Stepan Company Announces Appointment of New Director

Rhea-AI Summary

Stepan Company (NYSE: SCL) has appointed Corning Painter as a new Director, effective immediately. Painter currently serves as CEO of Orion S.A., a global chemical manufacturer, since 2018. His extensive background includes serving as Executive Vice President for Industrial Gases at Air Products and Chemicals, where he worked from 1984. A Certified Professional Engineer with a chemical engineering degree from Carnegie Mellon University, Painter brings significant leadership and chemical industry expertise to Stepan's Board. Stepan Company is a major manufacturer of specialty and intermediate chemicals, specializing in surfactants for cleaning and agricultural solutions, and polyurethane polyols for thermal insulation and CASE industries. The company operates production facilities across North and South America, Europe, and Asia.

Positive

• Appointment of an experienced chemical industry executive with over 35 years of experience
• New director brings strategic and operational expertise from leadership roles at major chemical companies
• Addition of a technically qualified board member with engineering certification and relevant education

Negative

• None.

NORTHBROOK, Ill., June 9, 2025 /PRNewswire/ -- Stepan Company (NYSE: SCL) announced today the appointment of Corning Painter as a Director of Stepan, effective immediately.

Mr. Painter currently serves as Chief Executive Officer of Orion S.A., a global chemical manufacturer, a role he has held since September of 2018. Prior to joining Orion, Mr. Painter was an Executive Vice President for Industrial Gases at Air Products and Chemicals, an industrial gas company, which Mr. Painter joined in 1984. Mr. Painter is a Certified Professional Engineer and holds a chemical engineering degree from Carnegie Mellon University.

"Corning brings extensive leadership and chemical industry experience to our Board of Directors," said F. Quinn Stepan, Jr., Chairman of the Board of Stepan. "We are pleased to add Corning's strategic and operational expertise, and we look forward to benefiting from his insights."

Corporate Profile

Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning and disinfection compounds and in agricultural and oilfield solutions. The Company is also a leading supplier of polyurethane polyols used in the expanding thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries.

Headquartered in Northbrook, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and Asia.

The Company's common stock is traded on the New York Stock Exchange (NYSE) under the symbol SCL. For more information about Stepan Company please visit the Company online at www.stepan.com.

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SOURCE Stepan Company

FAQ

Who is the new director appointed to Stepan Company (SCL)?

Corning Painter, the current CEO of Orion S.A., has been appointed as a new Director of Stepan Company

What is Corning Painter's background and experience?

Painter is CEO of Orion S.A. since 2018, previously served as Executive VP for Industrial Gases at Air Products and Chemicals from 1984, and is a Certified Professional Engineer with a chemical engineering degree from Carnegie Mellon

What are Stepan Company's (SCL) main business areas?

Stepan Company manufactures specialty and intermediate chemicals, primarily surfactants for cleaning and agricultural solutions, and polyurethane polyols for thermal insulation and CASE industries

Where does Stepan Company (SCL) operate its production facilities?

Stepan Company operates production facilities across North and South America, Europe, and Asia, with headquarters in Northbrook, Illinois