LSB Industries, Inc. Appoints Damien Renwick as Chief Commercial Officer
January 11 2021 - 4:05PM
Business Wire
LSB Industries, Inc. (NYSE:LXU) (“LSB” or the “Company”) today
announced that Damien Renwick has joined the company as Chief
Commercial Officer, effective January 11, 2021. This newly created
position is intended to lead all of LSB’s commercial activities,
including sales and marketing, logistics and customer service.
“We are very pleased that Damien has joined our senior
leadership team as our Chief Commercial Officer,” stated Mark
Behrman, LSB’s President and CEO. “Broadening our distribution and
optimizing our production capacity through aggressive sales and
marketing programs and other strategic opportunities are key
elements of our growth plans. Damien’s extensive experience makes
him highly qualified to assist us in achieving our goals of
increasing profitability and shareholder value in the quarters and
years to come. On behalf of our Board, I’d like to welcome Damien
to LSB.”
About Damien Renwick
Damien has more than 17 years of experience in the chemical
industry, most recently with Houston-based Cyanco, the largest
producer and distributor of sodium cyanide in the world, where he
was President of Cyanco International from 2017 to 2019 and held
the additional position of Chief Commercial Officer from 2018 to
2019. From 2003 to 2016 he was with Perth, Australia-based
Wesfarmers Limited, where he held various positions of increasing
responsibility in the Chemicals, Energy and Fertilizers division,
including Director and General Manager of Australian Gold Reagents,
a joint venture global producer and distributor of sodium cyanide,
from 2012 and 2016, and as Commercial Manager, Ammonium Nitrate
from 2007 to 2012.
Damien began his career with Arthur Andersen, in the firm’s
Perth, Australia office, where from 1999 to 2002 he worked as a
senior business consultant advising clients on IT strategy,
enterprise-wide business technology solutions and business process
re-engineering and ERP implementation.
Damien holds a Bachelor of Engineering and a Bachelor of
Commerce from the University of Western Australia.
About LSB Industries, Inc.
LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma,
manufactures and sells chemical products for the agricultural,
mining, and industrial markets. The Company owns and operates
facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor,
Oklahoma, and operates a facility for a global chemical company in
Baytown, Texas. LSB’s products are sold through distributors and
directly to end customers primarily throughout the United States.
Additional information about the Company can be found on its
website at www.lsbindustries.com.
Forward-Looking Statements
Statements in this release that are not historical are
forward-looking statements within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking
statements, which are subject to known and unknown risks,
uncertainties and assumptions about us, may include projections of
our future financial performance including the effects of the
COVID-19 pandemic and anticipated performance based on our growth
and other strategies and anticipated trends in our business. These
statements are only predictions based on our current expectations
and projections about future events. There are important factors
that could cause our actual results, level of activity, performance
or actual achievements to differ materially from the results, level
of activity, performance or anticipated achievements expressed or
implied by the forward-looking statements. Significant risks and
uncertainties may relate to, but are not limited to, business and
market disruptions related to the COVID-19 pandemic, market
conditions and price volatility for our products and feedstocks, as
well as global and regional economic downturns, including as a
result of the COVID-19 pandemic, that adversely affect the demand
for our end-use products; disruptions in production at our
manufacturing facilities; and other financial, economic,
competitive, environmental, political, legal and regulatory
factors. These and other risk factors are discussed in the
Company’s filings with the Securities and Exchange Commission
(SEC).
Moreover, we operate in a very competitive and rapidly changing
environment. New risks and uncertainties emerge from time to time,
and it is not possible for our management to predict all risks and
uncertainties, nor can management assess the impact of all factors
on our business or the extent to which any factor, or combination
of factors, may cause actual results to differ materially from
those contained in any forward-looking statements. Although we
believe the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results,
level of activity, performance or achievements. Neither we nor any
other person assumes responsibility for the accuracy or
completeness of any of these forward-looking statements. You should
not rely upon forward-looking statements as predictions of future
events. Unless otherwise required by applicable laws, we undertake
no obligation to update or revise any forward-looking statements,
whether because of new information or future developments.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210111005081/en/
Company: Mark Behrman, President & CEO Cheryl
Maguire, Executive Vice President & CFO (405) 235-4546
Investor Contact: The Equity Group Inc. Fred Buonocore,
CFA (212) 836-9607 Mike Gaudreau (212) 836-9620
LSB Industries (NYSE:LXU)
Historical Stock Chart
From Mar 2024 to Apr 2024
LSB Industries (NYSE:LXU)
Historical Stock Chart
From Apr 2023 to Apr 2024