KMG President and CEO Neal Butler to Resign

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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

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