PQ Group Holdings Announces Planned Chief Financial Officer Transition
23 Marzo 2021 - 11:15AM
Business Wire
PQ Group Holdings Inc. (NYSE:PQG), a leading integrated and
innovative global provider of specialty catalysts, chemicals and
services, today announced that Executive Vice President and Chief
Financial Officer Michael Crews plans to retire in September 2021
and that he will be replaced by Michael Feehan, the Company’s
current Vice President of Finance and Treasurer.
“With the completed divestiture of PQ’s Performance Materials
business and the recently announced agreement to sell our
Performance Chemicals segment, it is a logical time for me to step
back,” said Mr. Crews. “I am proud of our financial performance and
numerous other accomplishments that have occurred during my past
five years at PQ, including our IPO, continuing debt reduction and
capital returned to stockholders through a special dividend.”
“I want to thank Mike Crews for his hard and thoughtful work and
his many contributions to the company’s success. I wish Mike all
the best in the future,” said Belgacem Chariag, PQ’s Chairman,
President and Chief Executive Officer. “At the same time, I am
confident that Mike Feehan will bring high-caliber skill and
professionalism to his new role, building on his long and
successful experience. The rest of the management team and I look
forward to continue working with him to further advance PQ and
create additional value for its stockholders.”
Mr. Crews will work on an orderly transition of his duties to
Mr. Feehan over the next six months.
Mr. Feehan, 45, first joined PQ in December 2006 and he has
served as Vice President of Finance and Treasurer since May 2016.
From 2006 to 2008, he served as Assistant Controller and from 2008
to 2016 he served as Corporate Controller. He holds a Bachelor of
Business Administration degree from the University of Notre Dame
and a Master of Business Administration degree from Villanova
University. Prior to joining PQ, Mr. Feehan served as Director of
Finance and Corporate Controller for Radnor Holdings Corporation
and began his career in public accounting with Arthur Andersen and
KPMG.
Investor Contact: Nahla A. Azmy (610) 651-4561
Nahla.Azmy@pqcorp.com
About PQ Group Holdings Inc.
PQ Group Holdings Inc. is a leading integrated and innovative
global provider of specialty catalysts, chemicals and services. We
support customers globally through our strategically located
network of manufacturing facilities. We believe that our products,
which are predominantly inorganic, and services contribute to
improving the sustainability of the environment. We have three
uniquely positioned specialty businesses: Refining Services
provides sulfuric acid recycling to the North American refining
industry; Catalysts serves the packaging and engineering
plastics and the global refining, petrochemical and emissions
control industries; and Performance Chemicals supplies
diverse product end uses, including personal and industrial
cleaning products, fuel efficient tires, surface coatings, and food
and beverage products. For more information, see our website at
https://www.pqcorp.com.
Forward Looking Statements:
Certain statements in this press release are forward-looking
statements. Such statements involve a number of risks,
uncertainties and other factors which could cause actual results to
differ materially.
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version on businesswire.com: https://www.businesswire.com/news/home/20210323005335/en/
Investor Contact: Nahla A. Azmy (610) 651-4561
Nahla.Azmy@pqcorp.com
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