Tom Testwuide has been chairman of the board of directors at Plymouth Foam Inc. since its inception in 1998. He accepted the additional title of CEO in early 2005 after the deaths of its president and vice president in an airplane crash. The management succession plan that he helped to draft, and then implement, allowed the firm to carry on successfully despite this tragedy.
Testwuide successfully grew a small Midwest grain-processing business into a multinational organization with joint-venture operations in Canada and China, eventually selling his enterprise to Cargill Inc. in 1999. In addition to serving on Plymouth Foam's board, Testwuide serves on numerous boards in Wisconsin, Florida and Canada. He has a keen interest in seeing small businesses develop, grow and prosper.
Plymouth is a national provider of expanded-polystyrene-foam building products and of rigid and soft protective foam packaging with manufacturing locations in Wisconsin, Ohio and Minnesota. The Plymouth, Wis.-based firm consists of five divisions: Protective Packaging; OEM (component product and system manufacturing); Building Products Wholesale; Building Products Retail; and PaceMaker Building Systems.
Testwuide has a bachelor's degree from Marquette University in Milwaukee and received the Wisconsin Manufacturer of the Year Grand Award in 1994. In 1996 his company received the Nanjing Outstanding Foreign Investment Award in Nanjing China. He and his wife, Wendy, reside in Sarasota, Fla., where he is a founder and director of the First Priority Bank in Bradenton. He also is involved in various commercial Florida real estate projects.