Ms. Bibb will be involved in all aspects of the firm’s private equity investment program, from due diligence and evaluation of investment opportunities to development and execution of J.F. Lehman’s strategic plan for new portfolio companies. In particular, Ms. Bibb will focus on the operational evaluation, oversight and direction of portfolio companies from acquisition through exit.
“Carol is a seasoned industry executive with a background perfectly suited to her role at J.F. Lehman & Company. We expect she will be an outstanding addition to our operations team,” said Steve Brooks, a Partner with the firm. “We expect our portfolio companies to benefit immensely from Carol’s years of experience in running all aspects of successful businesses.”
Ms. Bibb has 30 years of management, operations and engineering experience. For more than a decade she was with Honeywell International where she managed operating units ranging in size from $220 million to $900 million and up to 3,000 employees. Most recently she served as a Senior Vice President and General Manager at Honeywell where she was responsible for a catalyst, adsorbents and specialties business of Honeywell that had $900 million in annual revenue. Prior to that role, Ms. Bibb served as President of Federal Manufacturing & Technologies, a business in Honeywell’s Defense platform. Ms. Bibb also served in a variety of management and engineering roles at AlliedSignal prior to its merger with Honeywell. She earned a BS in Chemical Engineering from Tennessee Tech University and an MBA from The College of William & Mary.
J.F. Lehman & Company is a middle-market private equity firm focused primarily on the maritime, defense, and aerospace sectors. The firm was founded by Dr. John Lehman, who served six years as Secretary of the United States Navy. To date, J.F. Lehman has made investments in companies with an aggregate transaction value of approximately $1.6 billion. The firm was founded in 1992 and is headquartered in New York with additional offices in Washington, DC and London (www.jflpartners.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 5-23-13