Martin M. Ellen


Retired Chief Financial Officer and Executive Vice President,
Dr Pepper Snapple Group, Inc.

Independent Director since 2013


  • Audit (Chair)


  • Chief Financial Officer and Executive Vice President, Dr Pepper Snapple Group, Inc. (NYSE: DPS) (2010-2018)
  • Chief Financial Officer and Senior Vice President – Finance, Snap-on Inc. (NYSE: SNAP) (2002-2010)
  • Vice President and Chief Financial Officer, Cabot Microelectronics Corporation (NTSE: CBT) (2001-2002)
  • Senior Vice President and Chief Financial Officer, Whitman Corporation (NYSE: PAS) (1998-2001)
  • Chief Financial Officer of two Caremark divisions (Home Healthcare and Physician Practice Management) (1992-1998)
  • Chief Financial Officer, Sun Electric Corp. (1988-1992)
  • Chief Financial Officer, D&K Financial Corp. (1984-1988)
  • Senior Audit Manager, Price Waterhouse (1975-1984)

Qualifications and Expertise Provided to Our Board

  • Rigorous accounting, tax, treasury, audit, information technology and business development experience and knowledge gained from over 30 years serving as chief financial officer with public and private companies and prior experience with a major public accounting firm
  • As Chief Financial Officer, extensive executive, leadership and operational experience in strategic planning, risk oversight, executive compensation, lean and six sigma process improvement methodologies and environmental, social and governance issues
  • Very extensive M&A and business development experience gained through principal involvement in over $40 billion of acquisitions and divestitures internationally

Other Boards

  • Boys and Girls Clubs of Greater Dallas, Chair of Finance Committee

Education and Certifications

  • B.S., Accounting, University of Illinois Urbana-Champaign
  • M.B.A., J.L. Kellogg Graduate School of Business, Northwestern University
  • Certified Public Accountant
  • Instructor, Business Leadership Center, Southern Methodist University, Cox School of Business

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