Gurus may be added or dropped from the GuruFocus site at any time. Over the past 18 months, EXECUTIVE VICE PRESIDENT, PEOPLE + CULTURE. He eventually pulled the companys growing interests into an umbrella firm called The Heritage Group, which is now headquartered at Intech Park in Indianapolis. Let others know about your loved one's death. The Heritage Group expands into global markets with operations in Kallo, Belgium. Prior to PIMCO, Geoff was a Senior Analyst in the Securities and Finance Group at NERA Economic Consulting in New York City. Johns commitment to trust, transparency and partnership with entrepreneurs has led to long-term relationships and economic success during his 20+ years as a venture investor. He donated tens of thousands of dollars over the years to candidates and office holders including Mike Pence, Eric Holcomb and Todd Young and hundreds of thousands in total to groups including the National Republican Senatorial Committee, National Republican Congressional Committee and Indiana Republican State Central Committee. Mr. Fehsenfeld has served as a Director on our Board since 1999. Net Worth What's Trust Fehsenfel's mailing address? Above all, Fred loved family, especially a lively debate with children and grandchildren on world issues, education, politics and who would win the Old Oaken Bucket Game. Prior to this, Senior Scientist at ESRL of the . Other recent insider transactions involving Calumet Specialty Products Partners LP (CLMT) include Prior to joining The Heritage Group, David was an Investment Partner at Pritzker Group Private Capital, leading the rms services sector investing. and Amy Schumacher is the Chief Executive Officer of The Heritage Group overseeing the companys portfolio of more than 20 businesses and 5,000 employees. Get contact info, address & run background checks for Fred Fehsenfeld. Jeff and his family live in Indianapolis, In 2020, Amy Schumacher becomes the fourth generation of the Fehsenfeld family to serve as CEO. and In other words, it is a division on its own that will utilize faculty from all the other engineering schools. But in the middle of World War. Fred Fehsenfeld Net Worth The estimated Net Worth of Fred M Jr Fehsenfeld is at least Heritage-Crystal Clean Inc stock worth over . Betsy has a bachelors degree in finance from the University of Notre Dame and an M.B.A. from Duke University. in civil engineering from Purdue University and her M.S. His immediate boss didnt quite understand, but ultimately supported his request. Fred graduated from Shortridge High School, earned a mechanical engineering degree from Purdue and also received an honorary doctorate in Civil Engineering from Purdue. After all, there are some things about a business that one can only learn by getting your boots dirty. In 1977, Fehsenfeld joined his family business and turned around a small, struggling environmental start-up, which grew into the premier privately held environmental services company in the U.S. As his family grew, it was a necessity to grow the family business. Over the last 17 years, insiders at Calumet Specialty Products Partners L.P have traded over $5,215,620 worth of Calumet Specialty Products Partners L.P stock and bought 991,483 units worth $7,438,423 . Other recent insider transactions involving Heritage-Crystal Clean Inc (HCCI) include , Fred Fehsenfeld Jr. Chairman of the Board The Heritage Group Timeline 1930s THE FIRST GENERATION Our founding father: A man, a truck and a dream With $10,000 and a dream, John E. "Jack" Fehsenfeld begins a residential home heating oil delivery service called Crystal Flash. Throughout his entire life, he was a true American patriot. Prior to starting and building HG Ventures, John Glushik served as a General Partner at Intersouth Partners and the Managing Director of the Duke Angel Network. Crystal Flash expands north, as Michigan Crystal Flash, operated by Frank Fehsenfeld's uncle, Art Barnes, who Frank joins in 1936. also The Purdue Foundation - Fred M. Fehsenfeld Sr. Engineering Scholarship Fund, 403 West Wood Street, West Lafayette, Indiana 47907, 30 South Meridian Street, Indianapolis, IN 46204, Do Not Sell or Share My Personal Information. Ms. Schumacher is the daughter of Fred M. Fehsenfeld, Jr., the chairman of the board of our general partner. I'm a technical analyst (CFTe) and a long-time business reporter with an interest in ESG. of 679,730. in mechanical engineering and materials science from Duke University, an M.S. We also grow to become a one-stop waste management solution for hazardous and non-hazardous waste streams, tailoring solutions to meet customer needs-whether landfill, recycling, or reuse. He later served in the Indiana Air National Guard. Personal Details View All. The company's first asphalt plant opens in Indianapolis in 1957. also As a young leader, Fred Jr. inspires The Heritage Group core value with his mantra, "Bet on young people. In 1980, Fred founds the Heritage Research Group, an in-house R&D laboratory, which helps The Heritage Group companies, customers, and partners evolve and adapt to an ever-changing marketplace. Keller founded DeVry's Keller School of Management some 35 years ago and now commences with $339 million of shares in the company. Together with only three other students and two professors, the group read books from some of historys great thinkers and discussed the ideas within. Fehsenfeld, who died Nov. 28, consistently sought occasions to grow the company and taught himself about other industries so he could take advantage of opportunities when he saw them. In the late 1970s, Fred Jr. becomes CEO at 29 years old, and the third generation of Fehsenfeld family leadership begins. Ms. Schumacher has served as the president of Monument Chemicals, Inc. and Haltermann Solutions since 2010. Graham now has $496.4 million in shares stacked up. of In 2008, she founded Monument Chemical, the groups specialty chemicals business, and served as President and CEO for eight years. Fehsenfeld Fred M Jr around $937,000. After he lays the foundation for success, John's vision of a family-owned business becomes a reality when he sells majority stock in the company to his three sons, Frank, Fred Sr., and Mac. Emory University professor Raymond F. Schinazi is one example: he is the force behind a promising drug to treat hepatitis C, which is being developed and marketed by Pharmasset. You may opt-out by. While MEP has helped reduce the threat from poaching, Fehsenfeld notes that other threats such as habitat fragmentation and human wildlife conflict have increased. This decade, The New Ventures group is created to support innovation and growth through investments in our core and adjacent markets. Amy has been part of The Heritage Group family of businesses for over 12 years. Phillips held more than $250,000. Fehsenfeld Fred M Jr is the Chairman of the Board of Calumet Specialty Products Partners LP and owns about 15,476,795 shares of Calumet Specialty Products Partners LP (CLMT) stock worth over $254 Million . He then married Barbara Fehsenfeld, who survives. This project leads to a partnership with the Grube family and the development of Calumet Specialty Products, which specializes in hydrocarbon and fuels. in economics from Northwestern University. On average, Amy trades about 3,302 units every 49 days since 2014. After visits to the library, for example, he jumped into the asphalt business, constructing an asphalt facility in 1960 that is still in operation today. The addition of high-quality aggregates sparks a period of dramatic growth and leads to the development of the Heritage construction business. Enjoy a 7-Day Free Trial Thru May 09, 2023! of The performance of stocks bought by Fehsenfeld Fred M Jr within 3 months outperforms 4 times out of 4 transactions in total compared to the return of S&P 500 within the same period. She possesses a broad background within the chemicals industry, with specific experience in strategic growth projects. That boosted Schinazi's stake $37.2 million this past week, making his stake in Pharmasset valued at $199 million. What will happen now is that students will be exposed to mechanical engineering, chemical engineering, civil engineering and bio-engineering. In lieu of flowers, memorial contributions may be made to: The Purdue Foundation, 403 West Wood Street, West Lafayette, IN 47907, In memory of Fred M. Fehsenfeld Sr. Engineering Scholarship Fund or Riley Childrens Hospital, 30 S. Meridian Street, Indianapolis, Indiana 46204, In memory of Fred M. Fehsenfeld Sr. I have learned that if incentives are properly designed up front that things work well with minimal oversight. There are 3 older and 8 younger executives at Heritage-Crystal Clean Inc. Strong sales growt of 21% in the latest quarter helped Ulta shares, which in turned helped Heilbronn make another $19.9 million this week. Trust's mailing address filed with the SEC is FEHSENFELD & ISSUE UAD 12 27 1973, 5400 W. 86TH STREET, INDIANAPOLIS, IN, 46268 . The Board has concluded that Mr. Fehsenfeld should be a Director and Chairman of the Companys Board because of his significant executive experience referred to above, as well as the fact that his significant stock ownership in the Company aligns his interests with those of other shareholders. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Most recently she exercised 27,855 units of CLMT stock worth $454,594 on 3 February 2023. She worked as a Post Doctorate Researcher at Indiana University Purdue University Indianapolis. Fred Fehsenfeld enrolled at Purdue early and left early, but has since ensured that he will be a part of the University for a long time to come. Jeff is the founder of Heritage Battery Recycling, now operating as Cirba Solutions, co-founder of Inteactif, co-founder and board member of Waelz Sustainable Products and is also co-founder of RTI. His contributions established the Fehsenfeld Family Head of Environmental & Ecological Engineering, the Purdue Energy Fund and expanded the Division of Environmental and Ecological Engineering. Last year, there were zero elephants poached in that same area.. During her leadership, she built a Chemistry Themed Playroom at St. Vincent Clinic and received two awards for the project. Physics, Rice University, 1957, Ph.D. Physics, University of Texas, 1962 EMPLOYMENT: Currently, Senior Research Scientist with the Cooperative Institute in the Environmental Sciences (CIRES) of the University of Colorado. Amy Schumacher is 48, she's been the Director of Calumet GP and LLC of Calumet Specialty Products Partners L.P since 2014. Calumet is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America. Last year, Holcomb named Interstate 865the east-west connector between I-65 and I-465after Fehsenfeld, who was a major donor to his alma mater, Purdue University, throughout his life. He has also held various senior finance and accounting roles spanning multiple industries. Trust's mailing address filed with the SEC is FEHSENFELD & ISSUE UAD 12 30 1974, 5400 W. 86TH STREET, INDIANAPOLIS, IN, 46268 . At 17, he enrolled as a mechanical engineering student at Purdue University. Betsy has a passion for the impact of education on society and currently sits on the Presidents Council of Marian University and serves on the boards of St. Vincent Ascension and the IUPUI Board of Advisors. Heilbronn owns 18.5% of Ulta Salon Cosmetics & Fragrances, a beauty products retailer that has 394 stores in malls and shopping centers in 40 states. of 11,142 shares. There was no place to hide within the classs unique discussion framework. In 2014, The Heritage Group invests in future leaders by launching Kids Science Camp for the children of Heritage employees to help kids age 8-12 develop a passion for science and learn to tackle big problems by thinking creatively. in management from the Massachusetts Institute of Technology Sloan School. Fehsenfeld Fred M Jr In addition to his role as Chairman, Fred is also the managing trustee of The Heritage Group Board of Trustees and Chairman of the board of directors of Calumet GP, LLC, and the board of directors of Heritage-Crystal Clean, Inc. Fred also holds a seat on the Heritage Environmental Services, Inc. in mechanical engineering from Duke University and an M.S. The most active insiders traders include Group Heritage, Fred M Jr Fehsenfeld, and Bruce A Fleming . brought The largest trade she's ever made was exercising 57,981 units of Calumet Specialty Products Partners L.P stock on 3 March 2021 worth over $946,250. While the spark may have been unusual, the results speak for themselves. Mr. Borgmann has been with Calumet for 15 years in increasingly senior roles. He started his studies and joined the swim team, too getting the most out of whatever college . Kellogg Graduate School of Management at Northwestern University. DR. FRED C. FEHSENFELD DATE OF BIRTH: October 10, 1934 PLACE OF BIRTH: Kansas City, MO, USA EDUCATION: B.A. Early in his career while working in ConocoPhillipss corporate headquarters, Fehsenfeld asked to be transferred into the oil fields of Oklahoma where he would have an opportunity to develop his engineering skills. Over the last 15 years, insiders at Heritage-Crystal Clean Inc have traded over $63,916,909 worth of Heritage-Crystal Clean Inc stock and bought 2,628,339 units worth $31,329,949 David Rosen serves as Executive Vice President, Strategy + M&A at The Heritage Group. He has served on the boards of the North Carolina Council for Entrepreneurial Development, the Southern Capital Forum, the Florida Venture Forum and a chairman of the Atlanta Venture Forum. A member of the Monument Executive Leadership Team, Sibel plays a critical role in enabling future growth via the exploration of new or enhanced Monument technologies. Editor's note: You can comment on IBJ stories by signing in to your IBJ account. owns 668,197 shares of Heritage-Crystal Clean Inc (HCCI) as of August 24, 2022, with a value of $24 Million and a weighting of 8.220000000000001%. In his past career Mr. Fehsenfeld was Chairman at Calumet Specialty Products Partners LP, Chairman for Calumet GP LLC and Managing Trustee at Heritage Ministries. Heritage-Crystal Clean In provides full-service parts cleaning, hazardous and non-hazardous bulk and containerized waste management, used oil collection, re-refining and lubricating base oil product sales, wastewater vacuum services, antifreeze collection, recycling and product sales, industrial and field services, and emergency and spill response services. Without hesitation he said, We would be honored. This is one of the proudest moments I have had as a Duke Alum. A six-hour meeting amongst peers was held at Cameron, and Duke and Butler now have a special relationship. Gregory Ray, COO, and a net sale The Heritage Group has never been in a better position than it is today. This is a BETA experience. Fred has made over 21 trades of the Heritage-Crystal Clean Inc stock since 2008, according to the Form 4 filled with the SEC. Fehsenfeld Fred M Jr is the director & Chairman of Calumet Specialty Products Partners LP. The Dignity Memorial brand name is used to identify a network of licensed funeral, cremation and cemetery providers that include affiliates of Service Corporation International, 1929 Allen Parkway, Houston, Texas. Never one to quit, they recently brought on a world-class scientist, Dr. Jake Wall, to address these growing issues with creative solutions. Of course, Fehsenfeld has always been ready to answer the phone when Duke has been the one calling as well. of 2,000 shares made by Ryan Willman Opinions expressed by Forbes Contributors are their own. Calumet processes crude oil and other feedstocks into customized lubricating oils, solvents and waxes used in consumer, industrial and automotive products; produces fuel products including gasoline, diesel and jet fuel. A third-generation Fehsenfeld family business leader, Fred M. Fehsenfeld, Jr. currently serves as Chairman of The Heritage Group Holdings Company Board, continuing a legacy of family leadership that began with his grandfather, John E. Fehsenfeld, in 1930. The idea simmered in the back of his head until he was at a Duke Board of Visitors meeting five days later. In this role, she served as the founding president of the 16 Tech innovation community in downtown Indianapolis and worked closely with Indiana-based company, foundation and university leadership to examine how issues of STEM education, income mobility and technology trends affect Indianas long-term growth prospects. According to Fehsenfeld, morale quickly flipped from deeply negative to quite positive. How you develop people, what motivates them, building incentive systems that actually work, and learning how to find win-win solutions. Fred Fehsenfeld Jr's largest purchase order was, Fred Fehsenfeld Jr's largest sale order was, In total, Fred Fehsenfeld Jr has made about, The most recent transaction was a sale order of, Heritage-Crystal Clean, Inc's most recent insider trade came on March 10, 2023 by From our evolving businesses to rewarding employees for their ideas and pioneering research that's changing the world, The Heritage Group keeps on growing. As the fourth generation joins the company, The Heritage Group strengthens its presence in the specialty chemicals industry. Fehsenfeld Fred M Jr is He holds a B.S. It doesn't hurt that, depending on your field, your work can pay off handsomely beyond the promise of a bigger office and a pension. EXECUTIVE VICE PRESIDENT, HERITAGE RESEARCH GROUP. SOURCE Calumet Specialty Products Partners, L.P. Cision Distribution 888-776-0942 He assumed these roles following Ashlands 2008 acquisition of Hercules, where had been serving as President of the Hercules Paper Technologies and Ventures business. John is an active member of the entrepreneurial community. cost "Fred is a legendary entrepreneur and co-founder of Calumet, and his retirement will be felt deeply," said Mawer. While Suzie fell in love with the wildlife, he fell in love with the people. Fred M. Fehsenfeld, Jr. is a third-generation Fehsenfeld family business leader, currently serving as Chairman of The Heritage Group Holdings Company Board. "I am grateful for the opportunity to continue to work closely with Steve in our new roles. He has spent the last 22 years partnering with entrepreneurs, supporting management teams, leading venture financings, serving as a trusted board member and managing successful liquidity events. Fehsenfeld enrolled in Purdue at age 17, knowing that he would end up leaving for World War II. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Image by Getty Images North America via [+] @daylife. . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. sale Heritage Crystal Clean is a company that provides hazardous and non-hazardous waste collection services to small businesses as well as parts cleaning tools. Jeff is also a board director of Heritages PIZO Operating Company, an international partnership with zinc recovery operating plants that use a feedstock derived from hazardous waste. EVP - Performance Brands Marc Lawn Heritage-Crystal Clean, Inc. provides parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services primarily to small and mid-sized customers in the vehicle maintenance sector as well as manufacturers and other industrial businesses. Fehsenfeld is most commonly held in The United States, where it is carried by 225 people, or 1 in 1,610,929. Curriculum Vitae. "It's been a source of tremendous satisfaction for The Heritage Group and for me to see the corporate transformation of Calumet," said Fehsenfeld. Fred began his career at Rock Island Refining as a Process Engineer. Heritage-Crystal Clean Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Jeff is a board director for Energy Systems Network (ESN), a cross-industry collaboration of organizations focused on technological innovation in the renewable energy space. of 10,000 shares made by James S Carter GuruFocus.com is not operated by a broker or a dealer. In November 2020, The Heritage Group celebrates its 90th anniversary-and is looking forward to 100 years! He was assigned to the 354th Pioneer Mustang Fighter Group in France, a fighter group of P47 Thunderbolts and P51 Mustangs. Mr. Fehsenfeld owns over 147,710 units of Heritage-Crystal Clean Inc stock worth over $1,977,164 and over the last 17 years he sold HCCI stock worth over $23,193,701. Click here to see the complete history of Fehsenfeld Fred M Jrs form 4 insider trades. Fred was a rare visionary leader, a revolutionary builder, who had a giant heart for our state and nation, Gov.