Koppers Announces Retirements of Leslie Hyde and Joseph Dowd

Rhea-AI Summary

Koppers Holdings Inc. (NYSE: KOP) announced the retirement of two senior leaders. Leslie Hyde, Senior Vice President and Chief Sustainability Officer, will retire on March 31, 2025, and Joseph Dowd, Global Vice President Zero Harm, will retire on February 28, 2025. Both will serve as Assistant to the CEO for transition.

Hyde's 25-year career included establishing environmental programs, developing risk management systems, and becoming the company's first Chief Sustainability Officer in 2020. Dowd, who joined in 2012, implemented significant safety initiatives including the Zero Harm Leadership Forum, training workshops, and Life Saving Rules, leading to record safety performance in 2024.

Positive

• Record safety performance achieved in 2024 under Dowd's leadership
• Successful implementation of comprehensive sustainability and safety programs

Negative

• None.

News Market Reaction

-2.84%

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-2.84% News Effect

On the day this news was published, KOP declined 2.84%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Congratulates Leaders of Sustainability and Zero Harm

PITTSBURGH, Dec. 9, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced the retirement of two senior leaders who, respectively, established sustainability and safety as central priorities of the company.  Leslie Hyde, Senior Vice President and Chief Sustainability Officer, will retire effective March 31, 2025, and Joseph Dowd, Global Vice President Zero Harm, will retire effective February 28, 2025.  Effective immediately, both will serve as Assistant to the CEO in order to help ensure a smooth transition.

Over the course of her 25-year career with Koppers, Hyde has held a number of key roles, encompassing legal, environmental, risk management, safety and health, product stewardship, and strategic planning.  Early in her tenure, Hyde built Koppers environmental programs, developed a global enterprise risk management system and implemented the compliance systems instrumental in achieving certifications for the ISO14001 standard and the Responsible Care Management System©.  In 2020, she became the company's first-ever Chief Sustainability Officer, applying her vast experience to develop a comprehensive sustainability program and reporting mechanism that made Koppers a nationally recognized leader in the space.

Dowd joined Koppers in 2012 as Vice President North American Carbon Materials and Chemicals, and subsequently became Vice President Global Safety, Health, Environmental and Process Excellence in 2016, followed by Global Vice President Zero Harm in 2020.  He has firmly established Zero Harm as a foundational principle at Koppers.  He introduced a Zero Harm Leadership Forum, dedicated to safety principles and practices, established in-person training workshops for employees at all operating locations, instituted Life Saving Rules, and deployed a new technology platform to track safety, health, and environmental metrics. Under Dowd's leadership, Koppers has experienced a step-change in safety with several years of all-time best performance, including 2024.

Koppers Chief Executive Officer Leroy Ball, commenting on these leaders, said, "Leslie and Joe embody the style of caring, compassionate leaders we aim to develop at Koppers, and they both will be sorely missed.  Whether inspiring colleagues to go beyond what they thought possible, or devoting time and talent to make an impact in their community, they served as fabulous role models for what I expect from leaders at Koppers.  Their legacy of establishing Sustainability and Zero Harm as cornerstones of our Koppers culture will leave a lasting impact on current and future stakeholders for years to come."

About Koppers

Koppers (NYSE: KOP) is an integrated global provider of essential treated wood products, wood preservation technologies and carbon compounds. Our team of 2,200 employees create, protect and preserve key elements of our global infrastructure – including railroad crossties, utility poles, outdoor wooden structures, and production feedstocks for steel, aluminum and construction materials, among others – applying decades of industry-leading expertise while constantly innovating to anticipate the needs of tomorrow. Together we are providing safe and sustainable solutions to enable rail transportation, keep power flowing, and create spaces of enjoyment for people everywhere. Protecting What Matters, Preserving The Future. Learn more at Koppers.com.

Inquiries from the media should be directed to Ms. Jessica Franklin Black at BlackJF@koppers.com or 412-227-2025. Inquiries from the investment community should be directed to Ms. Quynh McGuire at McGuireQT@koppers.com or 412-227-2049.

For Information:	Quynh McGuire, Vice President, Investor Relations
	412 227 2049
	McGuireQT@koppers.com

 

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SOURCE KOPPERS HOLDINGS INC.

FAQ

When will Leslie Hyde retire from Koppers (NYSE: KOP)?

Leslie Hyde will retire from Koppers on March 31, 2025.

When will Joseph Dowd retire from Koppers (NYSE: KOP)?

Joseph Dowd will retire from Koppers on February 28, 2025.

What was Koppers (NYSE: KOP) safety performance in 2024?

Koppers achieved all-time best safety performance in 2024 under Joseph Dowd's leadership.

When did Leslie Hyde become Koppers' first Chief Sustainability Officer?

Leslie Hyde became Koppers' first Chief Sustainability Officer in 2020.