operations | Former |
| Ashland, Inc. | Controller | Former |
| Ashland Paving & Construction, Inc. | Controller | Former |
| Apac, Inc. | Controller | Former |
| Ashland Distribution | Controller | Former |
| Ashland, Inc. | Executive Assistant | Former |
| Ashland, Inc. | Board of Directors | Former |
| University of West Georgia | Bba | Former |
| Indiana University | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President, Business Integration | Current |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President, Communications and Corporate Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President, Government Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President, Enterprise Optimization | Current |
| Ashland, Inc. | Vice President, Enterprise Optimization | Current |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Vice President, Human Resources and Communications | Current |
| Ashland Distribution | Director, Corporate Human Resources | Former |
| Ashland Distribution | Manager, Executive Compensation | Former |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | General Auditor | Current |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Corporate Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Ashland Distribution | Chairman, Governance & Nominating Committee | Current |
| Ashland Distribution | Board Member | Former |
| Organization | Position | Status |
|---|---|---|
| CSX Corporation | President & Chief Executive Officer | Current |
| CSX Real Property Inc. | Chairman, President and Chief Executive Officer | Current |
| CSX Transportation, Inc. | CEO | Current |
| CSX Corporation | Chairman | Current |
| CSX Transportation, Inc. | Chairman | Current |
| Ashland Distribution | Chairman, Finance Committee | Current |
| The Florida Council of 100 | Board Member | Current |
| Ashland, Inc. | Board of Directors | Current |
| The Florida Council of 100 | Member | Current |
| CSX Transportation, Inc. | President | Former |
| CSX Transportation, Inc. | Executive Vice President, Coal Service Group | Former |
| Ashland, Inc. | Finance Committee Chairman | Former |
| CSX Corporation | Board Director | Former |
| Ashland, Inc. | Director | Former |
| CSX Transportation, Inc. | Director | Former |
| Ashland Distribution | Director | Former |
| Ashland, Inc. | Audit Committee Member | Former |
| Organization | Position | Status |
|---|---|---|
| DePauw University | Trustee | Current |
| Ashland Distribution | Chairman, Personnel & Compensation Committee | Current |
| Cummins Brasil Ltda. | Chairman | Current |
| Ashland, Inc. | Board of Directors | Current |
| Cummins, Inc. | Executive Committee Member | Current |
| Cummins, Inc. | CEO | Former |
| Cummins, Inc. | Board Chairman | Former |
| Ashland, Inc. | Personnel & Compensation Committee Chairman | Former |
| Ashland Distribution | Board of Directors | Former |
| Irwin Financial Corp. | Board of Directors | Former |
| Ashland, Inc. | Governance & Nominating Committee Member | Former |
| Organization | Position | Status |
|---|---|---|
| Home Equity of America, Inc. | CEO | Current |
| University of Cincinnati | Chairman, Board of Trustees | Current |
| WellPoint, Inc. | Board of Directors | Current |
| Ashland, Inc. | Board Director | Current |
| Ashland Distribution | Board of Directors | Current |
| Fifth Third Bancorp | Trust Committee Member | Current |
| Ashland, Inc. | Finance Committee Member | Current |
| Fifth Third Bancorp | Chief Executive Officer | Former |
| Fifth Third Bancorp | President | Former |
| Midwest Payment Systems Inc. | President & CEO | Former |
| Fountain Square Management Co. | President | Former |
| Fifth Third Bancorp | Board Chairman | Former |
| Fifth Third Bancorp | Board Director | Former |
Executive News
-
James OBrien
-
Ashland Inc. Completes Sale of Drew Marine to J.F. Lehman & Co.
-
Ohio Governor Strickland, Congressman Latta, and CSX Chairman Ward Break Ground for...
-
Ohio Governor Strickland, Congressman Latta, and CSX Chairman Ward Break Ground for Northwest Ohio Intermodal Terminal
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