LSB Industries, Inc. Appoints Richard Sanders Interim Executive Vice President, Chemical Manufacturing
Mr. Sanders said, “Having been a Director of the Board since 2014, I am honored to take on this additional responsibility and join LSB’s leadership team in this transformative period. I look forward to working with the management team and talented employees to continue to execute on our strategies and improve our chemical manufacturing capabilities.”
“Richard is recognized as a leading expert on nitrogen manufacturing and
an outstanding addition to our executive management team,” commented
Additionally, LSB announced the resignations of
Mr. Greenwell continued, “The Board and I would like to thank David and Michael for their years of service to LSB. We are grateful for their leadership and contributions and wish them the best in their future endeavors.”
With Mr. Sanders’ appointment, the Company has suspended its previously announced search for a President of the Chemical Business.
Mr. Sanders has been a Director of the LSB Board since 2014. Mr. Sanders
is a nitrogen fertilizer manufacturing consultant and is recognized as
an expert in his field. Previously, he served as Vice President of
LSB is a manufacturing and marketing company. LSB’s principal business activities consist of the manufacture and sale of chemical products for the agricultural, mining, and industrial markets, and the manufacture and sale of commercial and residential climate control products, such as water source and geothermal heat pumps, hydronic fan coils, modular chillers, large custom air handlers and make-up air units.
Forward Looking Statement
This press release includes certain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements generally are identified by use of the
words “will”, “believes”, “expects”, “estimates”, “intends”,
“anticipates”, “plans to”, “should”, “estimates”, “projects”, or similar
expressions, including, without limitation, continuing to execute on our
strategies and improving our chemical manufacturing capabilities;
improving the reliability and profitability of our chemical facilities;
and positioning our Chemical Business for growth and the various factors
described in the “Special Note Regarding Forward-Looking Statements,”
and the “Risk Factors” contained in our 10-K for the year ended
LSB Industries, Inc.
Mark Behrman, (405) 235-4546
Chief Financial Officer
The Equity Group Inc.
Fred Buonocore, (212) 836-9607
Linda Latman, (212) 836-9609