Date: 10 January 2002
Mr. Loos will report directly to Chairman, President and Chief Executive Officer Robert B. Covalt as part of the executive management team. Reporting to Mr. Loos will be Sovereign's Transportation and Industrial Specialties and Industrial Product Assembly businesses. The Industrial Market produces and sells a wide range of performance adhesives serving markets ranging from automotive and aerospace to furniture assembly and roofing. Prior to joining Sovereign, Mr. Loos was president of Garnett Consulting (Concord, MA), a company he founded after nearly 20 years with Arthur D. Little (Cambridge, MA). In his roles at both companies, Mr. Loos was a well-known management consultant providing strategy and business services to global chemical businesses. Since 1996, he has served as a member of Sovereign's board of directors. Mr. Loos received his education from Dartmouth College and Harvard Business School.
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