Mary Beth Gustafsson is senior vice president, general counsel and secretary of Trane (formerly American Standard Companies, Inc.). She joined the company in September 2001.

Prior to assuming her current position, Mary Beth served as chief counsel the company's $5 billion commercial and residential air conditioning systems business worldwide. Previously, she was chief corporate counsel with responsibility for corporate legal activities, including acquisitions, joint ventures and alliances, financing transactions, corporate governance and public company regulation.

Prior to joining Trane/American Standard, Mary Beth spent five years with Honeywell (formerly AlliedSignal) where she held positions of increasing responsibility including chief mergers and acquisitions counsel and chief counsel to Honeywell's $1 billion electronic materials business. From 1989 to 1996, Mary Beth was associated with the New York law firm of Hughes Hubbard and Reed, where she focused on mergers and acquisitions and securities transactions.

Mary Beth has a bachelor's degree in English Literature from Boston University, and a Juris Doctor degree from The University of Michigan Law School.