The Board of Directors of Green Mountain Coffee Roasters, Inc. (the "Company") sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.
Norman H. Wesley joined GMCR’s Board of Directors in August 2012 and has served as Chairman since December 2012. Mr. Wesley is former CEO and Chairman of Fortune Brands, Inc. He joined Fortune Brands, Inc. in 1984 as part of the acquisition of the company's former office products subsidiary. For more than ten years he led the office products unit, which Fortune Brands spun off to shareholders in 2005. Mr. Wesley became CEO of the company's home and hardware business in 1997, President and COO of Fortune Brands in January 1999, and Chairman and CEO of Fortune Brands in December 1999. He served as CEO through December 2007, and remained Chairman until retiring in September 2008. Mr. Wesley began his career at Crown Zellerbach Corporation, where over a ten-year period he held various management positions, including Vice President and General Manager of the Office Products Group, before joining Fortune Brands, Inc. Mr. Wesley currently serves on the boards of ACCO Brands Corporation, Acuity Brands, Inc. and Fortune Brands Home & Security, Inc. He received a B.S. in finance and an M.B.A. from the University of Utah.
Barbara D. Carlini joined GMCR’s Board of Directors in May 2002. From 2009 until September 2013, Ms. Carlini served as the Senior Vice President and Chief Information Officer of Dean Foods Company, the nation’s largest dairy company. Prior to that she served as Chief Information Officer of Motorola's Mobile Devices Division from May 2006 to January 2008. From November 2001 until March 2006, Ms. Carlini was the Chief Information Officer of Diageo, NA (formerly Guinness North America). Prior to joining Guinness, she was Senior Director, U.S. Sales and Marketing Systems, Information Technology at Nabisco, Inc. She received a B.S. from Montclair State University.
Jules A. del Vecchio joined GMCR’s Board of Directors in August 1993. He previously served as a First Vice President of New York Life Insurance Company where he was responsible for communications and agent management and training until retiring in November 2010. He joined New York Life Insurance Company in 1970 as an agent, and held various positions with increasing responsibility until he was named First Vice President in 1998. He received a B.A. from Parsons College and received both Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC) designations from The American College in Bryn Mawr, Pa.
John D. Hayes joined GMCR’s Board of Directors in July 2013. He has been Executive Vice President since May 1995 and Chief Marketing Officer of American Express since August 2003. Prior to joining American Express, Mr. Hayes spent over 20 years in the brand and advertising industry. He was President of Lowe & Partners and worked with clients including The Coca-Cola Company. He also has held senior positions at Geer DuBois Inc., Ammirati & Puris and Saatchi & Saatchi Compton. In addition, he has led the development of product position and global campaigns for Citibank, Aetna , Proctor and Gamble, Prudential Insurance, RJR Nabisco, Mercedes-Benz and Reebok.
Mr. Hayes is a Member of the Board of Yahoo! Inc., Board of Trustees of Save the Children and Board of Regents Seton Hall University. He was a previous Board Member of Fairfield Communities Inc., the Association of National Advertisers and The Tiger Woods Foundation. He received a B.A. in Communications from Seton Hall University.
Brian Kelley joined GMCR as President, Chief Executive Officer and Director in December 2012 from The Coca-Cola Company where he was named President of Coca-Cola Refreshments in September 2012. Most recently, he served as Chief Product Supply Officer, Coca Cola Refreshments. Prior to that, in his role as President of Coca-Cola’s North America Business Integration, he led the total integration of the acquisition of the North American assets of Coca-Cola Enterprises, combining Coca-Cola North America and Coca-Cola Enterprises’ North American operations into a new company, Coca-Cola Refreshments. Kelley joined Coca-Cola in 2007 as President and General Manager, Still Beverages and Supply Chain North America.
Prior to Coca-Cola, Kelley was President and Chief Executive of SIRVA, Inc. (formerly North American Van Lines), a $3.7 billion leading provider of relocation solutions to a well-established and diverse customer base around the world. His earlier experience includes Ford Motor Company, where he was President of its $13 billion Lincoln/Mercury division and The General Electric Company where he held roles of increasing responsibility until named Vice President and General Manager, Sales and Distribution at GE Appliances. Kelley began his career in sales and marketing at Procter & Gamble and over a period of years, worked his way up through brand management. Kelley is a graduate of College of the Holy Cross with a B.A. in Economics.
A.D. David Mackay joined GMCR’s Board of Directors in December 2012. Mr. Mackay served as the Chief Executive Officer of Kellogg Company from December 2006 to January 2011 and as its President from August 2003 to January 2011. Prior to that experience, he served as the Chief Operating Officer of Kellogg from 2003 to 2006. In addition to his rich consumer product background Mackay brings significant international experience to the Board of GMCR, derived from his roles at Kellogg Australia, United Kingdom and Republic of Ireland, as well as his role as Managing Director of Sara Lee Bakery in Australia. Mr. Mackay is currently the Non-Executive Chairman of Beam, Inc., serves on the Board of Directors of Fortune Brands Home & Security, Inc., and Woolworths Ltd. Australia. He previously served as a Director of Kellogg Company and of Fortune Brands, Inc. He received a B.B.A. degree from Charles Sturt University, Australia.
Michael J. Mardy joined GMCR’s Board of Directors in April 2007. He is currently Executive Vice President, Chief Financial Officer and Director of Tumi Holdings, Inc., a retailer of prestige travel goods and business accessories. Prior to joining Tumi in July 2003, Mr. Mardy served as Executive Vice President and Chief Financial Officer of Keystone Foods LLC, a global manufacturer of food products. From 1980 to 1996, he held various senior level financial positions with Nabisco, Inc., last serving as Senior Vice President and Chief Financial Officer of Nabisco Biscuit Company, the leading U.S. cookie and cracker manufacturer. Mr. Mardy also currently serves on the boards of ModusLink Global Solutions, Inc., the Eden Institute for Autism and the Institute of Medicine and Public Health of New Jersey. He received a B.A. in History from Princeton University and an M.B.A. in Accounting and Finance from Rutgers University.
Hinda Miller joined GMCR’s Board of Directors in January 1999. She is currently President of Deforest Concepts, a consulting firm specializing in leadership and entrepreneurship for women. Ms. Miller previously served as a Vermont State Senator from 2003 to 2012. From 1977 to1996, she was co-founder of Jogbra Inc, an athletic apparel company, and then served as President of Champion Jogbraa division of Sara Lee Corp. Ms. Miller received B.A. from the Parsons School of Design, New York City and an M.F.A. from New York University.
David E. Moran joined GMCR’s Board of Directors in October 1995. He has been President of Marketing Driven Solutions, a marketing consulting firm focused on driving organic growth through innovation, brand building and portfolio strategy, since June 2005. Mr. Moran was Chief Executive Officer of Fusion5, a management consulting company, from 1999 to 2005. From 1992 to 1999, he served as a Partner in the Cambridge Group. Prior to joining the Cambridge Group, Mr. Moran was a Partner at Marketing Corporation of America from July 1984 to June 1992. He began his career with General Foods and International Playtex, where he spent ten years advancing through responsibilities in brand management. Mr. Moran received a B.A. in Management and an M.B.A. from Texas Christian University.
Susan Saltzbart Kilsby joined GMCR’s Board of Directors in July 2013. She has served as a part-time Senior Advisor to Credit Suisse Group AG since 2009. During her more than 30 years at Credit Suisse, Ms. Kilsby served as Chairman of Mergers and Acquisitions, EMEA and Vice Chairman of the European Investment Banking Committee, and also led the European Consumer, Retail & Services Investment Banking Group. Her career in global investment banking also includes senior positions with Barclays de Zoete Wedd, Bankers Trust and The First Boston Corporation.
Ms. Kilsby is currently a Member of the Boards of BBA Aviation PLC, Coca-Cola HBC AG and Shire PLC. She serves as the International Regional Chair of the Committee of 200 and was a founding Member of the Competitor Diversity Forum. She is a Visiting Fellow of the Cass Business School and is Chairman of the M+A Research Centre at Cass. Ms. Kilsby also serves on the Advisory Board of the Yale School of Management and is a Member of the Business Leadership Council of Wellesley College. She previously served on the Board of Directors of L’Occitane S.A. She holds a B.A. in Economics from Wellesley College and an M.B.A. from the Yale School of Management.
Robert A. Steele joined GMCR’s Board of Directors in June 2013. Mr. Steele is the former Vice Chairman, Healthcare Strategy for The Proctor & Gamble Company. In his 35 years at the company he held several leadership positions including Vice Chairman, Global Health and Well-Being, with responsibility for oral care, feminine care, personal health care, pet care and snack brands; Group President, Household Care; Group President, North America; President, North America; and Vice President, North American Market Development Organization. He began his career in sales before moving to brand management.
Mr. Steele is a Member of the Board of Directors of Beam, Inc. and is an Adviser to CVC Capital Partners Ltd. He previously served on the Board of Directors of the Kellogg Company. He holds a B.A. from College of Wooster and an M.B.A. from Cleveland State University.
Robert P. Stiller founded GMCR in 1981 and served as its President and Chief Executive Officer until May 2007. Mr. Stiller was Chairman of the Board of Directors from May 2007 until May 2012 when, upon his resignation from the Board, he was named Chairman Emeritus.
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