You are here
Paul M. Montrone
Paul M. Montrone PhD ’66
Chairman, Perspecta Trust, LLC, New Hampshire
For more than three decades, Paul Montrone has directed the development of a number of businesses in a diverse set of industries. He is currently executive chairman of Latona Associates and Liberty Lane Partners, both private investment groups, and Perspecta Trust LLC, a New Hampshire trust company.
Mr. Montrone was chief executive officer of Fisher Scientific International Inc. from its initial public offering in 1991 until its merger with Thermo Electron in 2006, forming Thermo Fisher Scientific Inc. Over this period, the equity value of Fisher increased from approximately $200 million to $12 billion, and the annual return to shareholders was 26 percent compounded.
Prior to leading Fisher Scientific, Mr. Montrone was chairman and chief executive officer of Wheelabrator Technologies Inc., a leading environmental services company. Annual shareholder returns at Wheelabrator under his leadership were 22 percent compounded. Previously, Mr. Montrone was executive vice president of the Signal Companies, Inc., and its successor, AlliedSignal Inc. (now Honeywell International Inc.), as well as president of the Henley Group, Inc., and executive vice president and chief financial officer of Wheelabrator-Frye Inc.
Mr. Montrone began his career at the Pentagon, serving in the systems analysis group in the Office of Secretary of Defense Robert McNamara while a captain in the US Army. For many years, Mr. Montrone also participated in healthcare policy matters at the national level and in business policy through his activity with the Business Roundtable and the US Chamber of Commerce.
He has served on a number of corporate boards and many nonprofit institutions, especially the Metropolitan Opera, for which he was president and chief executive officer and is now president emeritus. In addition, he is on the boards of the New England Conservatory, the Boston Symphony and the Foundation for the National Institutes of Health.
Born in Scranton, Pa., in 1941, Mr. Montrone was graduated magna cum laude from the University of Scranton in 1962 and holds a PhD from Columbia University.
News & Ideas
R. Gopalakrishnan of Tata Sons offers a surprising take on what’s truly new.Read More
Louis Bacon ’81 Donates Generously to Manhattanville Project
Louis Bacon ’81, has made a generous donation to Columbia Business School from The Moore Charitable Foundation (MCF).Read More
Columbia Business School Professor Predicts How Changes in Banking Laws Could Fuel Emerging Economies of Tomorrow
New research tracks emerging countries’ economics activity after law changes and finds a boost in access to credit; increase in employment rate; increase in productivity and sales for firmsRead More
Low-Calorie Menus Could Be Making Us Fat
When lighter options are grouped together, diners opt for heavier meals.Read More
Engineering Smarter Schools
Supporting public schools’ use of technology is a necessary but daunting challenge—one that makes Samantha Brenner ’08 tick.Read More
Reaching for the Stars
In November, NASA astronaut Timothy Kopra ’13 will blast off into space.Read More
A Fair Hearing for Sovereign Debt
Market-based solutions to sovereign-debt crises have a high potential for chaos. A prime example: Argentina’s default.Read More
As vice president and controller for Swann Galleries, Andrew Ansorge '76 wears many hats. Here, he talks about his presence in and intrigue with the New York art scene.Read More
Can't Meet Anyone Online? It's Not All Your Fault.
Seeking a match online? Whether its a new job or a date, fewer choices may lead to better matches.Read More