Bethany, Conn.—Laticrete, a leading manufacturer of globally-proven construction solutions, has elected Thomas Tullo as its 7th and newest member to its board of outside directors. Laticrete is unusual for a family-owned business in having an independent fiduciary board, the company said.
As the founder and managing director of investment bank Range Light Capital, Inc., Tullo joins Laticrete with 40 years of experience in finance. In this new role, Tullo will enhance the lives of Laticrete customers and employees by using his extensive experience serving many industries.
“Mr. Tullo joins Laticrete at a critical inflection point in our company’s 64-year history, as we appointed our first non-family member CEO this year,” said David A. Rothberg, Laticrete chairman. “The board’s role will involve keeping Laticrete true to our founder’s values of trust, integrity, innovation, passion and customer centricity, while continuing our global expansion. I feel blessed to have Thomas helping us on this journey.”
Patrick Millot, the newly appointed CEO of Laticrete, added, “Thomas comes to Laticrete with a wealth of knowledge for company success and strategic vision of our organization. These will be pivotal in our ability to scale and meet the increasing demand for the constantly evolving tile, stone and flooring marketplace. With his impressive work and academic background, Thomas will be a strong asset to our board of directors and a great support to the Laticrete team. I look forward to benefit personally from his guidance, and from the positive impact he will make on Laticrete’s business and people.”
Prior to founding Range Light Capital, Tullo was a partner in Rossoff & Company where he led the firm’s industrial practice. Tullo also headed the industrial and diversified services group at RBC Capital Markets, served as a vice president at Goldman Sachs and a managing director at S. G. Warburg & Co. At McKinsey & Company he advised clients on financings and recapitalizations, both in the U.S. and overseas. Tullo is a lifelong competitive sailor. He is a member of the board of directors of Taco Comfort Solutions. Tullo holds a Juris Doctor degree from Harvard Law School and an economics degree, Summa Cum Laude, from Dartmouth College.