Warren Veltman was appointed President and Chief Executive Officer in February 2020, after having served as its Interim President and Chief Executive Officer since September 2019. Mr. Veltman has been a member of the Board since 2020. He previously served as Executive Vice President of the Mobile Solutions group. Veltman joined NN in 2014 as part of the Autocam acquisition as the Senior Vice President and General Manager of the Autocam Precision Components Group. Prior to the acquisition, Veltman served as Chief Financial Officer of Autocam Corporation from 1990 and secretary and treasurer since 1991, until NN acquired the company in 2014. Prior to Autocam, he was an audit manager with Deloitte & Touche.
Jeri J. Harman
Non-Executive Chairman of the Board
Jeri J. Harman has been a member of the Board since February 2019. Jeri Harman is a Founder & Chairman of Avante Capital Partners. With over $465 million of capital under management, Avante makes unitranche and subordinated debt and minority equity investments to finance buyouts, minority recaps, acquisitions and growth. In 2018, Avante Capital Partners was named Small Business Investment Company (SBIC) of the Year by the U. S. Small Business Administration (SBA). The firm was also named Women-Owned Firm of the Year 2018 by Private Equity Women Investor Network (PEWIN). Ms. Harman has over 30 years of financing experience, involving well over $1 billion in aggregate investments. Prior to founding Avante, Ms. Harman started-up and led the Los Angeles offices for two multi-billion publicly traded private equity and mezzanine investment funds – American Capital and more recently Allied Capital, where she was also a member of Allied's Investment Committee. Earlier career highlights include various senior level positions with Prudential Capital. Ms. Harman has served on numerous boards over her career, and currently serves on the board of Engineered Performance Technologies, a consumer-focused automotive aftermarket performance products company. She received a Master's of Business Administration from the University of California – Berkeley, and a Bachelor's degree in Business from the University of Wisconsin – Milwaukee (summa cum laude). Ms. Harman brings extensive capital markets experience and strategic and financial acumen to the Board.
Raynard D. Benvenuti
Raynard D. Benvenuti became a member of the Board in January 2020. Mr. Benvenuti founded Concord Investment Partners, a boutique investment and advisory firm that invests in engineering-centric industries including aerospace, automotive and industrial manufacturing/distribution companies in 1996, and continues to serve as its Managing Director. From 2007 to 2015, Mr. Benvenuti served as a Managing Partner, Managing Director, and an operational practice leader for the aerospace and automotive/truck sectors at Greenbriar Equity Group, L.P. (“Greenbriar”), a private equity group focused on transportation-related enterprises. While at Greenbriar, Mr. Benvenuti served as a director on five boards, three as Chairman, including as Chairman and interim CEO of Align Aerospace, LLC, an aerospace hardware distribution company. From 2002 until its sale to GKN plc in 2006, Mr. Benvenuti served as the President and CEO of Stellex Aerostructures, Inc., a manufacturer of large structural components for commercial and military aircraft. Prior to 2002, he worked at Forstmann Little & Co., a private equity firm, and McKinsey & Company, a global management consulting firm, where he advised high technology and industrial sector clients in the areas of strategic planning and operational improvement.
Mr. Benvenuti brings to the board extensive experience as a senior executive, director and advisor to various aerospace, automotive and manufacturing companies, including in turnaround and highly leveraged situations, as well as valuable strategic, financial, operational and corporate governance expertise.
Robert E. Brunner
Robert E. Brunner has been a member of the Board since 2012, and served as its Non-Executive Chairman from May 2017 through December 2020. Mr. Brunner served as Executive Vice President of Illinois Tool Works, Inc., an international manufacturer of highly engineered fasteners and components, equipment and consumable systems and specialty products, from 2006 until his retirement in 2011. Prior to this position, Mr. Brunner held the position of President, Global Automotive Fasteners from 2005 to 2006 and President, North American Automotive Fasteners from 2003 to 2005. Prior to this position, Mr. Brunner held a variety of positions within Illinois Tool Works, Inc., including positions in general management, operations management and sales & marketing. Mr. Brunner serves on the board of directors of Leggett & Platt, Incorporated, a publicly held diversified manufacturer of engineered components and products and Lindsay Corporation, a publicly held global company focusing on providing irrigation and infrastructure solutions.
Christina E. Carroll
Christina E. Carroll has been a member of the Board since December 2019. Since 2012, Ms. Carroll has been a Managing Director at Stout Risius Ross, LLC, where she is a senior officer responsible for providing valuation and transaction related advice across industries. Ms. Carroll has over 30 years of experience in finance, valuation, strategy, capital markets, mergers and acquisitions. Ms. Carroll’s experience includes rendering fairness opinions, solvency and related transaction opinions to boards of directors, special committees, financial institutions, pension funds and other fiduciaries in conjunction with mergers and acquisitions, going private transactions, spin-offs, recapitalizations and financing transactions. Prior to this role, Ms. Carroll was a director of financial advisory services at Houlihan Lokey, Inc. She has also held managerial positions at Ernst & Young LLP (“Ernst & Young”), including partner in the Center for Strategic Transactions, valuation and transaction advisory services. Ms. Carroll currently serves on Stout’s board and previously served on the board of The Chefs’ Warehouse. She has served on the Board of the Los Angeles Regional Food Bank since 2008. Ms. Carroll holds a B.A. in Business Economics (magna cum laude and Phi Beta Kappa honors), an MBA from The Anderson School at UCLA, and is a Charted Financial Analyst.
Steven T. Warshaw
Steven T. Warshaw has been a member of the Board since 1997. Mr. Warshaw retired in 2005 from M Cubed Technologies, a developer and manufacturer of advanced composite materials and ultra-precise electronic components and modules where he served as President and Chief Executive Officer since 2002. Prior to this position, he served as President of Hexcel Schwebel, a global producer of advanced structural materials, from 2000 to 2001. Mr. Warshaw served as Senior Vice President of Photronics, Inc., a global supplier to the semiconductor industry from 1999 to 2000. From 1996 to 1999, he served as President of Olin Microelectronic Materials, a company supplying technologically advanced chemicals, products, and services to semiconductor manufacturers. Mr. Warshaw serves on the board of directors of Park Electrochemical Corp., a publicly held advanced materials manufacturing company. Mr. Warshaw brings to the Board considerable executive experience as well as providing the benefit of service on the board of directors of a publicly traded company.
Thomas H. Wilson Jr.
Thomas H. Wilson, Jr. has been a member of the Board since December 2019. Since 2008, Mr. Wilson has been a Managing Partner at DecisionPoint Advisors, LLC, a specialized merger and acquisition advisory firm for mid-market technology companies. Prior to joining DecisionPoint, Mr. Wilson served as Chairman and CEO of NuTech Solutions from 2004 to 2008, a business intelligence software company that was acquired by Neteeza. From 1997 to 2004, Mr. Wilson was President of Osprey, a consulting and systems integration firm focused on the manufacturing industry. Prior to his work at Osprey, Mr. Wilson was employed by IBM for 14 years in a variety of management and sales positions. Mr. Wilson graduated with a B.S. in Financial Management from Clemson University and earned an MBA from Duke University. Mr. Wilson serves on the board of Jack Henry & Associates, an S&P 500 fintech company where he serves as the chairman of the audit committee. Mr. Wilson brings to the Board extensive financial management and technology expertise as well as deep experience in mergers and acquisitions. Additionally, his service as the chairman of the audit committee of a public company is a valuable asset to the Board.