Trusted Company Advisor Bobby Lucas Named President and Chief Executive Officer.
Terry Murphy to Continue Role on Hammond’s Board of Directors.
Hammond Group Inc, a global manufacturer of technically-supported battery oxides, red leads, expanders, and other specialty chemicals, today announced that Robert “Bobby” Lucas has been named new President and CEO, to support the company’s continued global growth strategy and execution. Lucas replaces Terry Murphy as President and CEO, with Murphy continuing his position on Hammond’s Board of Directors. Lucas, a trusted legal advisor to Hammond’s management team for over 15 years, most recently served as managing partner at Dinsmore & Shohl’s Chicago office.
“Bobby Lucas has been a trusted advisor to the Hammond Group for many years. He led our divestiture of the Halstab division, guided us through our transformation to an ESOP (Employee Stock Ownership Plan), and has been instrumental in our strategy as a trusted member of our board of directors,” said Murphy. “Bobby knows our industry and is a critical thinker whose wide range of professional expertise is unsurpassed. I am truly elated to entrust the legacy of this company to such a charismatic and sincere leader.
In addition to more than 20 years as a corporate attorney, Lucas has served as Chair of Dinsmore & Shohl’s Corporate Department, Co-Chair of the Business, Acquisitions and Securities Practice Group, a member of the firm’s Executive Committee, on their Board of Directors, and was Vice Chair of the firm’s Finance Committee.
Lucas will assume his new position with Hammond on June 3, 2024.
“I am truly honored that the Board of Directors has entrusted me to be the next President and CEO. I look forward to working with the entire Hammond team to continue to build on the incredible growth and transformation the company has experienced under Terry Murphy’s leadership during the last 10 years,” said Lucas. “I am extremely excited to work with Hammond Group’s tremendous customers and forge relationships with other leaders in the battery industry. The company has an incredible innovation history and a very bright future.”
Murphy issues an industry appreciation and an invitation.
“I plan to remain on the Board, support Bobby and his staff to ensure a smooth transition, and will continue to explore new opportunities for Hammond, including a full transition to 100% ESOP. Please join me in congratulating Bobby as our new President and CEO as we continue to improve battery technologies for emerging applications,” said Murphy. “Thank you for the opportunity and support everyone in the battery industry has given me over the last decade. It has been an extremely rewarding endeavor for which I am forever grateful.”
