For Immediate Release
May 22, 2013
NEW YORK – J.F. Lehman & Company, a leading middle-market private equity firm focused on the defense, aerospace and maritime sectors, is pleased to announce the addition of Caroline R. Bibb as Managing Director, Operations. Ms. Bibb will be involved in all aspects of the firm’s private equity investment program, from due diligence and evaluation of investment opportunities to development and execution of J.F. Lehman’s strategic plan for new portfolio companies. In particular, Ms. Bibb will focus on the operational evaluation, oversight and direction of portfolio companies from acquisition through exit.
Ms. Bibb brings 30 years of management, operations and engineering experience to her role at J.F. Lehman. For more than a decade at Honeywell International, Ms. Bibb held roles of increasing responsibility and managed operating units ranging in size from $220 million to $900 million and up to 3,000 employees; she most recently served as a Senior Vice President and General Manager. Ms. Bibb also served in a variety of management and engineering roles at AlliedSignal prior to its merger with Honeywell.
“Carol is a seasoned industry executive with a background perfectly suited to her role at J.F. Lehman & Company. We expect she will be an outstanding addition to our operations team,” said Steve Brooks, a Partner with the firm. “We expect our portfolio companies to benefit immensely from Carol’s years of experience in running all aspects of successful businesses.”
Ms. Bibb earned a B.S. in Chemical Engineering from Tennessee Tech University and an M.B.A. from The College of William & Mary. She completed the Director Development Program at the Kellogg School of Executive Management at Northwestern University. Ms. Bibb is Six Sigma Black Belt certified.