MacInnis Retires From EMCOR Group, Inc. Board of Directors
NORWALK, CT EMCOR Group, Inc. announces that Frank T. MacInnis, a member of the Company's board of directors and former Chief Executive Officer and Chairman of the Board, has retired. MacInnis previously served as Chairman of the Board from April 1994 to June 2013 and as Chief Executive Officer from April 1994 to January 2011.
"We are grateful to Frank for his long service to our Company and our board," Stephen W. Bershad, Chairman of the Board of EMCOR Group, said. "The Company has benefited from his stewardship and his leadership over the last 21 years."
The company also announced the election of Steven B. Schwarzwaelder to its Board of Directors.
Schwarzwaelder, 60, retired from McKinsey & Company in 2007 as Director after a career that spanned 27 years. During his tenure with McKinsey, Schwarzwaelder was an elected member of McKinsey's Shareholders Council from 2000 to 2006, and was a member of the Managing Director's five-person Advisory Committee, a member of the Director Review Committee, and the Chair of the External Candidate Election Committee. During his last five years with McKinsey, Schwarzwaelder had oversight responsibility for McKinsey's global functional practices.
"We are pleased to welcome Steven Schwarzwaelder to EMCOR's Board of Directors," said Bershad. "Steven has spent a successful career advising industrial corporations in the areas of corporate and business strategy, operations, mergers and acquisitions, sales and marketing, and large-scale performance improvement programs. This extensive and deep experience makes Steven an ideal addition to our Board and we look forward to leveraging his insights as we continue to grow EMCOR."
Prior to joining McKinsey, Schwarzwaelder worked for Inland Steel in Chicago, Illinois, in both its sales and finance areas. Since McKinsey, he has served as a Senior Advisor to two private equity firms: Texas Pacific Group (TPG) and Centerbridge Capital. From 2011 through March 2014, Schwarzwaelder also served on the Board of Directors of Dana Corporation.
Schwarzwaelder currently serves on the Board of Directors of two private companies: Cardinal Logistics Holdings and Nexeo Solutions. He also serves as an Executive Advisor to Teletracking, a leading provider of operational systems to health care providers.
Schwarzwaelder received a liberal arts degree from Denison University and completed his MBA at the University of Chicago.