Industry & Services >> CEO Interviews >> May 17, 1999
On January 29, 1998, FRANK M. HENNESSEY was elected Vice Chairman of the
Board of Directors and Chief Executive Officer of MascoTech, Inc. He
formerly was Executive Vice President of Masco Corporation. Mr.
Hennessey also serves as Chairman of the Board for Emco Limited, a $1.2
billion (Canadian) public company, approximately 42% of which is owned
by Masco Corporation. Prior to becoming Executive Vice President of
Masco Corporation, he was Vice President of Strategic Planning as well
as President and Chief Executive Officer of Emco Limited since December
3, 1990. Prior to joining Masco Corporation, Mr. Hennessey was the Chief
Executive Officer of the Handleman Company, a $700 million (US) public
company engaged in the sale and distribution of entertainment products
to retail stores throughout North America. His nine years with Handleman
were preceded by experience as Group Managing Partner of Coopers and
Lybrand's Detroit Group offices. Mr. Hennessey received his Bachelor of
Science from Northeastern University in Boston. He continues to take an
interest in Northeastern service as Director-at-Large of its National
Council. Among his many and varied activities, Mr. Hennessey is Chairman
of the Audit Committee, member of the Finance Committee and on the Board
of Directors of MCN Corporation; Director of New Detroit, Inc.; Director
and Treasurer of the United Way Community Services; Trustee of the
Citizen's Research Council of Michigan; Trustee of the Hudson-Webber
Foundation; immediate past Chairman of the Japan America Society of
Greater Detroit and Windsor; as well as Director of Detroit Regional
Chamber. Profile
TWST: We'd like a little background summary to start us off, enough of ahistorical sketch or summary to put us into context, what you see as
your business and what you see as your company today.