CHLAPATY, Joseph A.

CHLAPATY, Joseph. Before joining Advanced Drainage Systems, Joseph Chlapaty served as Corporate Accounting Manager, Assistant Treasurer, and Treasurer for Lindberg Corporation and prior to that was with Arthur Andersen LLP. Chlapaty joined Advanced Drainage Systems in 1980 and served as Chairman of the Board since 2008, Chief Executive Officer since 2004 and President since 1994. From 1980 to 1994, Mr. Chlapaty served as the company's Vice President and Chief Financial Officer. (1)

Founded in 1966, the Advanced Drainage Systems (ADS) in 2019 operated a global network of 63 manufacturing plants and 31 distribution centers. It was the leading manufacturer of high performance thermoplastic corrugated pipe, providing a comprehensive choice of water management products and superior drainage solutions for use in the construction and infrastructure marketplace. Its products were used across a broad range of end markets and applications, including non-residential, residential, agriculture and infrastructure applications. The Company established a leading position in many of these end markets by leveraging its national sales and distribution platform, its overall product breadth and scale and its manufacturing excellence. (2)

Mr. Chlapaty served on the advisory board to Fifth Third Bank of Columbus, and was also a member or former member of several not-for-profit boards, including Nationwide Children’s Hospital, KIPP Journey Academy, Ohio Foundation of Independent Colleges, the UNIVERSITY OF DUBUQUE and Marietta College. Mr. Chlapaty held a bachelor’s degree in Business Administration from the University of Dubuque in 1968and an MBA from DePaul University. (3)

The financial status of the university was enhanced in February 1994 by a $1.2 million gift he made to the university. The focus of the gift was $700,000 for the expansion and improvement of such outdoor athletic facilities as Chalmers Field. (4) In 2011 university officials announced that Joseph Chlapaty and his wife Linda had donated more than $6 million to be used to support the establishment of endowed academic chairs for the undergraduate college in chemistry, mathematics, economics, and the seminary. A summer research fellowship in science and mathematics was also created in the undergraduate college. (5)

In 2019 the Joseph and Linda Chlapaty Summer Fellowship was in its eighth year. The competitive fellowship helped prepare talented undergraduate students across all disciplines for graduate or professional school. The fellowship provided students the opportunity to engage in tailored scholarly activities to position them to succeed in graduate and professional schools. Modeled after a cohort graduate school model, the students worked collectively to prepare for entrance exams, build professional connections, and conduct research projects in conjunction with dedicated faculty advisors. Fellows committed to 40 hours a week for 10 weeks during the summer on their projects. They received a stipend of $4,500 and an additional $500 for research supplies or travel costs associated with the project. (6)

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Source:

1. "Joseph Chlapty Announces Intention to Retire as CEO of ADS," Business Wire, March 7, 2017, Online: https://www.businesswire.com/news/home/20170307006349/en/Joseph-Chlapaty-Announces-Intention-Retire-CEO-ADS

2. Ibid.

3. Ibid.

4. Krapfl, Mike. "UD Leader: Donation a Sign," Telegraph Herald, February 8, 1994, p. 1

5. "Another Chlapaty Gift to UD: $6 Million," Telegraph Herald, October 22, 2011, p. 1A

5. "2019 Chlapaty Fellows to Conduct Research," University of Dubuque, May 29, 2019, Online: https://www.dbq.edu/NewsandEvents/NewsArchive/2018-19/2019-Chlapaty-Fellows-to-Conduct-Research.cfm