– USA, NY – Resolute Holdings Management, Inc. (Nasdaq: RHLD), an operating management company responsible for providing management services to CompoSecure Holdings, L.L.C., a wholly owned subsidiary of CompoSecure, Inc. (Nasdaq: CMPO), today announced the appointments of Wayne Hewett and Tim Mahoney to its Board as independent directors.
About Wayne M. Hewett
Wayne Hewett is a seasoned executive leader who currently serves as a Director on the boards of Home Depot, Wells Fargo & Company, and United Parcel Services, Inc. He has also served as a senior advisor to Permira, a global private equity firm. Since 2019, he has served as Chairman of Cambrex Corporation, a contract developer and manufacturer of active pharmaceutical ingredients; and since 2023, he has served as Chairman of Quotient Sciences, a drug development and manufacturing accelerator. In 2023, he joined the board of managers of ASP Resins Holdings LP, a private company that produces adhesives and performance materials. From 2015 to 2017, Wayne Hewett served as CEO of Klöckner Pentaplast Group, a packaging supplier.
Wayne Hewett has previously held several other executive roles, spending over 20 years with General Electric Company, including leadership roles in various GE business units and membership on GE’s Corporate Executive Council.
Wayne Hewett earned a Bachelor’s and Master’s degree in Industrial Engineering from Stanford University.
About Timothy O. Mahoney
Tim Mahoney is a highly experienced aerospace and defense executive who brings a breadth of operating capabilities from his leadership roles at major industrial companies. He served in several executive roles at Honeywell International, Inc., including SVP of Digital Transformation from 2019 to 2022, CEO of Honeywell Aerospace from 2009 to 2019, and multiple VP roles across Honeywell Aerospace from 2003 to 2009.
Before Honeywell, Tim Mahoney spent 18 years at Sikorsky Aircraft, where he held a series of increasingly significant leadership roles.
Tim Mahoney earned a B.S. in Mechanical Engineering from the University of South Florida and graduated from the Program for Management Development at Harvard Business School.
About Resolute Holdings Management, Inc.
Resolute Holdings is an alternative asset management platform led by David Cote and Tom Knott that provides operating management services including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution at CompoSecure Holdings and other managed businesses in the future. Resolute Holdings brings a differentiated approach to long-term value creation through the systematic deployment of the Resolute Operating System, which will create value at both the underlying managed businesses and at Resolute Holdings.
For more information: https://resoluteholdings.com/
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