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Harsco Corporation Announces Chief Financial Officer Transition

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Harsco Corporation has announced the resignation of Anshooman Aga as Chief Financial Officer, effective August 24, 2022. His departure is amicable and not related to any disagreements over corporate strategy or financial disclosures. Pete Minan, the former CFO, will serve as Interim Chief Financial Officer starting August 29, 2022, while the company searches for a permanent replacement. Harsco operates in over 30 countries and employs around 12,000 people, focusing on environmental solutions for industrial and specialty waste streams.

Positive
  • Pete Minan's interim CFO experience offers stability during the transition.
  • Harsco's commitment to searching for a permanent CFO indicates a proactive approach to leadership.
Negative
  • Loss of CFO may create temporary uncertainty in financial management.

Appoints Pete Minan Interim Chief Financial Officer

CAMP HILL, Pa., Aug. 12, 2022 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE: HSC) a global, market leading provider of environmental solutions for industrial and specialty waste streams, today announced that Anshooman Aga has resigned as the Company’s Senior Vice President and Chief Financial Officer, effective August 24, 2022, to pursue employment with another company.

Mr. Aga’s departure did not result from any disagreement regarding the Company's corporate strategy, financial statements or disclosures.

“On behalf of the Board of Directors and our 12,000 employees, we thank Anshooman for his many contributions to our Company, and we wish him well in his future endeavors,” said Nick Grasberger, Chairman and Chief Executive Officer, Harsco Corporation.

Pete Minan, Harsco’s former Chief Financial Officer, has been appointed Interim Senior Vice President and Chief Financial Officer, effective August 29, until a permanent replacement for Mr. Aga is announced. Harsco will initiate a comprehensive search for a new CFO.

“Having served as our CFO for seven years, I am confident that Pete’s intimate knowledge of our Company will serve us well in the interim as we focus on our key strategic initiatives and business improvement to drive shareholder value,” said Mr. Grasberger.

About Harsco

Harsco Corporation is a global market leader providing environmental solutions for industrial and specialty waste streams. Based in Camp Hill, PA, the 12,000-employee company operates in more than 30 countries. Harsco’s common stock is a component of the S&P SmallCap 600 Index and the Russell 2000 Index. Additional information can be found at www.harsco.com.

Investor Contact 
David Martin
717.612.5628
damartin@harsco.com
Media Contact
Jay Cooney
717.730.3683
jcooney@harsco.com

FAQ

Who has been appointed as the interim CFO of HSC?

Pete Minan has been appointed as the interim Chief Financial Officer of Harsco Corporation (HSC).

When did Anshooman Aga resign from HSC?

Anshooman Aga resigned from Harsco Corporation (HSC) effective August 24, 2022.

Is there any disagreement related to the resignation of HSC's CFO?

No, Anshooman Aga's resignation did not result from any disagreement regarding the company's strategy or financial disclosures.

What will happen after the interim CFO appointment at HSC?

Harsco Corporation will initiate a comprehensive search for a permanent CFO following Pete Minan's interim appointment.

HARSCO CORP

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