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Dr. McCarthy is also Chairman of Exponent Science and Technology Consulting Co., Ltd. (Hangzhou), a wholly owned subsidiary of Exponent, Inc., which he founded in 2005 to expand Exponent's services to China. Founded in 1967 as Failure Analysis Associates, Inc. (FaAA), Exponent is now the largest engineering and scientific firm in the United States dedicated primarily to the analysis and prevention of failures of an engineering or scientific nature. Exponent maintains 21 offices in the U.S. and four overseas, and employs approximately 750 full-time staff, including more than 500 degreed professionals, of whom over 300 hold doctorates in their fields. Dr. McCarthy also serves on the Board of Shui on Land (SOL), Ltd., which is publicly traded (stock code 0272) on the Hong Kong Exchange. SOL won the Hong Kong Corporate Governance Excellence Award in 2007.
Dr. McCarthy joined Exponent (then FaAA) in 1978. He became a Director and Vice-President in 1980, and President and Chief Executive Officer in 1982, a position he held until 1996, and Chairman of the Board in 1986, a position he held until 2005. In 1989, Dr. McCarthy reincorporated Failure Analysis Associates, Inc. in Delaware as The Failure Group, Inc. In 1990, Dr. McCarthy took The Failure Group, Inc. public on the NASDAQ exchange. Also in 1990, Dr. McCarthy formed Failure Analysis B.V. in the Netherlands to expand Exponent's operations to Europe. In 1998, The Failure Group, Inc. changed its name to Exponent, Inc.
Dr. McCarthy holds five academic degrees: an Arts Bachelor (A.B.) in Philosophy and a Bachelor of Science in Mechanical Engineering (B.S.E. M.E.), both from the University of Michigan; and an S.M. degree in Mechanical Engineering, the professional degree of Mechanical Engineer (Mech.E.), and a Ph.D. in Mechanical Engineering, all from the Massachusetts Institute of Technology (MIT). He graduated from the University of Michigan Phi Beta Kappa, summa cum laude, the Outstanding Undergraduate in Mechanical Engineering in 1972, and a National Science Foundation Fellow. Dr. McCarthy is one of the 150 mechanical engineers elected to the National Academy of Engineering. He specializes in mechanical, machine, and mechanism design, including issues related to fabrication and manufacturing, warnings, risk analysis, and hazards evaluation.
Dr. McCarthy is a Registered Mechanical Engineer in the states of California, Arizona, Ohio, and Georgia. He was a commissioned officer in the U.S. Army Ordnance Corps, trained at Aberdeen Proving Ground, and was honorably discharged as a Captain in 1980. He has written scores of scientific papers and currently serves on the Visiting Committee of MIT's Mechanical Engineering Department, and on the External Advisory Boards of the Department of Mechanical Engineering at the University of Michigan, and the Department of Materials Science & Engineering Advisory Group at Stanford University. He was formerly Chairman of the Safety Engineering and Risk Analysis Division of the American Society of Mechanical Engineers (ASME) and served on the ASME's Board of Safety Codes and Standards from 1998-2008. Dr. McCarthy is a former member of the Army Science Board.
Dr. McCarthy has personally participated in investigating many of the major disasters of modern times, including the loss of the Amoco Cadiz, the collapse of the Kansas City Hyatt walkways, the grounding of the Exxon Valdez, and the bombing of the Murrah Federal Building in Oklahoma City. In 1996, Dr. McCarthy testified for multiple days in the second Menendez brothers murder trial, which resulted in their conviction, on the murder reconstruction he performed for the prosecution.
Dr. McCarthy was awarded the Outstanding Civilian Service Gold Medal by the U.S. Army in 1998, and the University of Michigan's Department of Mechanical Engineering Alumni Society Merit Award in 1994. In 1992, President Bush appointed Dr. McCarthy to a two-year term on the President's Commission on the National Medal of Science.
Dr. McCarthy served on the Board of the Tech Museum of Innovation from 1991-1994, and has served on the Board of the MIT Club of Northern California from 1995-2008. |
