Stepan Company Announces Appointment of New Director
Stepan Company (NYSE: SCL) has appointed Corning Painter as a new Director, effective immediately.
Sentiment and the balance of points
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Rhea-AI Summary
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.
Details
News Market Reaction – SCL
The recorded move for SCL in the trading session of this news was +2.14%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
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