WOMEN CEO REPORT

- UL Solutions

Jennifer F. Scanlon

UL Solutions, Inc.

Jennifer F. Scanlon is President and CEO of UL Solutions, having previously served as president, CEO and a director of USG Corporation, a 116-year-old innovative building products manufacturer and one of UL’s oldest clients. Over her 16-year career at USG, she led the company through some of its most significant strategic moves, including establishing the global joint venture, USG Boral Building Products, and divesting L&W Supply. In 2018, she negotiated the sale of USG to Knauf for $7 billion, which represented a 76 percent premium to the Company’s stock price compared to when Scanlon was named CEO. She is the first woman to serve as president and CEO of UL and sets the direction for the next generation of solutions for UL including building new offerings and opening new markets. She graduated from the University of Notre Dame with dual degrees in government and computer applications and holds an MBA in finance and marketing from the University of Chicago.

Year appointed: 2019