General Cable Corporation (Highland Heights, Ky.): Michael McDonnell will be president, CEO and a member of the board of directors, effective July 1. He was previously chairman, president and CEO at TPC Group, a $2.5 billion leading processor and producer of value-added products derived from petrochemicals. McDonnell will succeed Gregory Kenny, who has led the company since 2001 as president and CEO. Kenny will retire as of July 1, but will remain available to McDonnell and to the Board in an advisory capacity through year-end. John Welsh, III, will remain chairman of the board.
Before joining TPC Group, McDonnell, 58, was president, CEO and executive director of Pregis Corp., a global specialty packaging and hospital supply products company. He holds a Bachelor of Science in chemical engineering from Penn State University, a masters in economics from the University of Massachusetts, and completed the general management program at Harvard Business School.