Market Overview

KMG President and CEO Neal Butler to Resign

The Board of Directors of KMG Chemicals, Inc. (NYSE: KMG), a global
provider of specialty chemicals to select markets, announced today that
J. Neal Butler, current president and chief executive officer, has
decided to resign as an officer and director of the company, effective
July 10. Christopher T. Fraser, chairman of KMG's board of directors,
has been appointed interim president and CEO to lead the company until a
successor is in place.

Executive recruitment firm Russell Reynolds, as a part of its ongoing
service to KMG, is assisting the board in the CEO search, a process
which is expected to be completed expeditiously. Fraser has removed
himself as a candidate

See full press release

Posted-In: News Guidance Contracts Management Global

 

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