US: James S Metcalf will retire as chairman of the board, president and chief executive officer (CEO) of USG with effect from 31 October 2016. He will be succeeded by Jennifer F Scanlon, executive vice president, president, International and president of L&W Supply Corporation. Scanlon has been appointed as a director of USG immediately and she will serve as executive vice president and CEO-elect until 1 November 2016. As part of the leadership transition, Steven F Leer, lead director, will become non-executive chairman of the board, effective 1 November 2016.
"After more than 35 years with the company and more than a decade in senior leadership roles, including almost six years as president and chief executive officer, I believe that it is the right time for me to move on to the next phase of my professional life and for Jenny to guide USG into its next chapter," said Metcalf. He has served as president and chief executive officer since January 2011 and as chairman since December 2011.
Jennifer Scanlon is also a director on the USG Board of Directors and the chairman of the board of USG Boral Building Products. She leads USG's international joint ventures across Asia, Australasia and the Middle East. Her previous assignments at USG include vice president and chief information officer and head of corporate strategy. Scanlon joined USG in 2003 as the director of supply chain and customer relationship strategy. Prior to USG, Scanlon was a senior vice president for Bricker & Associates, a management consulting firm that specialised in assisting Fortune 500 organisations dramatically increasing profits through operational improvement. She began her career at IBM, serving in various operational and consulting roles.
Scanlon graduated from the University of Notre Dame in 1988 with a BA in government and computer applications. She earned an MBA in finance and marketing from the University of Chicago Booth School of Business in 1992. Scanlon serves on the boards of the Chicago Council of Global Affairs and of Shore Community Services. Scanlon is a member of the Economic Club of Chicago and the Executives' Club of Chicago.
Steven Leer has been a director of USG since June 2005, and lead director since January 2012. He serves as chair of the Governance Committee and a member of its Compensation and Organisation Committee. Leer retired as chairman of Arch Coal in 2014 after having served in that position since April 2006. He was also the chief executive officer of Arch Coal, Inc. until April 2012. Leer is a director of Norfolk Southern Corporation, Cenovus Energy Inc. and Parsons Corporation. He is a former director of the Greater St Louis Area Boy Scouts of America and the National Association of Manufacturers.
