Underwriters Labs - UL - Leadership Changes

Sep 16 2019

Keith Williams President and CEO of UL and Underwriters Laboratories will retire later this year after leading both the Underwriters Labs non-profit organization and UL LLC for profit company.  Starting September 30, 2019, Jennifer Scanlon will succeed Williams as President and CEO of UL, LLC, in transition.  Effective January 1, 2020, Terry Brady, will continue his role as President and also add the title of CEO of Underwriters Labs.

Williams led a significant transformation, creating two complementary organizations that are each focused on applying science to advance their safety mission – UL, a premier global testing and certifications solutions enterprise that serves businesses, industries, governments and regulatory authorities, and Underwriters Laboratories, a nonprofit renowned for its independent research, safety standards and commitment to sharing scientific knowledge through safety education and public outreach initiatives.

Scanlon most recently served as President, CEO and a Director of USG Corporation, a 116-year-old innovative building products manufacturer and one of UL’s oldest clients. Over her 16-year career at USG, Ms. Scanlon led the Company through some of its most significant strategic moves, including establishing the global joint venture, USG Boral Building Products, and divesting L&W Supply. In 2018, she negotiated the sale of USG to Knauf for $7 billion, which represented a 76% premium to the Company’s stock price compared to when Ms. Scanlon was named CEO. The transaction closed April 24, 2019. She is the first woman to serve as President and CEO of UL.

Brady was appointed President of Underwriters Laboratories with responsibility for leading its operations, strategy and growth. He joined UL in 2012 as senior vice president and general counsel and became senior vice president, chief commercial and legal officer in 2015 with responsibility for overseeing the legal, compliance, government affairs, marketing and strategy functions.

For the complete Press Release click HERE