Cato Names Bond, Kilts, and Lapeyre to Board

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Washington, D.C. (April 1, 2014) – The Cato Institute Board of Directors, in a meeting held on Saturday, March 29, 2014, expanded its membership by three.

The new directors are:

  • Baron Bond, Executive Vice President, The Foundation Group LLC
  • James M. Kilts, Partner, Centerview Capital Holdings; former CEO, Gillette Co.
  • James M. Lapeyre, President, Laitram LLC

Baron Bond is an executive at The Foundation Group, a real estate management, investment, and development company based in Baltimore. Prior to working in real estate development, Mr. Bond practiced corporate and real estate law in New York City at the premier law firms of White & Case and Skadden, Arps. He is a trustee of the Reason Foundation.

James M. Kilts is a Founding Partner of Centerview Capital, a private equity firm. Mr. Kilts served as Chairman of the Board, President and Chief Executive Officer of The Gillette Company from 2001 until it merged with P&G in October 2005; at that time he became Vice Chairman of the Board of The Procter & Gamble Company. Prior to that, he served as CEO at the Nabisco Company, and held senior positions with the Worldwide Food Group of Phillip Morris, Kraft and General Foods Corporation.

James M. Lapeyre is President of Laitram, LLC. Laitram is a global manufacturer of plastic conveyor belting, shrimp processing equipment, and space-saving stairs. He is Board Chair of ION Geophysical, a NYSE company that provides seismic technology services and solutions to the global energy industry. Mr. Lapeyre is the immediate past chair of the Tulane Board of Administrators, a member of the A. B. Freeman Business School Council, and board chair of The Atlas Society.