4M is dedicated to revolutionizing the industrial carbon fiber market with strong tailwinds by modernizing the manufacturing process to produce high-quality, low-cost, high-volume materials to meet projected industry growth.
Paresh recently retired from Duraline Corporation and its parent, Mexichem, in January of this year. He served as Chairman of the Board and CEO of Duraline and as the President of Orbia’s (FKA Mexichem) Fluent Group, a $4 billion global business with over 90 facilities and 15,000 employees worldwide. He was on the Boards of Wavin (Netherlands) and Netafim (Israel), prior to retiring and currently serves on the Advisory Board of Onward Capital. His prior experience includes executive roles at AT&T, Emerson and Halliburton. He has significant experience in driving business transformation and accelerating both organic and inorganic growth including acquisitions, JVs, greenfield and strategic alliances.
Despite several ownership changes, including Emerson and several private equities, Paresh led Duraline through significant growth starting with a $65 million operation to its current value over $1.3 billion. The prior private equity owners included Jordan Industries (Chicago), Sun Capital (Boca Raton), Audax Group (Boston) and CHS (Chicago). Under his leadership, Duraline was ultimately sold to Orbia (FKA as Mexichem) in September of 2014. Each sale resulted in significant value creation for its owners.
Paresh has an M.B.A. from the University of Michigan as well as both master’s and bachelor’s degrees in engineering from the Indian Institute of Technology. He is also a Certified Public Accountant and completed executive education programs at Northwestern and Harvard. He also completed the Directors’ College at Stanford in 2013.
Chief Advisor Garo Artinian is President and CEO of Artinian Holding, a global business advisory.
Mr. Artinian served as the chairman and CEO of Draka Holding NV, a publicly traded company, from 2003 to 2006. There, he helped grow revenues to more than three billion euros by restructuring the company’s debt, reorganizing its operations into a leaner and more focused structure, and expanding sales in key international markets. He also completed a joint venture with Alcatel, creating the second largest communications wire and cable company in fiber and copper worldwide. Guided by Mr. Artinian’s strategic vision, the venture successfully integrated several acquisitions. Together, these actions drove positive cash flows, improved collaboration between divisions and management, and in effect, turned the business around. In 2006, Mr. Artinian retired from Draka and launched Artinian Holding, which specializes in supporting CEOs as they expand and integrate their businesses. Since then, he has served on the boards for Domaille Engineering, TPC Group, and Dura-Line, which was acquired by Mexichem in 2014.
Josh Kimmel serves as President of 4M Carbon Fiber Corporation and as a Director. Kimmel has 20 years of executive level expertise in multiple sectors including public company finance, private equity and large scale commercialization. In addition, Josh holds multiple patents related to vaporization and other alternative inhalation delivery methods for dispensing medications that include advanced device security technologies. Kimmel is experienced in commercializing concepts, brand development and digital marketing to turn ideas into a profitable and sustainable business. Kimmel’s catalyst to achieve a high level of success was his tenure with mentor Mr. Harold Katz, the founder of Nutri systems, prior owner of the NBA Champion 76ers, and LA Weight Loss who instilled his core value that losing is not an option.
Doug Mentzer, Vice President of Finance and Director for 4M, is a financial advisor, educator, and speaker, and currently serves as President of The Mentzer Group, LLC, a full-service, independent investment advisory firm located in Knoxville, TN. Mr. Mentzer’s duties include financial planning and investment supervisory services, as well as business planning, development, management, and operations. Doug teaches financial classes through the Oak Ridge Institute for Continued Learning, and his financial presentations have been widely attended all over Tennessee.
Mr. Mentzer has received the Certified Funds Specialist and Certified Income Specialist designations from the Institute of Business and Finance, and is a member of the National Ethics Association. The Mentzer Group is a Registered Investment Advisor and insurance agency. Doug founded The Mentzer Group in 2008, and prior to that served as an investment advisor for Brogan Financial, Inc. from 2004 to 2008.
Mr. Mentzer is a founder and board member of RMX Technologies and was instrumental in fundraising and commercialization of the plasma oxidation technology.
Dr. Truman Bonds currently serves as the Chief Technology Officer and Director of 4M Carbon Fiber Corp. In addition, he is a Founder of and remains active at 4XTechnologies, 4M’s technology partner. At 4M, he oversees the transfer of core plasma technology invented by 4XT and leads the design and manufacturing work for the successful commercialization of its plasma oxidation technology.
Prior to this he served as Founder and Vice President of Research and Development at RMX Technologies, LLC where his duties included leading the experimental research group and operations focused on developing new technologies based on proprietary plasma technology from the start of the company in November/2011 to December/2016. From January/2017 to May/2019, he served as President at 4XTechnologies, LLC where his duties expanded to general company leadership, growth, and new product development. Dr. Bonds continues to be involved in the effort to develop new carbonization and surface treatment technologies for carbon fiber production, both of which are in partnership with the Oak Ridge National Laboratory.
4M’s General Manager, Mike Agentis has over 30 years of contracts, construction, operations and project management experience including extensive experience in large construction projects. His experience includes management of design-build, manufacturing plant construction, electrical and mechanical upgrades, building erection and refurbishment. He managed numerous multi-million dollar projects and business units with responsibility for budget, cost and schedule control, safety and regulatory compliance, quality assurance and business development.
Mike has a Bachelor of Science degree in Mechanical Engineering from Lehigh University and a Master’s degree in Business Administration from Rensselaer Polytechnic Institute. His experience includes positions as Vice President and General Manager for NSC Energy Services Corporation, President of TPG Applied Technologies and Owner and Manager of 1St Contracts Management, LLC, and PAS-COY, LLC. Mr. Agentis spent the last four years supporting Government Contractors managing and negotiating contract changes for multi-billion dollar contracts.
4M CFO Erwin Vahlsing is an accomplished financial executive with strong operational experience in both domestic and international organizations. He has managed finance departments in the manufacturing, service, and construction sectors. Mr. Vahlsing has proven his abilities in strategic planning, critical decision making, identifying cost-effective solutions, and developing highly creative financial solutions to turn around underperforming units and products.
Mr. Vahlsing has been the President of XBRL Associates for the last six years, providing outsourced CFO services to smaller public companies and companies intending to “go public.” His services include preparation of projections, financial modeling, financial statements, reports, and filings, as well as interfacing with SEC auditors and legal counsel to assure the quality and timeliness of all current reports (such as 10K, 10Q, and 8K SEC filings).
Mr. Vahlsing has held executive-level financial positions continuously since 1999, and controller-level positions since 1983 — all for companies with $2 million to $80 million in revenue. He holds a Master of Business Administration degree (concentration in Finance) from the University of Rhode Island and a Bachelor of Science degree in Accounting from the University of Connecticut.
Rodney Grubb serves on the Board of Directors of 4M Carbon Fiber Corp. Grubb has more than 32 years of experience in operations and project management, energy and facility management and upgrade, program development and implementation, technology development and transfer, strategy and business development, engineering management, and staffing and administrative functions.
Rodney holds a B.S. in Engineering Science and Mechanics from the University of Tennessee, an M.S. in Industrial Engineering from the University of Tennessee, and did doctoral work in Engineering Management at the University of Alabama. He is a Tennessee Registered Professional Engineer and has received Project Management Professional Certification from the Project Management Institute and Professional Engineering Manager Certification from the American Society for Engineering Management.