Maryjo Cohen

Last updated
Maryjo Cohen
Born1952
Nationality American
Alma mater University of Michigan
Occupation(s)President, CEO of National Presto Industries
Years active1976–present

Maryjo J. Cohen is an American business executive known as the chief executive officer of National Presto Industries. [1] Cohen has been quoted as saying, "Just about all our competitors have merged or gone out of business. We're the last of the independents." [2]

Contents

Biography

Cohen has been chief executive officer of National Presto Industries since May 1994 and has been its president since May 1989. [3] Ms. Cohen serves as a Treasurer of Presto Manufacturing Company Inc. She served as Interim Chief Financial Officer of National Presto Industries Inc., from June 2008 to September 2008, Treasurer since September 1983 and served as its vice president since May 1986. [4] Ms. Cohen has been the Chairman of National Presto Industries Inc. since January 2002, when she took over from her retiring father. [5] She has been with the National Presto Industries Inc. since 1976, her entire professional career. Prior to becoming an Officer, she served as an Associate Resident Counsel and Assistant to the Treasurer of National Presto. Ms. Cohen has been a Director of National Presto Industries Inc. since 1988. Her total annual compensation as of 2014 was $609,752. It was $700,786 in 2017. [6] [7] [8]

Under Cohen's leadership, the company acquired AMTEC Corporation in February 2001. [9] AMTEC manufactures 40mm ammunition and precision mechanical and electro-mechanical products for the U.S. Department of Defense (DOD). In July 2003 they acquired Spectra Technologies, which produces munitions and ordinance related products for the DOD and its chief contractors. In 2006, she oversaw the acquisition of Amron LLC, a cartridge case producer used in medium caliber ammunition (primarily for the Department of Defense). [10] In 2016, she oversaw the acquisition of Rusoh Inc, which produces a self-service fire extinguisher. [11]

Cohen is the granddaughter of the late Lewis (L.E.) Phillips (1899–1978), who with his brother Jay (1898–1992), acquired a controlling interest in Presto in 1942. Their father, Ed Phillips, started Ed Phillips and Sons in 1912, which is a liquor distiller (Phillips Distilling Company) and distribution company. Cohen is the officer of the L.E. Phillips Family Foundation. She is listed as one of the notable members of Beta Gamma Sigma and was a 2013 recipient of the "Futuremakers Partner Award." [12] Her father, Melvin S. Cohen (1918–2008), was for many decades the leader at Presto, after taking over from his father-in-law L.E. Phillips. They took the company public in 1969. Her mother, Eileen Cohen Phillips (1926–2017), an only child, was the first in her family to graduate college, and Maryjo and her older sister Amy followed her to the University of Michigan. Maryjo is also a graduate of the University of Michigan Law School. Through Jay Phillips, she is a cousin by marriage to both Pauline Phillips (a.k.a. Abigail Van Buren/Dear Abby) and her grandson by adoption, MN US Rep Dean Phillips.

Related Research Articles

Corporate titles or business titles are given to corporate officers to show what duties and responsibilities they have in the organization. Such titles are used by publicly and privately held for-profit corporations, cooperatives, non-profit organizations, educational institutions, partnerships, and sole proprietorships that also confer corporate titles.

<span class="mw-page-title-main">Lyor Cohen</span> American music industry executive

Lyor Cohen is an American music industry executive and entrepreneur. He has been actively involved in hip hop at various record labels for more than 30 years. He started by managing rappers for Rush Productions, then led Def Jam. After Def Jam, Cohen took on a leadership role at Warner Music Group. In September 2012, Cohen resigned from Warner and started his own independent label, 300 Entertainment. On September 28, 2016, Cohen was named YouTube's Global Head of Music.

<span class="mw-page-title-main">Panda Energy International</span> American privately held company

Panda Energy International, Inc. was an American privately held company headquartered in Dallas, Texas which constructs, maintains and operates environmentally friendly power plants. The organization has been recognised by Newsweek magazine as one of the top ten eco-friendly energy companies in America. As of 2010, it has been affiliated with Panda Power Funds. Panda Energy informed its shareholders that it would shut down at the end of 2018.

<span class="mw-page-title-main">W. W. Keeler</span>

William Wayne Keeler was an American engineer, oilman, and tribal chief. He was the last appointed and first elected Principal Chief of the Cherokee Nation in the 20th century. Educated as a chemical engineer, he worked for Phillips Petroleum Company, where he became chief executive officer at the end of a long career with the company. Throughout his life he also worked in the federal government for the advancement of Indians. President Truman appointed him as Principal Chief of the Cherokee Nation of Oklahoma in 1949. He also served as chairman for the executive committee of the Texas Cherokees and Associate Bands from 1939 until 1972. In 1971, he became the Cherokees' first elected chief since 1903.

<span class="mw-page-title-main">Gamma Sigma Sigma</span>

Gamma Sigma Sigma (ΓΣΣ) is a national service sorority founded on October 12, 1952, at Beekman Tower in New York City. It partners with other organizations such as March of Dimes, National Coalition for Homeless Veterans, American Cancer Society, and Alex's Lemonade Stand Foundation. It has 53 active collegiate chapters and 18 active alumni chapters.

<span class="mw-page-title-main">Safra Catz</span> Israeli-American business executive

Safra Ada Catz is an American billionaire banker and technology executive. She is the CEO of Oracle Corporation. She has been an executive at Oracle since April 1999, and a board member since 2001. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. In September 2014, Oracle announced that Ellison would step down as CEO and that Mark Hurd and Catz had been named as joint CEOs. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues.

Virginia Marion Halas McCaskey is an American football executive who is the principal owner of the Chicago Bears of the National Football League (NFL). She is the eldest child of Bears founder and owner George Halas, who left the team to his daughter upon his death in 1983, and Minnie Bushing Halas. After the death of Buffalo Bills owner Ralph Wilson in March 2014, she became the oldest owner in the NFL and in all major league sports in the United States.

<span class="mw-page-title-main">William P. Lauder</span> American businessman

William Philip Lauder is an American billionaire businessman, and executive chairman of The Estée Lauder Companies, one of the world's leading manufacturers of skin care, make-up, fragrance and hair care products.

<span class="mw-page-title-main">Debra L. Lee</span> American lawyer

Debra L. Lee is an American businesswoman. She was the Chairman and Chief Executive Officer of BET, the parent company for Black Entertainment Television from 2005 to May 28, 2018. Lee has sat on the board of directors for a number of companies/organizations, including the National Cable & Telecommunications Association the Ad Council, and the National Cable Television Association. Debra Lee is named one of the "100 Most Powerful Women in Entertainment" by The Hollywood Reporter due to her many achievements in her 30-plus year career at BET.

Sanjay Kumar Jhā is an Indian-American business executive. He is the former chief executive officer (CEO) of GlobalFoundries and former chairman and CEO of Motorola Mobility. Prior to that, he was the chief operating officer of Qualcomm.

Lynn Laverty Elsenhans is a businessperson who is the former chairperson, chief executive officer, and president of Sunoco.

Marshall O. Larsen is an American businessman. He served as the Chief Executive Officer, President, and Chairman of the Board of Goodrich Corporation from 2003 until its acquisition by United Technologies Corporation (UTC) in 2012. He now sits on the Board of Directors of UTC.

Charles E. Bunch is an American businessman who served as the chairman and chief executive officer of PPG Industries, Inc., until succeeded by Michael H. McGarry on September 1, 2015. Since 2002, he had been a director and prior to becoming president and chief executive officer in March 2005 and chairman and chief executive officer in July 2005, Bunch was president and chief operating officer from July 2002. He was the executive vice president from 2000 to 2002 and senior vice president of Strategic Planning and Corporate Services from 1997 to 2000. Bunch is also a director of the H. J. Heinz Company and The PNC Financial Services Group, Inc. He attended Georgetown University as an undergraduate and received his MBA from Harvard University in 1979.

Joline Godfrey is the founder and Chief Creative Officer for The Unexpected Table, a virtual gathering place for exploring issues of thriving families amidst accelerating change. Godfrey is the author of Raising Financially Fit Kids.

Jan Fields is an American business executive, who has served as president of McDonald’s USA and who has served on the board of directors for numerous corporations. Fields held every role in the management chain of McDonald's, beginning as a crew member, before becoming the president of McDonald's USA. She was recognized by Forbes Magazine in 2012 as one of the most powerful women in business and she was listed on The Wall Street Journal's 50 Women to Watch list.

Joanne M. Maguire is an American engineer and former executive. She is the former executive Vice President of Lockheed Martin Space Systems between 2006 and 2013. Maguire was also an officer of Lockheed Martin, the first woman to serve in such a role, and was inducted into the Colorado Women's Hall of Fame in 2014.

Kathy J. Warden is an American business executive who serves as chief executive officer and president of Northrop Grumman, as of 2019.

<span class="mw-page-title-main">Young Sohn</span>

Young Sohn (Korean: 손영권) is a Korean-American business executive and investor. He was the president and chief strategy officer of Samsung Electronics. Sohn is also the chairman of the board of Harman International Industries, a subsidiary of Samsung Electronics, and currently serves as Senior Advisor to Samsung.

Carol B. Tomé is an American business executive who is currently the chief executive officer of United Parcel Service (UPS). She is formerly of The Home Depot, where she worked from 1995 to 2019, serving as Vice President and Treasurer and later as Executive Vice President and Chief Financial Officer. She has served as a board member for UPS since 2003.

<span class="mw-page-title-main">Tina W. Jonas</span>

Tina Westby Jonas is an expert in military, defense, and aerospace industries. She was an undersecretary of defense at the United States Department of Defense and had also served as chief financial officer of the Federal Bureau of Investigation.

References

  1. "Maryjo J. Cohen". Businessweek.com.
  2. "What is the history of Maryjo Cohen and the latest information about Maryjo Cohen?". PassFail.com. Archived from the original on 2014-12-10. Retrieved 2014-12-08.
  3. "NPK Maryjo R. Cohen Insider Trades for National Presto Industries Inc". marketwatch.com.
  4. "Stock Quotes & Company News - Reuters.com". reuters.com.
  5. "Maryjo Cohen". Bloomberg.
  6. Bernard Condon (29 October 2009). "National Presto (Finally) Opens Its Wallet". Forbes.
  7. "BBC NEWS - Business - China: the world's factory floor". bbc.co.uk. 11 November 2002.
  8. "Maryjo Cohen | AFL-CIO". aflcio.org. Retrieved 2018-12-26.
  9. "Maryjo R. Cohen - Executive Bio, Compensation History, and Contacts - Equilar Atlas". equilar.com.
  10. John Vincent (22 August 2011). "National Presto: Reasonable Valuation, Successful Strategy". seekingalpha.com.
  11. "News | Rushoh, Inc. | Revolutionizing Fire Protection". www.rusoh.com. Retrieved 2018-12-26.
  12. "Notable BGS members - Prospective - Beta Gamma Sigma". betagammasigma.org.