Dr. Wavell obtained a degree in mechanical engineering from McGill University, Montreal, Canada; a Ph. D. in chemical engineering from the Institute of Paper Chemistry, Appleton, WI; worked as a technical director for three years at Clyde Paper in Scotland and apprenticed at E&B Cowan before deciding to establish his own company which he first named Pulmac Research and later Pulmac Ventures. Wavell transformed Pulmac into a maker of precision instruments that improve paper quality and mill productivity. Many of the instruments currently sold by Pulmac were developed under his leadership. Wavell retired in the late 1990’s and currently serves as Scientific Advisor to the Company. (In 2015, TAPPI, the Technical Association of the Pulp and Paper Industry, awarded Wavell the Thomas F. Sheerin Sr. Service Award for outstanding service to the industry).
Dr. Thomas Fallows joined Galileo Global Securities as Managing Director in August 2017. He brings over 35 years of banking experience working both globally (Citigroup and Chase Manhattan/JPMorgan) and domeistically in Saudi Arabia (The Saudi Investment Bank and Saudi Fransi Capital). He has been advising Pulmac on M&A projects since 2017. In 2018, as Pulmac was considering a merger with a capital equipment company well known in the paper industry, he was instrumental in securing a private equity investor capable of financing this transaction. While in the end, another company bought out the target company, Tom has actively pursued other financing strategies, one of which is in the process of securing capital for Pulmac’s FiberWorx(TM) strategic thrust.
In Citigroup he was extensively involved in major transactions involving both Corporate and Investment Banking. In Italy he worked on advisory and financing projects for the ENI/Agip Group in Latin America and Africa, and for the Montedison Group for restructuring of their chemical businesses. In France he led a number of strategic transactions for Alcatel including the landmark Securitized Vendor Financing structure as well as project financings in Turkey, Hungary and Columbia, and supported Citi’s restructuring services for France Telecom and Thomson Consumer Electronics. In South Korea he played a major role in Citi’s work for Hynix and debt and equity financing for LG Electronics’ JVs with Philips in display technology, and pioneered non-recourse financing in the Cable TV sector. His involvement in telecoms, media and technology brought him to Hong Kong in the role of Regional Industry Head for TMT for Citi’s Corporate Bank in Asia, where he supported the bank’s services for customers in semiconductors (Korea, Taiwan), telecom operators and network suppliers (China, India, Malaysia, Indonesia and Korea), PC manufacturers (China/Singapore and Taiwan), solar panels (China and Singapore) and gaming operators (Macao, Singapore, Malaysia and Australia).
In Saudi Arabia from 2009 to 2017, Dr. Fallows first worked as Country Head for Investment Advisory and Sales for the wealth management affiliate of Amundi and Banque Saudi Fransi, and then he joined The Saudi Investment Bank focusing on the bank’s Strategic Plan in Corporate Banking. He was particularly involved in providing banking services for affiliates Alistithmar Capital (financing for Real Estate Funds) and Saudi Orix (equipment leasing).
Returning to the US in mid-2017, Dr. Fallows established Fallows Enterprises Inc. as the vehicle for his new activities both through Galileo Global Securities as well as through other financial consulting projects. He is the President of this company as well as the President of a sister company engaged in the chartering of day sailing on Long Island Sound, and also serves as the Director and Treasurer of the Ventana Condominium, a residential property in Manhattan..
Dr. Fallows is a graduate of the University of California, Berkeley and holds a PhD in History and Economics from Harvard University. He has lived and worked in Russia (as an exchange student at Moscow State University). He three times received the Citigroup Chairman’s Club Award. He was certified for Investment Advisory Services by Saudi Arabia’s Capital Monetary Authority and holds a FINRA Series 63 and 79 licenses.
Mr. Chuck Klass advises Pulmac in the area of strategic development. He graduated from Western Michigan University with a Bachelor’s degree in pulp and paper technology and received a Master of Business Administration degree from Pace University. His 60+ years of paper industry experience include technical and operating positions with Hamilton Paper, Oxford Paper, Union Camp and Westvaco; editorial experience with Paper Trade Journal; technical service/sales/marketing management positions with Merck Chemical, Lockport Felt, Asten Group, and Inventing/BTG Coating Systems. In 1986 he became a consultant to the paper industry specialized in coating, surface sizing and development of value-added papers; clients include producers of coated paper and paperboard worldwide and suppliers to the paper industry. He is a frequent guest lecturer at universities. Mr. Klass has been active in TAPPI and has served as Chairman of the Paper and Board Manufacturing Division, the Coating Process Committee, and on the TAPPI Board of Directors. He is a TAPPI Fellow and has received the Paper and Board Manufacturing Division Award, the Coating & Graphic Arts Division Leadership & Service Award, the TAPPI Distinguished Service Award and the TAPPI Gunnar Nicholson Gold Medal. He has numerous publications and has spoken at many TAPPI, CPPA, PIMA, and Smithers-PIRA Conferences, Seminars and Short Courses. He also serves as Adjunct Professor of Paper and Chemical Engineering at Western Michigan University and teaches the “Principles and Practices of Coated Paper Manufacture” and “Advanced Papermaking” courses. He has also taught the TAPPI Short Courses “How to Market Effectively to the Pulp & Paper Industry”; “Introduction to Pigmented Coating Processes”; “Coated Paperboard”; “Blade Coating”; “Containerboard Manufacture”; “Improving Paper Machine Operation”; “Base Stock for Coating,” and “Sizing.” He has 7 patents on papermaking and paper coating. His research interests include development of recyclable barrier coatings, digital printing papers, high graphic quality containerboard and lighter weight paper-based packaging. He was inducted into the Paper Industry International Hall of Fame in 2016.
Dr. Luettgen advises Pulmac on future developments in the pulp and paper industry. He has 25 plus years of industry experience, with Scott Paper and Kimberly-Clark Corp., where he most recently served as head of North American Innovation the Kimberly-Clark Professional business sector. He has held positions in product development and innovation as well as in capital project management and manufacturing facility leadership.
For several years, Luettgen has served on the Georgia Tech Renewable Bioproducts Institute Industry Board of Advisors, and as the Chairman of the Board of the Technical Association of the Pulp & Paper Industry (TAPPI). He earned his bachelor’s degree in Paper Engineering at Western Michigan University (’85), his master’s degree at the Institute of Paper Chemistry, Appleton, WI (’87), and his Ph.D. in Surface Chemistry at the Institute of Paper Science and Technology – now the Renewable Bioproducts Institute at Georgia Tech (’91).
He rejoined Georgia Tech in November 2014 as a Professor of the Practice in the School of Chemical and Biomolecular Engineering, and Associate Director of Pulp, Paper, Tissue and Packaging at RBI. He also serves as the Director of the undergraduate Pulp and Paper Certificate Program and its Foundation.
Areas of research interest include: Recycling; renewable cellulosic feedstocks; replacing fossil-based products with bio-based materials; commercialization of nanocellulosic materials in consumer and packaging products; Smart Manufacturing and Industry 4.0; tissue/towel manufacturing and converting; and manufacturing leadership / operational excellence.
Mr. Lawrence Miller advises Pulmac in areas of organization, governance, and business development. He is an independent strategy and operations consultant, and executive coach. He brings experience in business and government in the areas of rapid scaling, project and crisis management, organizational development, and personal development, to help organizations and individuals create change. He was the founder of Otter Creek Brewing, served Vermont as Secretary of the Agency of Commerce and Community Development, and then as Chief of Health Reform from 2011 through 2016.