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CHICAGO, March 12, 2021 (Globe NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC) declared that the Board of Administrators appointed Matthew J. Daley as Vice President, Company Controller helpful March 10, 2021. Mr. Daley will report immediately to Susan M. Kreh, Oil-Dri’s Chief Economic Officer. Mr. Daley will suppose obligation for taking care of all the company accounting and economic reporting features across the business.
“We are happy to welcome Matt to our Oil-Dri crew,” explained Daniel S. Jaffee, Main Executive Officer. “Matt is a seasoned finance and accounting government with over 28 yrs of working experience. With a job in the two domestic and intercontinental businesses, I believe that he will engage in an integral element in our company’s growth and achievements.”
Mr. Daley was earlier with Johnson Controls, Inc. in which he most lately served as Vice President, Group Controller of the Electrical power Options enterprise from 2018 to 2019 and as Main Monetary Officer, Asia Pacific from 2017 to 2018. He held numerous other finance and accounting leadership positions within Johnson Controls from 2002-2017. Prior to this, Mr. Daley worked in finance and accounting administration roles at Federal Mogul Corporation, PricewaterhouseCoopers, LLP and United Household Wellness Solutions, Inc. He attained his bachelor’s degree in business enterprise administration, with an emphasis in accounting from Wayne State University and is a Licensed General public Accountant.
Mr. Daley will changeover to his new role with the support of Paula Krystopolski, Oil-Dri’s recent Vice President, Company Controller who will be retiring on March 31, 2021. Ms. Krystopolski has been with the Enterprise for in excess of 20 decades and served in many leadership positions which include Supervisor, Monetary Reporting, Company Accounting Manager, and Assistant Controller. All through her tenure, she was instrumental in leading her staff by two acquisitions and the implementation of the Sarbanes-Oxley Act. Her extensive get the job done on the multi-year implementation of the Company’s Organization Resource Scheduling system drastically contributed to the achievement of the job and its prolonged-lasting effect on the business enterprise.
Daniel S. Jaffee commented, “We have been extremely fortunate to have Paula be a very important element of our corporate accounting crew for the final two decades. She is a dedicated, faithful teammate who exemplifies every a person of our company values. She has established to be an priceless resource to me, her co-personnel, the Board of Administrators, the Audit Committee and the Pension Committee. I would like to increase my deepest gratitude to Paula for her dedication to our corporation, and I wish her all the greatest in her retirement.”
On March 10, 2021, the Board of Administrators also declared quarterly funds dividends of $.26 per share of the Company’s Frequent Inventory and $.195 per share of the Company’s Course B Stock.
The dividends declared will be payable on May well 28, 2021 to stockholders of document at the close of small business on May possibly 14, 2021. The Corporation has paid out cash dividends continuously because 1974 and has increased dividends yearly for seventeen consecutive yrs.
The Business expects to release earnings for its third quarter of fiscal 2021 after the close of the U.S. inventory marketplace on Tuesday, June 8, 2021 and to host an Investor Teleconference on Wednesday, June 9, 2021. Teleconference participation facts will be communicated via world wide web alert and posted on the Functions web page of the Company’s web-site around one particular 7 days prior to the call.
Oil-Dri Company of The united states is a primary manufacturer and supplier of specialty sorbent products for the pet treatment, animal well being and nourishment, fluids purification, agricultural components, sports industry, industrial and automotive markets. Oil-Dri is vertically built-in which permits the Corporation to proficiently oversee every single phase of the approach from exploration and development to supply chain to advertising and marketing and product sales. With 80 yrs of encounter, the Business proceeds to fulfill its mission to Generate Value from Sorbent Minerals. To discover far more about the Firm, take a look at oildri.com.
Leslie A. GarberInvestor Relations Supervisor[email protected] (312) 321-1515
| Classification: | Dividends |
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Source: Oil-Dri Company Of The usa
