Healthcare >> CEO Interviews >> March 3, 2000

Tod Hamachek – Penwest Pharmaceuticals Co (ppco)

TOD R. HAMACHEK was named Chairman and CEO of Penwest Pharmaceuticals Co. in October 1997. Prior to the spinoff of Penwest Pharmaceuticals from Penford Corporation, Ltd., he was President and CEO of Penford. Previously, he was Senior Vice President of the manufacturing group of Univar Corporation, Penwest's parent at that time. Penwest was spun off from Univar in 1984. From 1979 to 1984 he was President and CEO of Great Western Malting Co., a Univar subsidiary, where he also served as Vice President, Sales and Assistant to the President. He began his professional career in 1970 at the Harris Corporation, Westerly, Rhode Island, and was National Sales Manager when he left to join Great Western in 1974. Mr. Hamachek earned his BA degree at Williams College and his MBA from the Harvard Business School. He is a member of the Boards of Directors of Northwest Natural Gas Company, The Seattle Times Co. and the Blethen Corporation (the majority owner of The Seattle Times). He is a Trustee of Williams College and The National Peace Garden Foundation. He is past Director of First Interstate Bank of Washington and DEKALB Genetics Corporation; past Trustee of Lewis & Clark College, the Nature Conservancy ' Washington Chapter, Pacific Science Center, and the Pacific Northwest Arts and Crafts Association; past Chairman of the Board of Trustees of The Pacific Crest Outward Bound School; and past Trustee of Outward Bound, Inc. Mr. Hamachek is married and resides in Connecticut. Profile
TWST: Could you begin by giving us a brief overview of Penwest

Pharmaceuticals?

Mr. Hamachek: Penwest Pharmaceuticals was created in 1998 as a spin-off

from the Penford Corporation. Penford is