Executive Board + Back to List


The ATL executive board is a group of senior executives who have deep experience managing companies within the aerospace, transportation, and logistics sectors. They assist ATL portfolio companies with operational matters, evaluating the competitive industry landscape, and tailoring strategic plans to drive superior value creation.

Don DeFosset
Board Members
Michael Baughan
David Beatson
Miles Cowdry
Jerome Lorrain
Mike Taylor
Advisory Board Member
Robert S. "Steve" Miller

Don DeFosset

Don DeFosset is Chairman of the ATL Executive Board.  Prior to the formation of the ATL Fund, Mr. DeFosset was a MidOcean Executive Board member from 2009 to 2014. 

Prior to joining MidOcean, Mr. DeFosset served as Chairman, President and CEO of Walter Industries, a publicly traded entity in which KKR held a controlling position. Prior to Walter, he was Chief Operating Officer of Dura Automotive Systems.  Before Dura, Mr. DeFosset held various executive positions including Corporate Executive Vice President and Truck Group President of Chicago-based Navistar International Corporation, President of AlliedSignal’s Safety Restraint Systems Division and Executive Vice President of Operations of Mack Trucks.

Mr. DeFosset currently serves on the Boards of Directors of JF Acquisition LLC as Chairman, Rock-It Cargo as Chairman of the Audit Committee, ITT Corporation (NYSE:ITT), National Retail Properties (NYSE:NNN) as Chairman of the Governance & Nominating Committee, Regions Financial Corporation (NYSE:RF) as Chairman of the Compensation Committee and Terex Corporation (NYSE:TEX) as Chairman of the Governance & Nominating Committee. 

In addition, Mr. DeFosset is the Immediate Past Chairman of the Board of Trustees of the University of Tampa and previously served as Director of EnPro Industries. 

Mr. DeFosset has a BS from Purdue University and an MBA from Harvard Business School.

Michael Baughan

Michael B. Baughan joined the ATL Executive Board in 2015.  Mr. Baughan is Managing Partner of Osprey Capital, where he provides M&A and strategic advisory services in the aerospace and industrial manufacturing and services sectors.  Prior to the formation of the ATL Fund, Mr. Baughan was a MidOcean Executive Board member from 2011 to 2014.  He served as Chairman of Noranco Inc., a Tier I/II supplier of precision machined aerospace components and assemblies owned by MidOcean.

Mr. Baughan serves on several non-profit boards, including Novant Health, a $3.5 billion integrated healthcare system, where he is Chairman. 

From 2005 through 2010, Mr. Baughan served as President and Chief Operating Officer of B/E Aerospace, a publicly traded global supplier of aircraft cabin interior products and aerospace consumables.  Prior to that, he served as SVP/GM of the company's Commercial Aircraft Segment and Group VP/GM for Seating Products from 1994 to 2010.  During his years at B/E Aerospace, Mr. Baughan helped transform the company from a small, domestic manufacturer to a highly profitable global industry leader with annual revenues in excess of $2.5 billion and an enterprise value of over $5 billion. 

Earlier in his career, he served as President of AET Systems and in various roles at The Boston Company (American Express) and Dow Chemical.

Mr. Baughan earned a BA in Economics from the University of Virginia and an MBA from Harvard Business School.  He is an instrument rated pilot and lives in Winston-Salem, NC, with his wife and three sons.

David Beatson

David Beatson joined the ATL Executive Board in 2015.  From 2006 to 2014, Mr. Beatson was a Management Affiliate of MidOcean Partners. 

Mr. Beatson has over 39 years of transportation, freight forwarding, 3PL and supply chain industry experience. Previous positions include Chief Executive Officer of Emery Worldwide, Chairman and Chief Executive Officer of Circle International Group, Vice President at Cargo AMR and Chief Executive Officer at Panalpina, North America.  Mr. Beatson has extensive knowledge of domestic and international freight forwarding, customs brokerage, third party logistics, truckload, less-than-truck load, contract logistics, e-Commerce and omni-channel last mile fulfillment. 

He serves on the Boards of Directors of Pilot Freight Services, where he is Chairman; Rock-It Cargo; PFSweb (NASDAQ: PFSW), where he is Chairman of the Audit Committee and a member of the Compensation Committee; of Descartes Systems Group (NASDAQ: DSGX), where he is Chairman of the Nominating Committee and a member of the Audit and Compensation Committees; and two privately held companies, including T.A.G./Progistics, a technology-enabled e-Commerce last mile delivery company.

Mr. Beatson serves on the Dean’s Advisory Council of the Fisher School of Business at The Ohio State University and is active in local charitable foundations in the San Francisco Bay Area.  He has a BS in Business Administration from The Ohio State University and an MBA from the University of Cincinnati.

Miles Cowdry

Miles Cowdry joined the ATL Executive Board in April 2016. Prior to joining ATL, Mr. Cowdry had a 26-year career at Rolls-Royce (LSE:RR.) serving in a range of operational and strategic development leadership positions, retiring from the company as the Director of Corporate Development. Prior to that, Mr. Cowdry was President-Services of Rolls-Royce.

A recognized thought leader and innovator, Mr. Cowdry was the architect of the Rolls-Royce service strategy that drove the transformation of the aero-engine MRO industry. In 1999, he established Rolls-Royce’s data management and analytics business which today remains a world leader in the provision of equipment health monitoring and fleet management solutions.

Mr. Cowdry’s background is in finance, having spent ten years with Bankers Trust Company. He left Bankers Trust in 1990 to be part of the management team that established Rolls-Royce & Partners Finance and developed what is now the world’s largest engine leasing business.

Mr. Cowdry served on the Board of Directors of Sky Aviation Leasing International Limited until it was acquired.  Mr. Cowdry served on the Boards of Directors of HAESL and SAESL as Chairman.  Other past directorships include LG Fuel Systems, N3 Engine Overhaul Services and TAESL.

A U.S. resident, Mr. Cowdry was educated at Woodbridge School and Trinity College, Oxford where he read Philosophy, Politics and Economics.

Jerome Lorrain

Jerome J. P. Lorrain joined the ATL Executive Board in 2020. Mr. Lorrain has a decades-long career serving a variety of senior roles in the logistics and transportation industry across the U.S., Europe, Middle East, Africa and Asia. He most recently served as Chief Executive Officer of North America for CEVA Logistics where he led a $2.5 billion revenue business and directed a staff of more than 13,000 professionals.  Previously, Mr. Lorrain served as Chief Operating Officer of Freight Management for CEVA Logistics, where he oversaw air, ocean and ground freight activities worldwide.

Before joining CEVA Logistics, Mr. Lorrain served as Chief Executive Officer of Wallenborn Transports, a European transportation company headquartered in Luxembourg, from 2009 to 2014.  At Wallenborn, he led a strategic transformation of the company building multinational operations across 11 countries and more than tripling revenues under his leadership.  Prior to Wallenborn, he worked at Kuehne + Nagel for nearly a decade serving a variety of roles worldwide, including: Manager of Contract Logistics in Luxembourg from 2000 to 2005, General Manager of Contract Logistics in India from 2005 to 2007 where he built the operation from scratch into a well-established and profitable pan-Indian network and Managing Director of Thailand, Cambodia, Laos and Myanmar from 2007 to 2009 where he led a portion of Kuehne + Nagel’s Southeast Asia business.

Mr. Lorrain earned his Bachelor’s Degree in Mathematics, Chemistry and Biology from Lycee Fabert – Metz as well as a Technician Degree in Logistics and Transportation from University of Paris – Créteil and a Master’s Degree in Logistics from Ecole Superieure Internationale de Logistique – Metz. He currently lives in Houston, Texas with his wife and two daughters.

Mike Taylor

Mike Taylor joined the ATL Executive Board in 2015. From 2008 to 2014, Mr. Taylor advised MidOcean on the intermodal and rail sectors, including identification and sourcing of potential investments, as well as strategic and operational diligence.  Mr. Taylor is Founder and CEO of the Infinity Group.  Mr. Taylor’s career has been entirely in intermodal logistics, rail operations and rail services, port services, surface transportation equipment management and utilization and drayage. 

In 1991, Mr. Taylor acquired the assets of Santa Fe Railway's largest intermodal facility, located in Chicago and entered into a contract to provide intermodal services at the facility to Santa Fe.  That transaction led to the formation of the Infinity Group, which has expanded to include 27 ramp operations in 19 states handling over five million container lifts per year. 

Prior to founding the Infinity Group, Mr. Taylor was the Managing Director of API, the intermodal logistics subsidiary of American President Lines. 

Mr. Taylor previously served on the Board of Directors of Pilot Air Freight Holdings LLC. 

Mr. Taylor is an active member of the Intermodal Association of North America, the trade association for participants in all segments of the intermodal industry and received a BS in Engineering from Purdue University in 1969.  He was also a varsity football player at Purdue and was drafted by the Los Angeles Rams.

Robert S. "Steve" Miller

Steve Miller joined the ATL Executive Board as an Advisory Member in 2015 and joined the MidOcean Executive Board in 2009.

Mr. Miller has served as Chairman of the Board of Purdue Pharma, Inc. since July 1, 2018. Previously, he was President and CEO of International Automotive Components (“IAC”) from July 2015 until June 2018.  Headquartered in Luxembourg, IAC is a tier one supplier of interior components to the auto industry, with 50 factories and facilities located on all continents and over 20,000 employees.

He is widely recognized for his broad operational experience. During 2010-2015, Steve served as chairman of the board of American International Group (NYSE:  AIG), a global insurance conglomerate. 

During 2012-2013, he was CEO of Hawker Beechcraft, an airplane manufacturer located in Wichita, Kansas. Previously, he served as chairman and CEO of Delphi Corporation, a diversified global auto parts supplier during its restructuring from 2005 until 2009. 

In the 1980’s, Miller was Vice Chairman of Chrysler Corporation under Lee Iacocca. Since then, he has helped more than a dozen companies improve stakeholder value. 

Earlier in his career, he served as a director of numerous public companies. This includes Dow Chemical, Symantec, United Airlines, Reynolds Tobacco, Waste Management, and US Bank.  He is also a board member of Jackson Family Wines (Kendall-Jackson plus fifty other brands).

Miller was born and raised in Oregon. He earned his undergraduate degree in economics (1963) and his MBA (1968) at Stanford University; his law degree is from Harvard Law School (1966).