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Exponent

#2553

Rank

$5.72B

Marketcap

US United States

Country

Exponent
Leadership team

Dr. Catherine Ford Corrigan P.E., Ph.D. (Pres, CEO & Director)

Mr. Richard L. Schlenker Jr. (Exec. VP, CFO & Corp. Sec.)

Dr. Maureen T. F. Reitman Sc.D., F.S.P.E., P.E. (Corp. VP - Polymers Science & Materials Chemistry, Principal Engineer and Practice Director)

Products/ Services
Information Technology
Number of Employees
1,000 - 20,000
Headquarters
San Francisco, California, United States
Established
2018
Company Registration
SEC CIK number: 0000851520
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
EXPO
Social Media
Overview
Location
Summary
Exponent, Inc., together with its subsidiaries, operates as a science and engineering consulting company worldwide. It operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering. The Environmental and Health segment offers services in the areas of chemical regulation and food safety, ecological and biological sciences, environmental and earth sciences, and health sciences. The company offers approximately 90 technical disciplines to solve pressing and complicated challenges facing stakeholders. It serves clients in chemical, construction, consumer products, energy, food, beverage and nutrition, government, life sciences, insurance, manufacturing, technology, industrial equipment, transportation, and other sectors of the economy. The company was formerly known as The Failure Group, Inc. and changed its name to Exponent, Inc. in 1998. Exponent, Inc. was founded in 1967 and is headquartered in Menlo Park, California.
History

Founding and Leadership

Failure Analysis Associates was founded in April 1967 by then Stanford University professor Alan Stephen Tetelman along with his colleagues Bernard Ross, Marsh Pound, John Shyne and Sathya V. Hanagud with $500 in capital.At the time of FaAA's founding, Ross was also an engineering program manager at SRI International . While en route to the site of a Navy jet crash investigation, Tetelman was killed on September 25, 1978, in the PSA Flight 182 air crash over San Diego between a PSA jet liner and a private Cessna airplane that claimed the lives of 144 people. He was forty-two years old.Ross assumed the presidency of Failure Analysis Associates after the accident. Ross and the late Tetelman were featured in a documentary film about the company titled "What Went Wrong" made by the United States Information Service and distributed worldwide. Tetelman was a world-renowned expert in fracture mechanics and co-authored a textbook titled "The Principles of Engineering Materials" with Craig R. Barrett and Stanford professor, William D. Nix, published by Prentice-Hall in 1973.In 1982, Roger McCarthy assumed the leadership of FaAA, becoming chief executive officer in 1982 until 1996, and chairman of the board in 1986 until 2005. McCarthy joined FaAA in 1978 and became a director and vice-president in 1980.

In 2004, McCarthy was elected to the National Academy of Engineering.Michael R. Gaulke served as the chief executive officer of Exponent Inc. from June 1996 to May 28, 2009. He is currently chairman of the board of directors. Mr. Gaulke served as president of Exponent Inc. from March 1993 to May 22, 2007. Mr. Gaulke first joined Exponent Inc. in September 1992 and served as its executive vice president and chief financial officer.

In 2008, Oregon State University inducted Mr. Gaulke into its Engineering Hall of Fame.Paul R. Johnston was the chief executive officer at Exponent Inc. from May 28, 2009 – May 31, 2018. Johnston was president of Exponent Inc. from May 2007 until July 2016. Johnston joined Exponent in 1981 and served as its Principal Engineer since 1987 and vice president since 1996. Johnston has co-authored a book titled "Structural Dynamics by Finite Elements" published by Prentice-Hall in 1987. On May 31, 2018, Johnston stepped down from the position of chief executive officer to be an executive chairman.Catherine Corrigan was named president of Exponent, Inc. on July 29, 2016. Dr. Corrigan joined Exponent's Philadelphia office in 1996, was promoted to principal in 2002 and to corporate vice president in 2005. Corrigan was promoted to group vice president to lead the Transportation Group and joined the company's operating committee in 2012.On May 31, 2018, Corrigan was appointed to chief executive officer.

Incorporation

Failure Analysis Associates was founded as a partnership, incorporated in 1968 in California and reincorporated in Delaware as Failure Analysis Associates, Inc. in 1988.

In 1989, McCarthy reincorporated Failure Analysis Associates, Inc. in Delaware under a holding company, The Failure Group, Inc. and took The Failure Group, Inc. public in 1990. The company changed its name to Exponent, Inc. in 1998.

Mission
Our mission is to reduce risk and enhance safety through innovation, engineering, and scientific excellence.
Vision
Our vision is to be a trusted partner for clients worldwide in developing and deploying solutions that reduce risks and enhance safety.
Key Team

Dr. Steven J. Murray P.E., Ph.D. (Group VP & Principal Engineer)

Dr. Bernard Ross P.E., Ph.D. (Co-Founder, Chairman Emeritus & Principal Engineer)

Dr. Subbaiah V. Malladi P.E., Ph.D. (CTO & Principal Engineer)

Ms. Sally B. Shepard (Chief HR Officer)

Mr. Eric R. Anderson (VP & Corp. Controller)

Dr. Robert D. Caligiuri FASM, P.E., Ph.D. (Corp. VP of Materials & Corrosion Engineering and Principal Engineer)

Dr. Paul D. Boehm Ph.D. (Corp. VP of Environmental & Health Sciences and Principal Scientist)

Recognition and Awards
Exponent has been honored with numerous awards over the years, including the prestigious Malcolm Baldrige National Quality Award, the Thomas Alva Edison Patent Award, and the International Association of Geophysical Contractors Award of Excellence.
References
Exponent
Leadership team

Dr. Catherine Ford Corrigan P.E., Ph.D. (Pres, CEO & Director)

Mr. Richard L. Schlenker Jr. (Exec. VP, CFO & Corp. Sec.)

Dr. Maureen T. F. Reitman Sc.D., F.S.P.E., P.E. (Corp. VP - Polymers Science & Materials Chemistry, Principal Engineer and Practice Director)

Products/ Services
Information Technology
Number of Employees
1,000 - 20,000
Headquarters
San Francisco, California, United States
Established
2018
Company Registration
SEC CIK number: 0000851520
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
EXPO
Social Media