Mr. Batchelder is a Founder, Principal, and member of Relational Investors’ Investment Committee. He has over 25 years of financial management, mergers, and acquisitions experience. Mr. Batchelder has served as chairman of one public company, Mac Frugal’s Bargains•Close-Outs Inc., and as a director of ten others: Allwaste, Inc., Apria Healthcare Group Inc., ConAgra Foods, Inc., Intuit Inc., The Home Depot, Inc., ICN Pharmaceuticals, Inc., Mesa, Inc., Nuevo Energy Company, Santa Fe Pacific Gold Corporation, and Washington Group International, Inc. Five of these public companies were in the Fortune 500 during his service. He remains a director of The Home Depot, Inc. and Intuit Inc.
Mr. Batchelder’s experience as a board member of several public and private companies provided him a direct insight into corporate management and board dynamics. His perspective proves extremely valuable to Relational’s strategy of assisting portfolio companies' managements improve performance and unlock value.
From 1988 to 2005, Mr. Batchelder was also a Principal of Relational Advisors LLC, a financial advisory and investment banking firm, which he founded. He built the firm into a nationally recognized source of expertise for mergers, acquisitions, private financings, and shareholder matters.
Prior to founding Relational Advisors and Relational Investors, Mr. Batchelder held various executive positions with Mesa Petroleum Co. from 1978 to 1988, and in 1986 he was named President and Chief Operating Officer. He also served on Mesa’s board of directors from 1984 to 1987. During his affiliation with Mesa, Mr. Batchelder led the team responsible for Mesa’s investments, acquisitions, and financing activities. Prior to his affiliation with Mesa Petroleum Co., Mr. Batchelder was an Audit Manager with Deloitte & Touche LLP.
A 1971 graduate of Oklahoma State University, Mr. Batchelder holds a bachelor’s degree in accounting.more » « less