Ingevity announces changes to its Board of Directors
July 27 2022 - 6:00AM
Business Wire
Ingevity Corporation (NYSE:NGVT) today announced the election of
William Slocum and Shon Wright to the board of directors effective
July 25, 2022. The company also announced the retirement of
long-time member, Michael Fitzpatrick, from the board, effective
July 26, 2022.
A member of Ingevity’s Board of Directors since the company was
founded in 2016, Mr. Fitzpatrick served on the audit committee and
was the chair of the nominating, governance and sustainability
committee. Mr. Fitzpatrick is an executive advisor partner at Wind
Point Partners, Incorporated.
“On behalf of the entire board, I thank Mike for his years of
dedicated service,” said Jean Blackwell, chair of Ingevity’s board.
“His guidance has been instrumental in helping shape the direction
of Ingevity since its inception.”
Mr. Slocum is a partner at Inclusive Capital Partners, L.P., a
San Francisco-based investment firm that seeks to positively
leverage capitalism and governance in pursuit of a healthy planet
and the well-being of its inhabitants, and to provide long-term
shareholder value through active partnerships with companies. He
also serves as an independent director of Strategic Education, Inc.
Prior to joining Inclusive Capital, Mr. Slocum was a portfolio
manager at Golden Gate Capital, where he additionally served on
several board committees, and also held roles at ValueAct Capital
Management, Parthenon Capital Partners and Bain & Company.
Mr. Wright serves as an officer of Cummins Incorporated and
president of Cummins Turbo Technologies, a global power
technologies company and one of the world’s largest manufacturers
of commercial turbochargers servicing the commercial diesel market,
including in the automotive, power generation and marine sectors.
During his 18-year tenure at Cummins, Mr. Wright served in several
positions including an international assignment in South Africa as
plant manager, and leading the international purchasing offices in
India and China. Prior to joining Cummins, Mr. Wright was a
Chemical Engineer for British Petroleum.
“We’re excited to welcome two highly qualified and accomplished
individuals, who will add significant value, to our board of
directors,” said Blackwell. “The addition of Will and Shon will
enhance our board with their unique skills and perspectives.”
Slocum and Wright join seven other members of Ingevity’s board
of directors.
Ingevity: Purify, Protect and Enhance
Ingevity provides products and technologies that purify, protect
and enhance the world around us. Through a team of talented and
experienced people, we develop, manufacture and bring to market
solutions that help customers solve complex problems and make the
world more sustainable. We operate in two reporting segments:
Performance Chemicals, which includes specialty chemicals and
engineered polymers, and Performance Materials, which includes
high-performance activated carbon. These products are used in a
variety of demanding applications, including asphalt paving, oil
exploration and production, agrochemicals, adhesives, lubricants,
publication inks, coatings, elastomers, bioplastics and automotive
components that reduce gasoline vapor emissions. Headquartered in
North Charleston, South Carolina, Ingevity operates from 25
locations around the world and employs approximately 1,850 people.
The company is traded on the New York Stock Exchange (NYSE:NGVT).
For more information visit ingevity.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220727005087/en/
Caroline Monahan 843-740-2068 caroline.monahan@ingevity.com
Investors: John Nypaver 843-740-2002
investors@ingevity.com
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