BNET Industries

Georgia Gulf Corp.

(GGC) is in the Manufacturing Industry

Market Cap:$448.0M
Last Fiscal Year Sales:$3.1B
  • Public
  • US
Dow Jones Description

Georgia Gulf Corporation is a leading North American manufacturer and international marketer of two integrated chemical product lines, chlorovinyls and aromatics. Our primary chlorovinyls products are chlorine, caustic soda, vinyl chloride monomer ("VCM"), vinyl resins and vinyl compounds, and our aromatics products are cumene, phenol and acetone. On October 3, 2006, we completed the acquisition of Royal Group Technologies Limited, which was subsequently renamed Royal Group, Inc. ("Royal Group"), a leading North American manufacturer and marketer of vinyl-based building and home improvement products. Royal Group's core businesses now consist of five product lines: (i) window and door profiles; (ii) mouldings; (iii) siding; (iv) pipe and pipe fittings; and (v) deck, fence and rail products.

Chief Executive Officer
Jerry R. Satrum
Number of Employees 3,987
Contact Information

115 Perimeter Ctr Pl Ste 460

Atlanta, Georgia 30346

ggc.com

(770) 395-4500

NAICS Code All Other Miscellaneous Chemical Product and Preparation Manufacturing: 325998

Recent Events

  • A Careful Look at Georgia Gulf's Earnings

    11/05/09 - Financial Announcement - View Story

  • Georgia Gulf sinks to Q2 loss

    8/05/09 - Financial Announcement - View Story

News & Analysis

georgia gulf corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Jerry R. Satrum Chief Executive Officer
Paul D. Carrico President & CEO
Gregory C. Thompson Chief Financial Officer
James T. Matthews Chief Financial Officer
Mark Buckis Interim Chief Financial Officer
Mark J. Orcutt Executive Vice President, Building Products
C. Douglas Shannon Vice President, Procurement
Dennis M. Chorba Vice President, Administration
James Worrell Vice President, Human Resources
Joel I. Beerman Vice President
William H. Doherty Vice President
Mark J. Seal Vice President, Outdoor Building Products
John E. Akitt Director
Charles L. Henry Director
Clarence E Terry Director

Board of Directors

Name (plus bio) Position
Patrick J Fleming Chair of Board
Charles T. Harris Board of Directors
John D. Bryan Board of Directors
Wayne C. Sales Board of Directors
Yoshi Kawashima Board of Directors

Organization Position Status
Georgia Gulf Corporation Chief Executive Officer Current
Georgia Gulf Corporation President Current
Royal Group Technologies Director Current
Pvc News Director Current
Georgia Gulf Corporation Director Current
Cytec Industries, Inc. Board of Directors Current
Georgia Gulf Corporation Audit Committee Member Current

"Paul Carrico has served as Georgia Gulf Corporation's President and Chief Executive Officer since February 2008. Prior to this position, Paul served as the company's Vice President - Chemicals & Vinyls. He began his employment with Georgia Gulf in 1999 as resin business manager. In 2005, he became the company's vice president of polymers. Prior to joining Georgia Gulf, Paul held several positions with Condea Vista Company (formerly Conoco Chemicals), including plant manager, product manager of PVC and general manager of olefins and vinyl. A native of Louisville, KY, Paul earned an M.S. in Engineering from the University of Louisville in 1973 and a Masters in the Science of Management with an emphasis on corporate and business strategy from MIT in 1993. Paul currently serves as chairman of the Vinyl Institute and as a board member of the Vinyl Siding Institute and the PPFA. He previously served as a board member of the PHH joint venture with PPG."

Organization Position Status
Georgia Gulf Corporation President & CEO Current
Vinyl Institute Chairman Current
Royal Group Technologies Director Current
Pvc News Director Current
Ppfa Board Member Current
Georgia Gulf Corporation Board of Directors Current
Georgia Gulf Corporation Vice President, Chemicals & Vinyls Former
Georgia Gulf Corporation Business Manager Former
Conoco, Inc. Former
University of Louisville M.S. In Engineering Former

"Gregory C. Thompson is Georgia Gulf’s Chief Financial Officer. Prior to joining Georgia Gulf, Greg served as Senior Vice President and Chief Financial Officer of Invacare Corporation, beginning in November 2002. He also served as Senior Vice President and Chief Financial Officer of Sensormatic Electronics Corporation, a global manufacturer of electronic security products, from October 2000 to January 2002 and was Vice President and Controller from February 1997 to October 2000. Previously, Greg was Vice President and Corporate Controller for Wang Laboratories from August 1994 to February 1997 and Assistant Corporate Controller from October 1990 to August 1994. Greg is a Certified Public Accountant with a BS Degree in accounting from the Virginia Polytechnic Institute and State University. "

Organization Position Status
Georgia Gulf Corporation Chief Financial Officer Current
Sensormatic Electronics Corporation Chief Financial Officer Former
Sensormatic Electronics Corporation Senior Vice President Former
PricewaterhouseCoopers Former

Organization Position Status
Georgia Gulf Chemicals & Vinyls, L.L.C. CEO Current
Georgia Gulf Corporation Chief Financial Officer Current
Georgia Gulf Corporation Vice President, Finance Current
Georgia Gulf Corporation Treasurer Current
Georgia Gulf Chemicals & Vinyls, L.L.C. CFO Former
Georgia Gulf Corporation Corporate Controller Former
Stanford University Law Degree Former
University of Chicago Masters Degree Former

Organization Position Status
Georgia Gulf Corporation Interim Chief Financial Officer Current
Royal Group Technologies Vice President & Corporate Controller Current
Georgia Gulf Corporation Vice President & Corporate Controller Current
Pvc News Vice President & Corporate Controller Current

Mark Orcutt has served as Georgia Gulf's Executive Vice President - Building Products since December 2008. Prior to joining Georgia Gulf, Mark was held a variety of commercial and general management positions with PPG Industries, most recently Vice President of Performance Glazings. He has a proven record of growing global businesses, successfully implementing integration strategies, and improving sales and profitability. Mark earned an M.B.A and a B.S. in Economics from Lehigh University in Bethlehem, Pennsylvania.

Organization Position Status
Royal Group Technologies Executive Vice President, Building Products Current
Georgia Gulf Corporation Executive Vice President, Building Products Current

Doug Shannon has been a Vice President of Georgia Gulf Corporation since 2000 and is currently responsible for the Procurement function. He began his employment with Georgia Gulf in 1983 in purchasing, and subsequently moved to product manager of VCM, and then business manager of electrochemicals, before becoming director of business area management. Prior to joining Georgia Gulf, Doug worked with both U.S. Steel and Delta Resources. A native of Baltimore, Maryland, Doug received a B.S. and an M.S. in Chemical Engineering from Rensselaer Polytechnic Institute in Troy, New York.

Organization Position Status
Royal Group Technologies Vice President, Procurement Current
Pvc News Vice President, Procurement Current
Georgia Gulf Corporation Vice President, Procurement Current
Royal Group Technologies Board of Directors Current
Pvc News Board of Directors Current
Georgia Gulf Corporation Director of Business Area Management Former
Georgia Gulf Corporation Product Manager of Vcm Former
Rensselaer Polytechnic Institute M.S. In Chemical Engineering Former
Rensselaer Polytechnic Institute B.S. Former

Dennis M. Chorba is a member of the Board of Directors of Georgia Gulf Corporation, and is retired from his position as Vice President, Administration with Georgia Gulf.

Organization Position Status
Georgia Gulf Corporation Vice President, Administration Current
Georgia Gulf Corporation Chairman Current
Royal Group Technologies Director Current
Pvc News Director Current
Georgia Gulf Corporation Director Current

James Worrell currently serves as Vice President, Human Resources for Georgia Gulf Corporation. James joined Georgia Gulf at its inception in January 1985 as Headquarters Personnel Manager. He was promoted to Manager, Corporate Personnel in 1987 and to Manager, Corporate Personnel and Benefits in 1988. He served as Director, Human Resources from 1993 until being promoted to Vice President in September 2006. Prior to joining Georgia Gulf, James held a number of personnel and employment services positions with the Georgia-Pacific Corporation and the Georgia Department of Labor. James holds a bachelor's degree from the University of Georgia. He has SPHR and CCP certifications.

Organization Position Status
Royal Group Technologies Vice President Human Resources Current
Pvc News Vice President Human Resources Current
Georgia Gulf Corporation Vice President, Human Resources Current
Georgia Gulf Corporation Headquarters Personnel Manager Current
Royal Group Technologies Board of Directors Current
Pvc News Board of Directors Current
Georgia Gulf Corporation Director, Human Resources Former
Human Resources Incorporated Manager Former
Georgia-Pacific Corporation Personnel and Employment Services Positions Former
Georgia Department of Labor Former
Georgia Gulf Corporation Bachelor's Degree Former
The University of Georgia Bachelor's Degree Former

Joel Beerman has been Georgia Gulf Corporation's vice president, general counsel, and secretary since 1994. Prior to joining Georgia Gulf, Joel was an attorney for Georgia-Pacific Corporation, which developed the chemical operations that was acquired by Georgia Gulf. A native of Pennsylvania, Joel earned a degree from Boston University. He then earned a juris doctorate from Seattle University and owned a private law practice for four years.

Organization Position Status
Royal Group Technologies Vice President, General Counsel, Secretary Current
Pvc News Vice President, General Counsel, Secretary Current
Georgia Gulf Corporation Vice President Current
Georgia-Pacific Corporation Attorney Former
Georgia Gulf Corporation General Counsel Former
Georgia Gulf Corporation Secretary Former
Seattle University Juris Doctorate Former
Boston University Degree Former

Bill Doherty is Georgia Gulf Corporation's Vice President - Custom Products. Prior to this position, Bill served as Georgia Gulf Corporation's vice president of vinyl compounds starting in 1999. He began his employment with Georgia Gulf in 1982 as product manager of vinyl compounds, and subsequently moved to sales manager and then business manager before becoming general manager of vinyl compounds. Prior to joining Georgia Gulf, Bill served as an account manager and then in marketing for General Electric Plastics. A native of Buffalo, New York, Bill attended Clemson University and the State University of New York at Buffalo where he completed his degree program in Economics.

Organization Position Status
Royal Group Technologies Vice President, Pvc Compounds Current
Pvc News Vice President, Custom Products Current
Royal Group Technologies Board of Directors Current
Pvc News Board of Directors Current
Georgia Gulf Corporation General Manager of Vinyl Compounds Former
Georgia Gulf Corporation Sales Manager Former
Georgia Gulf Corporation Lecturer Former
Clemson University NA Former
State University of New York at Buffalo Degree Former

Organization Position Status
Pvc News Vice President, Outdoor Building Products Current
Royal Group Technologies Vice President, Aromatics and Additives Current
Pvc News Board of Directors Current
Royal Group Technologies Board of Directors Current
Georgia Gulf Corporation Business and Manufacturing Director of Vinyl Resins Former
Georgia Gulf Corporation Business Manager of Electrochemicals Former
Georgia-Pacific Corporation Product Manager Former
Georgia-Pacific Corporation Sales Representative Former
Vinyl Institute Board of Directors Former
University of Cincinnati B.S. In Chemistry Former

Mr. Akitt is retired from the position of Executive Vice President with Exxon Chemical Company, a division of Exxon Corporation. He has held many positions with leading chemical industry associations in Canada, Europe, and the United States and has been a consultant to the Chemical Manufacturers Association (the predecessor to the American Chemistry Council) and a Director of the Chemical Industry Institute of Toxicology. Mr. Akitt currently serves as a Director at Georgia Gulf Corp. and he previously served as a Director of Cytec Industries Inc. and Dofasco Inc. Mr. Akitt holds a BASc degree in chemical engineering from the University of Toronto and resides in Bonita Springs, Florida.

Organization Position Status
CFO, COO, Comptroller Manager Current
CFO, COO, Comptroller Board of Directors Current
Georgia Gulf Corporation Director Current
Georgia Gulf Corporation Nominating and Corporate Governance Committee Chairman Former
Cytec Industries, Inc. Director Former
University of Toronto Degree In Chemical Engineering Former

Organization Position Status
Georgia Gulf Corporation Chair of Board Current
Pvc News Chairman of the Board Current
Georgia Gulf Corporation Board of Directors Current
Royal Group Technologies Committee Member Current
Georgia Gulf Corporation Audit Committee Member Current

Charles L. (Jerry) Henry is a member of the Board of Directors of Georgia Gulf Corporation, and is the retired Chairman and CEO of Johns Manville Corporation.

Organization Position Status
Georgia Gulf Corporation Director Current
Lennox International Inc. Board of Directors Current
Mwh Constructors, Inc. Director Current
MWH Global, Inc. Director Current
Georgia Gulf Corporation Compensation Committee Member Current
Johns Manville Corporation Chief Executive Officer Former
Johns Manville Corporation Chairman Former
The University of Tennessee BS In Engineering Physics Former

Organization Position Status
Georgia Gulf Corporation Board of Directors Current

Organization Position Status
Georgia Gulf Corporation Director Current

Organization Position Status
Georgia Gulf Corporation Board of Directors Current

Wayne Sales is a member of the Board of Directors of Georgia Gulf Corporation. He is the retired President and CEO of Canadian Tire Corporation, Limited.

Organization Position Status
Georgia Gulf Corporation Board of Directors Current

Yoshi Kawashima is a member of the Board of Directors of Georgia Gulf Corporation. Mr. Kawashima is currently president, YK Resources, and has served as chairman and chief executive officer, Reichhold, Inc.

Organization Position Status
Georgia Gulf Corporation Board of Directors Current
Pvc News Director Current
Royal Group Technologies Committee Member Current
Georgia Gulf Corporation Nominating and Corporate Governance Committee Member Current
DIC Imaging Products USA Inc. Chief Executive Officer Former
Reichhold, Inc. Chief Executive Officer Former
DIC Imaging Products USA Inc. Chairman Former
Reichhold, Inc. Chairman Former
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     GGC $13.59 -0.56 (-3.96% )
Average Volume 167,805
Shares Outstanding 32.97M
Market Cap 448.0M
Year High 39
Year Low 0.22
Earnings Per Share -133.75
P/E Ratio -0.10
Dividend 8.00
Yield 58.87
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