Todd Graf Appointed Vice President and General Manager of
ClimateMaster
Stephen Rendon Named Vice President and General Manager of
International Environmental Corporation
OKLAHOMA CITY--(BUSINESS WIRE)--Apr. 18, 2016--
LSB Industries, Inc. (NYSE:LXU) (“LSB or “the Company”) today announced
that Richard Aldridge has been appointed Chief Operating Office of the
Company’s Climate Control Business. In his new role, Mr. Aldridge will
assume executive management responsibility of LSB’s Climate Control
Business. Mr. Aldridge previously served as President of LSB’s
ClimateMaster, Inc. (“ClimateMaster”) subsidiary and before that was
Vice President of Operations for the Climate Control Business.
Dan Greenwell, LSB’s President and CEO, stated, “Since joining LSB in
2012, Rick has demonstrated leadership in driving positive changes that
have improved safety, quality and reliability, as well as reduced costs
and increased customer satisfaction for our Climate Control Businesses.
He has been successful in formulating new product development and
marketing strategies, assessing and developing resources, and improving
operational efficiency to reinforce the Climate Control businesses brand
equity within the HVACR industry. We are pleased that Rick is now
assuming day-to-day leadership for the Climate Control Business and look
forward to benefitting from his knowledge, leadership and experience.”
Over the 25 years prior to joining LSB, Mr. Aldridge built his
capabilities in senior leadership and general management in positions of
increasing responsibility at world class companies such as Trane,
American Standard, General Electric (NYSE: GE) and Ingersoll-Rand (NYSE:
IR) where he led organizational transformations and significant business
process improvements in sales, marketing, engineering, operations and
quality assurance. At GE he earned certification as a Lean Six Sigma
Master Black Belt and reliability practitioner.
Mr. Aldridge’s previous position will be filled by Todd Graf, who has
been appointed Vice President and General Manager of ClimateMaster. Mr.
Graf will assume executive management responsibility and will lead all
business activities of ClimateMaster including the continued advancement
of improvements in operations, product development and sales
effectiveness. Mr. Graf brings more than 25 years of leadership and
general management experience in industrial manufacturing businesses
including at Xylem, Trane and Ingersoll-Rand. In his most recent
position as Director of Operations at Xylem, he successfully
strengthened safety, quality, delivery, and productivity performance
while growing revenue every year.
Additionally, Stephen Rendon has been appointed Vice President and
General Manager of International Environmental Corporation (“IEC”). In
this capacity, Mr. Rendon will be responsible for the oversight and
strategy formation for manufacturing operations, product development,
and sales and marketing of IEC. Mr. Rendon previously served as
President of two of LSB’s Climate Control businesses; ThermaClime
Technologies and Koax Corp. While at ThermaClime Technologies he
successfully developed a Lean oriented learning organization focused on
continuous improvement in many areas including safety and ergonomics and
improved inventory efficiency. Mr. Rendon has more than 30 years of
operations and global marketing leadership experience in industrial
manufacturing businesses producing electric motors, electronic and
electro-mechanical controls and heat exchangers for the HVAC industry.
About LSB Industries, Inc.
LSB is a manufacturing 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, the completion of
construction of an ammonia plant, nitric acid plant and concentrator at
its chemical facility located in El Dorado, Arkansas, the expectations
that these projects will be completed on schedule and on budget, the
forecasting of a material increase in profitability, 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 December 31, 2015, our Quarterly Reports on Form 10-Q and our
Current Reports on Form 8-K. These forward looking statements speak only
as of the date of this press release, and LSB expressly disclaims any
obligation or undertaking to disseminate any updates or revisions to any
forward-looking statement contained herein to reflect any change in
LSB’s expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is based.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160418005150/en/
Source: LSB Industries, Inc.
For LSB Industries, Inc.
Company:
Mark Behrman, 405-235-4546
Chief
Financial Officer
or
Investor Relations:
The Equity Group
Inc.
Fred Buonocore, 212-836-9607
or
Linda Latman,
212-836-9609
