)– Johns Manville (JM), a global building and specialty products manufacturer and a
Berkshire Hathaway company, announced today Sabine Schmidt is the company’s new
Chief Financial Officer, effective on September 1.
“Sabine brings a breadth of financial experience at Johns Manville and in the industry to
her new position,” said Bob Wamboldt, President of JM’s Insulation Systems business. “Her
expertise will serve JM well as we strive to be the Employer of Choice and Supplier of
Choice in the markets we serve. We are delighted Sabine will be part of our leadership
team.”
Wamboldt will become JM’s President and CEO at the same time Schmidt assumes her new
job. Greg Clarke, JM’s current CFO, will become President of the Insulation Systems
business.
“Johns Manville is in great hands with these experienced leaders in their new roles,” said
Mary Rhinehart, JM’s President and CEO. “I am confident we will continue delighting our customers, adding value and delivering positive JM Experiences that position JM well into
the future.”
Rhinehart will continue as Chairman of Johns Manville when the leadership changes take
effect this fall.
Schmidt joined JM in 2006 as the Corporate FP&A Manager. She was later promoted to
Finance Director, Engineered Products North America. Schmidt assumed her current job of
Director of Finance for JM’s Insulation Systems business in 2012.
In her new role, Schmidt will be responsible for all global financial functions and corporate
development activities for the company.
Before joining Johns Manville, Schmidt held several jobs at Fortune 100 automotive
supplier Dana Corporation. She began her career in internal audit for both the U.S. and
Europe and gained increasing responsibility throughout her six-year tenure there, including
jobs as Plant Controller for both an axle assembly plant and unionized drive shaft
manufacturing plant. Sabine later worked at Holcim as Corporate Manufacturing Controller
and was responsible for all aspects of operations accounting and controllership for 12
cement plants.
A German native, Schmidt earned a master’s degree in business administration, technically
oriented, with majors in finance, controllership and energy technique from the Universität
of Stuttgart. Sabine and her husband live in Littleton, CO.