Genstar Names George Haymaker To Its Strategic Advisory Board
9/26/2007
Former CEO Of Kaiser Aluminum Targets Industrial Technology Investments
Contact:
Chris Tofalli
914-834-4334
SAN FRANCISCO, September 26, 2007—Genstar Capital, LLC, a middle market private equity firm that focuses on investments in selected segments of life sciences and healthcare services, industrial technology, business services and software, today announced the appointment of George T. Haymaker, Jr. to the firm’s Strategic Advisory Board (SAB). Mr. Haymaker, former Chairman and CEO of Kaiser Aluminum Corporation (NASDAQ: KALU), a leading manufacturer of fabricated aluminum products, will assist the firm with investments in the industrial technology sector.
“We are very fortunate to have George join our Strategic Advisory Board,” said Darren Gold, Managing Director of Genstar. “George’s experience has already been incredibly helpful in our efforts in the aluminum industry, including our recent acquisition of International Aluminum, and should be invaluable as we continue to invest in leading companies in the metals and building products industries. We have recently added a number of CEOs and senior executives to our group of advisory board members and operating partners and George is a great talent who greatly complements that team.”
Mr. Haymaker was Chairman and Chief Executive Officer of Kaiser Aluminum Corporation from January 1994 through December 1999, and was Non-Executive Chairman of that company from October 2001 until July 2006. Prior to joining Kaiser, he served in executive positions for Alcoa Inc., and Alumax Inc. Mr. Haymaker serves as a member of the Board of Directors of several companies, including lead director of Hayes-Lemmerz International Inc. He is also a director of Pool Corporation, the largest distributor of swimming pool equipment and supplies; Genstar portfolio company International Aluminum Corporation, a leading producer of curtainwall, storefront and entrances, residential windows, and aluminum extrusions; and 360 Networks Inc., a telecommunications services provider.
Mr. Haymaker received a B.S. in Metallurgy from Massachusetts Institute of Technology (MIT), an MBA from University of Southern California, and a M.S. in Management from MIT.
Mr. Haymaker is the most recent addition to the group of influential senior executives who are current or former leaders of major corporations that have joined the firm in this advisory capacity. Mr. Haymaker joins executives from such leading companies as Pharmacia & Upjohn, Inc., CNA Insurance Companies, ITT Corporation, Deere & Co., Axia Health Management, MedImmune, Inc., Wild Oats Markets, WellPoint, Inc., NEN Life Science Products, and ICOS Corporation.
About Genstar Capital, LLC Based in San Francisco, Genstar Capital (www.gencap.com) is a private equity investment firm that makes leveraged investments in quality middle-market companies. Genstar Capital works in partnership with management to transform its portfolio companies into industry-leading businesses. With more than $3 billion of committed capital under management and significant experience investing in businesses, Genstar focuses on selected segments of life science and healthcare services, industrial technology, business services and software services.