PQ Group Holdings Announces Planned Main Economical Officer Transition | Organization & Finance

MALVERN, Pa.–(Business enterprise WIRE)–Mar 23, 2021–

PQ Team Holdings Inc. (NYSE:PQG), a top integrated and revolutionary worldwide company of specialty catalysts, chemical compounds and solutions, today introduced that Govt Vice President and Chief Money Officer Michael Crews programs to retire in September 2021 and that he will be changed by Michael Feehan, the Company’s latest Vice President of Finance and Treasurer.

“With the concluded divestiture of PQ’s Efficiency Resources enterprise and the lately declared settlement to provide our General performance Chemical compounds phase, it is a logical time for me to phase again,” reported Mr. Crews. “I am happy of our money effectiveness and several other accomplishments that have occurred throughout my earlier five several years at PQ, such as our IPO, continuing debt reduction and cash returned to stockholders by a distinctive dividend.”

“I want to thank Mike Crews for his difficult and thoughtful work and his numerous contributions to the company’s results. I would like Mike all the ideal in the long run,” reported Belgacem Chariag, PQ’s Chairman, President and Chief Govt Officer. “At the identical time, I am confident that Mike Feehan will deliver higher-caliber skill and professionalism to his new job, making on his prolonged and successful expertise. The relaxation of the administration group and I search forward to go on working with him to further more advance PQ and build supplemental price for its stockholders.”

Mr. Crews will get the job done on an orderly transition of his responsibilities to Mr. Feehan over the subsequent 6 months.

Mr. Feehan, 45, initial joined PQ in December 2006 and he has served as Vice President of Finance and Treasurer given that May well 2016. From 2006 to 2008, he served as Assistant Controller and from 2008 to 2016 he served as Company Controller. He retains a Bachelor of Small business Administration degree from the College of Notre Dame and a Learn of Business Administration diploma from Villanova University. Prior to becoming a member of PQ, Mr. Feehan served as Director of Finance and Company Controller for Radnor Holdings Company and started his profession in community accounting with Arthur Andersen and KPMG.

About PQ Group Holdings Inc.

PQ Group Holdings Inc. is a major built-in and revolutionary international supplier of specialty catalysts, chemical substances and solutions. We guidance clients globally through our strategically situated network of manufacturing services. We think that our goods, which are predominantly inorganic, and expert services contribute to improving upon the sustainability of the environment. We have 3 uniquely positioned specialty businesses: Refining Expert services provides sulfuric acid recycling to the North American refining marketplace Catalysts serves the packaging and engineering plastics and the international refining, petrochemical and emissions command industries and Efficiency Chemical substances provides diverse merchandise finish employs, including own and industrial cleaning solutions, gas successful tires, area coatings, and meals and beverage products. For additional information, see our web page at https://www.pqcorp.com.

Ahead Seeking Statements:

Specified statements in this push release are forward-on the lookout statements. These types of statements involve a range of hazards, uncertainties and other factors which could result in genuine results to differ materially.

Contact: Investor Call:

Key phrase: UNITED STATES NORTH The united states PENNSYLVANIA

Industry Search term: Chemicals/PLASTICS OTHER Manufacturing Producing

Resource: PQ Team Holdings Inc.

Copyright Organization Wire 2021.

PUB: 03/23/2021 06:15 AM/DISC: 03/23/2021 06:15 AM

Copyright Business Wire 2021.