John P. Rochon
John Rochon is founder and chairman of Richmont Holdings. Mr. Rochon is a veteran of more than three decades of successful leadership in finance, marketing, sales and operations. After spending the early part of his career working for Chesebrough-Ponds (Unilever) and Ecolab International, he joined Mary Kay Inc. in 1980. In 1984, he became chief financial officer.
Mr. Rochon was the architect of Mary Kay’s management-led leveraged buyout in 1985, arranging the financing and executing the transaction. That LBO is regarded as one of the most successful in business history. During the following 16 years, the company’s retail revenue grew from $500 million to almost $3 billion and Mary Kay became the world's best-selling brand of skin care & color cosmetics. Mr. Rochon became vice chairman in 1987 and chairman and CEO in 1991.
With Mr. Rochon as its General Partner, Richmont Capital Partners I became the largest shareholder in Avon Products, Inc., which subsequently experienced tremendous growth. Mr. Rochon has executed several hundred transactions and has managed the growth of dozens of Richmont entities, in such varied industries as financial services, marketing, international trading, food services and office supplies. He is a major shareholder and board member of Jameson Bank, a government-chartered Schedule I bank in Canada, and is chairman of CVSL, a new public company platform for acquisitions in the direct selling channel.
Mr. Rochon holds a B.Sc. and an MBA from the University of Toronto.
Mr. Rochon established and heads the Rochon Family Foundation to assist victims of violence against women, particularly sexual assault.
John Rochon Jr.
Mr. Rochon is Vice Chairman and CEO of Richmont Holdings. He is an expert in capital markets and is experienced in financial analysis, mergers and acquisitions, technology and the review, structuring and management of new business opportunities. After receiving his degree in business administration from Southern Methodist University, he worked on Wall Street at JP Morgan Chase before returning to Dallas, where for more than a decade he has run the Rochons' family office. He now oversees the holding company's financial analysis of potential business transactions and plays a leading role in guiding strategic planning for Richmont.
Nick Bouras
Mr. Bouras has many years of high-level experience in finance, law and strategy. A former CFO of Richmont Corporation, Mr. Bouras spent many years as a senior member of the leadership team working with Mr. Rochon to manage the Richmont portfolio of companies. He previously served as Vice President, Investments, having earlier served as Assistant Treasurer and Tax Manager. Mr. Bouras previously was a tax accountant with Ernst and Whinney and a senior tax accountant with Touche Ross and Company. He received his Bachelor of Arts degree magna cum laude, his MBA and Juris Doctor degrees from St. Louis University. He is a member of the Texas Society of Certified Public Accountants.
Russell Mack
Mr. Mack, a former Reagan White House staff member, has more than 30 years of experience in communication, public relations and marketing. He served for four years as Executive Vice President for Communication and Public Affairs at Mary Kay Inc. and, simultaneously, was President and CEO of Richmont Communications, a public relations and creative design firm. Mr. Mack was a senior PR executive at American and United Airlines, head of the public relations division at Temerlin McClain Advertising and Senior Vice President at Lyrick Studios. The first part of Mr. Mack's career was spent in Washington, D.C. Mr. Mack was special assistant to President Ronald Reagan and Director of Public Affairs on the White House staff. Earlier, he served as a staff member in the U.S. Senate and House of Representatives, head of Public Affairs for the U.S. Department of Education and with the U.S. Department of Health and Human Services. He received his bachelor's degree cum laude from American University and his Juris Doctor degree from George Washington University Law School.
Kelly L. Kittrell
Mr. Kittrell has more than 15 years of experience in mergers and acquisitions and corporate finance consulting, advising clients on sell-side mandates, buy-side engagements, valuations, capital raising and management buyouts. He most recently provided financial advisory services to clients while at Bank of America as a Managing Director in the Private Company Advisory Services practice. Mr. Kittrell has also served as a Director in the Mergers & Acquisitions practice at Ernst & Young Capital Advisors LLC, in the Corporate Finance practice at KPMG Peat Marwick, and recently as a Senior Consultant at Bickel & Brewer. Mr. Kittrell has executed transactions in a wide range of industries including automobile retailing, communications services, food distribution, manufacturing, newspaper publishing, oil field services, and physician staffing. He has authored articles appearing in Professional Review magazine and the Houston Business Journal, and has been a frequent speaker on corporate finance and valuation topics. He is a member of the CFA Institute, and obtained the Chartered Financial Analyst designation in 1996. Born in South Carolina, Mr. Kittrell obtained his Bachelor of Science degree in Finance from the University of Alabama in 1980. After working in banking and financial analysis, he attended graduate school at the University of Texas at Austin, where he obtained his MBA in 1985, and was named a Sord Scholar.
Heidi Hafer
Ms. Hafer serves as in-house legal counsel for Richmont Holdings. A 1995 graduate of Southern Methodist University, she received her Juris Doctor degree from Loyola University School of Law in 1998. Ms. Hafer oversees the company’s legal matters and works with outside legal counsel on a variety of litigation issues. She has particular expertise in the area of intellectual property law. She is a member of the state bar of Texas and serves on the Visiting Committee of Loyola University School of Law. In 2005, she was honored by her peers as a "Texas Rising Star" in the "Super Lawyers 2005" issue of Texas Monthly magazine. She is a member of the board of directors of the Rochon Family Foundation.
Thomas J. Reynolds, Ph.D.
Dr. Reynolds is an accomplished researcher, consultant and innovator in the field of marketing strategy. He has worked in the area of marketing strategy for consumer goods and services as well as for technology-driven products for three decades in 25 countries. His models for optimizing strategy based upon understanding customer decision making have become the international methodological standard. His work in this area has led to recent patents with respect to both a general model of decision making and the direct application to the strategy development process. He has authored dozens of studies, papers and articles on such topics as business and marketing communication strategy, advertising strategy, decision models and evaluation, research methods, politics, fundraising strategy, education, ethics.
He has worked on behalf of such major corporations as S.C. Johnson, Coca Cola, Federal Express, Procter & Gamble, Walmart, VISA International, Intel, IBM, General Motors, Georgia Pacific and 3M, as well as the U.S. Army, major advertising agencies such as Young and Rubicam, and various nonprofit organizations. He was a partner in the well-known research firm Wirthlin Reynolds, whose clients included major political organizations such as Reagan-Bush 84 and the Republican National Committee.
Dr. Reynolds has taught at such prestigious institutions as the University of Notre Dame's Mendoza School of Business, Michigan State University, the University of Texas at Dallas and the University of California at Berkeley.
He received his undergraduate degree from Notre Dame, and his M.A. and Ph.D degrees in mathematical psychology from the University of Southern California.
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