FutureFuel Appoints Roeland Polet as Chief Executive Officer of the Company
FutureFuel Corp. (NYSE: FF) has appointed Roeland Polet as its new Chief Executive Officer, effective September 3, 2024. Polet, with over 35 years of leadership experience in specialty chemicals, succeeds Tom McKinlay, who is retiring. Polet's background includes significant roles at Koninklijke DSM N.V., where he served as CEO of DSM Materials, contributing to market share and profitability gains. He has also held senior positions at Valspar , Celanese , and Carbolite Foods, Inc.
In his new role, Polet aims to expand FutureFuel's market presence, commercialize new products and technologies, and drive performance. Don Bedell, Vice Chairman of the Board, expressed confidence in Polet's industry experience and proven record in strategy, innovation, and team building.
FutureFuel Corp. (NYSE: FF) ha nominato Roeland Polet nuovo Amministratore Delegato, con effetto dal 3 settembre 2024. Polet, con oltre 35 anni di esperienza dirigenziale nel settore delle sostanze chimiche speciali, succede a Tom McKinlay, che si sta ritirando. Il suo background comprende ruoli significativi in Koninklijke DSM N.V., dove ha ricoperto la posizione di CEO di DSM Materials, contribuendo ad incrementare la quota di mercato e la redditività. Ha anche ricoperto posizioni di alto livello presso Valspar, Celanese e Carbolite Foods, Inc.
Nel suo nuovo ruolo, Polet punta ad espandere la presenza di FutureFuel nel mercato, commercializzare nuovi prodotti e tecnologie e migliorare le performance. Don Bedell, Vicepresidente del Consiglio, ha espresso fiducia nell’esperienza di Polet nel settore e nel suo collaudato percorso in strategia, innovazione e costruzione di team.
FutureFuel Corp. (NYSE: FF) ha nombrado a Roeland Polet como su nuevo Director Ejecutivo, con efecto a partir del 3 de septiembre de 2024. Polet, con más de 35 años de experiencia en liderazgo en productos químicos especiales, reemplaza a Tom McKinlay, quien se retira. El historial de Polet incluye roles significativos en Koninklijke DSM N.V., donde fue CEO de DSM Materials, contribuyendo al aumento de la cuota de mercado y de la rentabilidad. También ha ocupado cargos de alto nivel en Valspar, Celanese y Carbolite Foods, Inc.
En su nuevo rol, Polet tiene como objetivo expandir la presencia de FutureFuel en el mercado, comercializar nuevos productos y tecnologías, y mejorar el rendimiento. Don Bedell, Vicepresidente de la Junta, expresó confianza en la experiencia de Polet en la industria y su historial comprobado en estrategia, innovación y construcción de equipos.
FutureFuel Corp. (NYSE: FF)는 Roeland Polet을 새로운 CEO로 임명하였으며, 임기는 2024년 9월 3일부터 시작됩니다. Polet는 특수 화학 분야에서 35년 이상의 리더십 경험을 보유하고 있으며, 은퇴하는 Tom McKinlay의 후임입니다. 그는 Koninklijke DSM N.V.에서 CEO로 재직하면서 시장 점유율과 수익성 향상에 기여한 중요한 역할을 맡아왔습니다. 또한 Valspar, Celanese, Carbolite Foods, Inc.에서 고위직을 역임한 경험이 있습니다.
새로운 역할에서 Polet는 FutureFuel의 시장 존재감을 확장하고, 새로운 제품과 기술을 상업화하며, 성과를 높이는 것을 목표로 하고 있습니다. Don Bedell 이사회 부회장은 Polet의 산업 경험과 전략, 혁신 및 팀 구축에서의 검증된 실적에 대한 신뢰를 표현했습니다.
FutureFuel Corp. (NYSE: FF) a nommé Roeland Polet comme nouveau PDG, prenant ses fonctions le 3 septembre 2024. Polet, fort de plus de 35 ans d'expérience en leadership dans le secteur des produits chimiques spéciaux, succède à Tom McKinlay, qui prend sa retraite. Le parcours de Polet comprend des rôles significatifs chez Koninklijke DSM N.V., où il a été PDG de DSM Materials, contribuant à l'augmentation de la part de marché et de la rentabilité. Il a également occupé des postes de direction chez Valspar, Celanese et Carbolite Foods, Inc.
Dans ses nouvelles fonctions, Polet vise à élargir la présence de FutureFuel sur le marché, à commercialiser de nouveaux produits et technologies, et à améliorer les performances. Don Bedell, vice-président du conseil, a exprimé sa confiance dans l'expérience de Polet dans l'industrie et son bilan éprouvé en matière de stratégie, d'innovation et de création d'équipe.
FutureFuel Corp. (NYSE: FF) hat Roeland Polet zum neuen CEO ernannt, der am 3. September 2024 sein Amt antreten wird. Polet bringt über 35 Jahre Führungserfahrung in der Spezialchemie mit und folgt auf Tom McKinlay, der in den Ruhestand geht. Zu Polet's Hintergrund gehören bedeutende Positionen bei Koninklijke DSM N.V., wo er als CEO von DSM Materials tätig war und zur Steigerung des Marktanteils und der Rentabilität beigetragen hat. Zudem hat er leitende Positionen bei Valspar, Celanese und Carbolite Foods, Inc. innegehabt.
In seiner neuen Rolle strebt Polet an, die Marktpräsenz von FutureFuel zu erweitern, neue Produkte und Technologien zu kommerzialisieren und die Leistung zu steigern. Don Bedell, stellvertretender Vorsitzender des Vorstands, äußerte Vertrauen in Polet's Branchenerfahrung und nachweisliche Erfolge in den Bereichen Strategie, Innovation und Teambildung.
- Appointment of an experienced CEO with 35+ years in specialty chemicals industry
- New CEO has a track record of value creation and team building in global companies
- Potential for market share expansion and profitability improvement based on CEO's past performance
- New leadership could bring fresh perspectives on product commercialization and market presence
- Potential disruption in leadership continuity due to CEO change
- Possible short-term uncertainty during transition period
CLAYTON, Mo. , Aug. 20, 2024 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) (“FutureFuel” or the “Company”), a manufacturer of custom and performance chemicals and biofuels, announced today that it had appointed Roeland Polet as Chief Executive Officer of the Company effective as of September 3, 2024. Mr. Polet succeeds Tom McKinlay who previously announced his retirement as Chief Executive Officer.
Polet, brings over 35 years of leadership experience and a track record of value creation and team building within global leading specialty chemicals companies. From 2015 to 2023, he held general management roles for Koninklijke DSM N.V., culminating in Chief Executive Officer, DSM Materials. Here, Polet contributed to significant gains in market share and profitability through organic strategy, M&A initiatives, and operational and commercial excellence.
Prior, Polet worked in senior leadership roles for Valspar Corporation, Celanese Corporation and Carbolite Foods, Inc. in the United States, Asia, and Europe. He holds a bachelor’s degree in economics from State University of New York at Buffalo. He will continue to serve as Non-Executive Director at Envalior, a joint venture between Lanxess and Advent International.
In his new role as Chief Executive Officer, Polet will focus on leveraging FutureFuel’s legacy of market-leading innovation to expand its market presence, commercialize new products and technologies, and drive performance.
“We are thrilled to announce the appointment of Roeland as our Chief Executive Officer,” said Don Bedell, Vice Chairman of the Board of Directors of FutureFuel. “Roeland’s deep industry experience and his proven record of strategy, innovation, and team building make him the right person to lead FutureFuel.”
“I am excited for the opportunity to lead FutureFuel and work with a strong, committed team that is fully dedicated to its success,” said Polet. “I look forward to delivering for our customers, shareholders, employees and the communities we touch.”
About FutureFuel
FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products. In its chemicals business, FutureFuel manufactures specialty chemicals for specific customers (“custom chemicals”), as well as multi-customer specialty chemicals (“performance chemicals”). FutureFuel's custom chemicals product portfolio includes proprietary intermediates for major chemical companies and chlorinated polyolefin adhesion promoters and antioxidant precursors for a major chemical company. FutureFuel’s performance chemicals product portfolio includes polymer (nylon) modifiers and several small-volume specialty chemicals for diverse applications. FutureFuel’s biofuels segment primarily produces and sells biodiesel. Please visit www.futurefuelcorporation.com for more information.
Forward-Looking Statements
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements deal with FutureFuel’s current plans, intentions, beliefs, and expectations, and statements of future economic performance. Statements containing such terms as “believe,” “do not believe,” “plan,” “expect,” “intend,” “estimate,” “anticipate,” and other phrases of similar meaning are considered to contain uncertainty and are forward-looking statements. In addition, from time-to-time FutureFuel or its representatives have made or will make forward-looking statements orally or in writing. Furthermore, such forward-looking statements may be included in various filings that the company makes with United States Securities and Exchange Commission (the “SEC”), in press releases, or in oral statements made by or with the approval of one of FutureFuel’s authorized executive officers.
These forward-looking statements are subject to certain known and unknown risks and uncertainties, as well as assumptions that could cause actual results to differ materially from those reflected in these forward-looking statements. Factors that might cause actual results to differ include, but are not limited to, those set forth under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in FutureFuel’s Form 10-K Annual Report, as amended, for the year ended December 31, 2023 and in its future filings made with the SEC. An investor should not place undue reliance on any forward-looking statements contained in this document, which reflect FutureFuel management’s opinions only as of their respective dates. Except as required by law, the company undertakes no obligation to revise or publicly release the results of any revisions to forward-looking statements. The risks and uncertainties described in this document and in current and future filings with the SEC are not the only ones faced by FutureFuel. New factors emerge from time to time, and it is not possible for the company to predict which will arise. There may be additional risks not presently known to the company or that the company currently believes are immaterial to its business. In addition, FutureFuel cannot assess the impact of each factor on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. If any such risks occur, FutureFuel’s business, operating results, liquidity, and financial condition could be materially affected in an adverse manner. An investor should consult any additional disclosures FutureFuel has made or will make in its reports to the SEC on Forms 10-K, 10-Q, and 8-K, and any amendments thereto. All subsequent written and oral forward-looking statements attributable to FutureFuel or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements contained in this document.
FAQ
Who is the new CEO of FutureFuel Corp (NYSE: FF)?
What is Roeland Polet's background before joining FutureFuel (FF)?
When will Roeland Polet start as CEO of FutureFuel (FF)?
Who did Roeland Polet replace as CEO of FutureFuel (FF)?
