| Mr. MacDougal became Chairman and Chief Executive Officer of Mark Controls Corporation in September 1969 when he and a group of venture capital investors assumed control of the company. Mark Controls has been a leading manufacturer and installer of building management systems and services, and a manufacturer of flow control equipment for the petroleum, process and power industries. During Mr. MacDougal’s tenure as CEO, the investors achieved more than a sixteen-fold increase, with the stock rising from $10 per share in 1969 to the equivalent of more than $160 per share in October 1987 (adjusted for splits). Investors experienced growth of over 17% per year compounded (including dividends) over... Read More |
