FutureFuel Board of Directors Thanks Tom McKinlay for His Distinguished Service
FutureFuel Corp. (NYSE: FF), a manufacturer of custom and performance chemicals and biofuels, has announced the retirement of Tom McKinlay from his position as Chief Executive Officer. The Board of Directors expressed their gratitude for McKinlay's significant contributions to the company, highlighting his leadership, knowledge, and expertise as instrumental to FutureFuel's success. McKinlay served as CEO since 2022 and previously held the position of Chief Operating Officer from 2017. The Board emphasized McKinlay's passion and commitment to the company, its employees, customers, and community throughout his tenure.
FutureFuel Corp. (NYSE: FF), un produttore di sostanze chimiche personalizzate e prestazionali, ha annunciato il ritiro di Tom McKinlay dalla sua posizione di Amministratore Delegato. Il Consiglio di Amministrazione ha espresso gratitudine per i significativi contributi di McKinlay all'azienda, sottolineando come la sua leadership, conoscenza ed esperienza siano state fondamentali per il successo di FutureFuel. McKinlay ha ricoperto il ruolo di CEO dal 2022 e precedentemente ha ricoperto la posizione di Direttore Operativo dal 2017. Il Consiglio ha evidenziato la passione e l'impegno di McKinlay verso l'azienda, i dipendenti, i clienti e la comunità durante tutto il suo mandato.
FutureFuel Corp. (NYSE: FF), un fabricante de productos químicos personalizados y de alto rendimiento, ha anunciado la jubilación de Tom McKinlay de su puesto como Consejero Delegado. La Junta Directiva expresó su agradecimiento por las importantes contribuciones de McKinlay a la empresa, destacando que su liderazgo, conocimiento y experiencia fueron fundamentales para el éxito de FutureFuel. McKinlay se desempeñó como CEO desde 2022 y anteriormente ocupó el cargo de Director de Operaciones desde 2017. La Junta enfatizó la pasión y el compromiso de McKinlay hacia la empresa, sus empleados, clientes y la comunidad a lo largo de su mandato.
FutureFuel Corp. (NYSE: FF)는 맞춤형 및 성능 화학물질과 바이오연료를 제조하는 회사로, Tom McKinlay가 최고 경영자직에서 은퇴한다고 발표했습니다. 이사회는 McKinlay의 회사에 대한 중요한 기여에 감사의 마음을 전하며, 그의 리더십, 지식 및 전문성이 FutureFuel의 성공에 기여했다고 강조했습니다. McKinlay는 2022년부터 CEO로 재직하였으며, 이전에는 2017년부터 운영 담당 이사를 역임했습니다. 이사회는 그의 재임 기간 동안 회사, 직원, 고객 및 지역 사회에 대한 McKinlay의 열정과 헌신을 강조했습니다.
FutureFuel Corp. (NYSE: FF), un fabricant de produits chimiques sur mesure et de biocarburants, a annoncé le départ à la retraite de Tom McKinlay en tant que Directeur Général. Le Conseil d'Administration a exprimé sa gratitude pour les contributions significatives de McKinlay à l'entreprise, soulignant que son leadership, ses connaissances et son expertise étaient essentiels au succès de FutureFuel. McKinlay a été PDG depuis 2022 et a précédemment occupé le poste de Directeur des Opérations depuis 2017. Le Conseil a mis en avant la passion et l'engagement de McKinlay envers l'entreprise, ses employés, ses clients et la communauté durant toute sa tenure.
FutureFuel Corp. (NYSE: FF), ein Hersteller von maßgeschneiderten und leistungsstarken Chemikalien sowie Biokraftstoffen, hat den Rücktritt von Tom McKinlay von seiner Position als Geschäftsführer angekündigt. Der Vorstand drückte seine Dankbarkeit für McKinlays bedeutende Beiträge zum Unternehmen aus und hob hervor, dass seine Führung, sein Wissen und seine Expertise entscheidend für den Erfolg von FutureFuel waren. McKinlay war seit 2022 CEO und hatte zuvor von 2017 an die Position des Chief Operating Officer inne. Der Vorstand betonte McKinlays Leidenschaft und Engagement für das Unternehmen, seine Mitarbeiter, Kunden und die Gemeinschaft während seiner Amtszeit.
- Acknowledgment of Tom McKinlay's significant contributions to the company's success
- Smooth transition process with previously announced retirement
- Departure of experienced CEO may lead to leadership gap
- Potential disruption in company strategy and operations during transition
CLAYTON, Mo., Aug. 26, 2024 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) (“FutureFuel” or the “Company”), a manufacturer of custom and performance chemicals and biofuels, issued the following statement.
The FutureFuel Board of Directors wishes to express its sincere thanks and appreciation for the significant contributions made by Tom McKinlay to FutureFuel as its Chief Executive Officer beginning in 2022 and previously as its Chief Operating Officer beginning in 2017. Mr. McKinlay’s leadership, knowledge and expertise were instrumental in the Company’s success, and his passion and commitment to the Company and its employees, customers and community were evident throughout his service to FutureFuel. The Board of Directors and the Company wish Mr. McKinlay well in his previously announced retirement.
About FutureFuel
As previously announced by the Company, Roeland Polet is succeeding Mr. McKinlay as Chief Executive Officer of the Company, effective September 3, 2024.
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.
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