“We are pleased to appoint a leader of Terry’s calibre as the new chair of HB Fuller’s board of directors,” said Celeste Mastin, HB Fuller’s president and chief executive officer. “Having worked closely with Terry, I know firsthand that she is a visionary leader who brings global perspective and deep customer and go-to-market expertise to the role. We look forward to continuing to benefit from Terry’s extensive background in the financial services industry as we expand our presence in new high-growth end markets and transform our portfolio to become a 20% EBITDA margin business.”
“It is an honour to be named chair of HB Fuller’s board,” said Rasmussen. “Since joining in 2020, I have been impressed by the organisation’s breadth of talent. I am eager to partner even more closely with Celeste and the entire board as HB Fuller continues to excel and innovate globally.”
“Lee has been a tremendous advisor to HB Fuller. His counsel and dedication created a blueprint for advancing our growth strategy and establishing HB Fuller as the largest pureplay adhesives company in the world,” said Mastin. “On behalf of the entire board, I want to thank Lee for his leadership and unwavering commitment to HB Fuller. We congratulate him on an incredible career and wish him all the best in retirement.”
“It has been an honour to serve on the HB Fuller board and to witness the company’s evolution and significant growth over the years,” said Mitau. “I’m grateful to have worked alongside so many talented leaders and have great confidence in the company’s leadership team and long-term growth strategy. I look forward to seeing what they will achieve next.”
Rasmussen (pictured) joined the HB Fuller board of directors in 2020 and currently serves as president and chief executive officer of Thrivent, a Fortune 500 diversified financial services organisation. She brings leadership and business acumen to the board, along with expertise in organisational transformation.
Before her current role, Rasmussen was president of Thrivent’s core life, health and annuities business after serving 10 years as senior vice president, general counsel and secretary. Prior to joining Thrivent, Rasmussen held a series of leadership roles at American Express, including serving as vice president and managing counsel. Earlier in her career, she was a trial attorney with the United States Department of Justice, Tax Division, as part of the Attorney General’s Honors Program.
