LSB Industries, Inc. Appoints Riccardo Bertocco as an Independent Member of the Board of Directors
LSB Industries (NYSE: LXU) has announced the appointment of Riccardo Bertocco as an independent Board member, effective April 9, 2025. Bertocco brings over 25 years of management consulting experience, with expertise in energy transition, renewables, and operational optimization.
Most recently, Bertocco served as Managing Director and Partner at Boston Consulting Group (2018-2023), leading the Power and Utilities sector. He previously worked as a Partner at Bain & Company, focusing on oil and gas clients across Europe and the Americas.
The announcement also includes the retirement of Richard Sanders from the Board, effective May 15, 2025. Sanders, who joined in 2014 and served as Interim EVP of Chemical Manufacturing (2015-2016), will not seek re-election at the 2025 Annual Meeting.
LSB Industries (NYSE: LXU) ha annunciato la nomina di Riccardo Bertocco come membro indipendente del Consiglio di Amministrazione, con effetto dal 9 aprile 2025. Bertocco porta con sé oltre 25 anni di esperienza nella consulenza gestionale, con competenze nella transizione energetica, nelle energie rinnovabili e nell'ottimizzazione operativa.
Recentemente, Bertocco ha ricoperto il ruolo di Managing Director e Partner presso Boston Consulting Group (2018-2023), guidando il settore Power and Utilities. In precedenza ha lavorato come Partner presso Bain & Company, concentrandosi su clienti nel settore petrolifero e del gas in Europa e nelle Americhe.
L'annuncio include anche il pensionamento di Richard Sanders dal Consiglio, con effetto dal 15 maggio 2025. Sanders, che è entrato a far parte del Consiglio nel 2014 e ha ricoperto il ruolo di EVP ad interim della Produzione Chimica (2015-2016), non si presenterà per il rinnovo alla Riunione Annuale del 2025.
LSB Industries (NYSE: LXU) ha anunciado el nombramiento de Riccardo Bertocco como miembro independiente de la Junta, con efecto a partir del 9 de abril de 2025. Bertocco aporta más de 25 años de experiencia en consultoría de gestión, con especialización en transición energética, energías renovables y optimización operativa.
Recientemente, Bertocco se desempeñó como Director General y Socio en Boston Consulting Group (2018-2023), liderando el sector de Energía y Servicios Públicos. Anteriormente, trabajó como Socio en Bain & Company, enfocándose en clientes del sector de petróleo y gas en Europa y las Américas.
El anuncio también incluye la jubilación de Richard Sanders de la Junta, con efecto a partir del 15 de mayo de 2025. Sanders, quien se unió en 2014 y se desempeñó como EVP interino de Fabricación Química (2015-2016), no buscará la reelección en la Junta Anual de 2025.
LSB Industries (NYSE: LXU)는 Riccardo Bertocco를 독립 이사로 임명했다고 발표했으며, 임기는 2025년 4월 9일부터 시작됩니다. Bertocco는 에너지 전환, 재생 가능 에너지 및 운영 최적화 분야에서 25년 이상의 관리 컨설팅 경험을 보유하고 있습니다.
최근 Bertocco는 Boston Consulting Group (2018-2023)에서 Managing Director 및 Partner로 재직하며 전력 및 유틸리티 부문을 이끌었습니다. 그는 이전에 Bain & Company에서 Partner로 근무하며 유럽과 아메리카의 석유 및 가스 고객을 대상으로 활동했습니다.
이번 발표에는 Richard Sanders가 2025년 5월 15일부로 이사회에서 은퇴한다는 내용도 포함되어 있습니다. Sanders는 2014년에 합류했으며, 2015-2016년에는 화학 제조의 임시 EVP로 재직했으며, 2025년 연례 회의에서 재선에 나서지 않을 것입니다.
LSB Industries (NYSE: LXU) a annoncé la nomination de Riccardo Bertocco en tant que membre indépendant du Conseil d'Administration, à compter du 9 avril 2025. Bertocco apporte plus de 25 ans d'expérience en conseil en gestion, avec une expertise dans la transition énergétique, les énergies renouvelables et l'optimisation opérationnelle.
Dernièrement, Bertocco a été Directeur Général et Associé chez Boston Consulting Group (2018-2023), dirigeant le secteur de l'énergie et des services publics. Auparavant, il a travaillé comme Associé chez Bain & Company, se concentrant sur les clients du secteur pétrolier et gazier en Europe et en Amérique.
L'annonce inclut également la retraite de Richard Sanders du Conseil, à compter du 15 mai 2025. Sanders, qui a rejoint le Conseil en 2014 et a été EVP intérimaire de la fabrication chimique (2015-2016), ne se représentera pas lors de l'Assemblée Générale de 2025.
LSB Industries (NYSE: LXU) hat die Ernennung von Riccardo Bertocco als unabhängiges Vorstandsmitglied bekannt gegeben, wirksam ab dem 9. April 2025. Bertocco bringt über 25 Jahre Erfahrung in der Managementberatung mit, mit Fachkenntnissen in der Energiewende, erneuerbaren Energien und operativer Optimierung.
Zuletzt war Bertocco als Managing Director und Partner bei Boston Consulting Group (2018-2023) tätig und leitete den Bereich Energie und Versorgungsunternehmen. Zuvor arbeitete er als Partner bei Bain & Company und konzentrierte sich auf Kunden aus der Öl- und Gasindustrie in Europa und Amerika.
Die Ankündigung umfasst auch den Rücktritt von Richard Sanders aus dem Vorstand, wirksam zum 15. Mai 2025. Sanders, der 2014 beigetreten ist und von 2015 bis 2016 als interimistischer EVP für chemische Fertigung tätig war, wird sich nicht zur Wiederwahl bei der Jahreshauptversammlung 2025 stellen.
- Appointment of board member with extensive energy transition and renewables expertise
- New director brings 25 years of management consulting experience in strategic operations
- Addition of expertise in operational optimization and growth strategy
- Loss of experienced board member Richard Sanders who served since 2014
Richard Sanders to Retire from the Board of Directors
Mr. Bertocco has worked extensively in management consulting for more than 25 years, partnering with senior executives and management teams within a number of sectors including oil and gas, utilities, IT/technology, private equity, infrastructure and education. In this capacity, he focused on his clients’ most pressing strategic issues, including energy transition, large scale transformations, growth strategy, operational optimization, organizational redesign and change management and digital transformations, among others. Most recently, Mr. Bertocco served as Managing Director and Partner at Boston Consulting Group from 2018 to 2023, where he led the Power and Utilities sector, with a focus on Energy Transition, Low Carbon Fuels and Renewables. Prior to joining Boston Consulting Group, Mr. Bertocco served as a Partner at Bain & Company, working with clients in the oil and gas sector throughout
Mr. Bertocco holds a B.S. in Business Administration from Bocconi University in
“We are pleased to have Riccardo as a new member of our Board,” said Mark Behrman, LSB’s Chairman & Chief Executive Officer. “We believe that his background in renewables and low carbon products will be an asset to our Company as we evaluate our future opportunities in those markets. In addition, his experience in advising and guiding companies in their efforts to achieve operational excellence and growth will support our ongoing initiatives to maximize profitability and shareholder value.”
The Company also announced that on April 9, 2025, Richard Sanders informed the Board of his decision not to stand for re-election as a director at the annual meeting of stockholders citing personal reasons. As a result, his term will expire on May 15, 2025.
“Since becoming a member of our Board in 2014 and serving as our Interim EVP of Chemical Manufacturing in 2015 and 2016, Richard’s contributions have been invaluable to our Company’s operational and financial transformation,” stated Mr. Behrman. “On behalf of the entire Board of Directors, I would like to thank Richard for his years of service to LSB and wish him all the best for the future.”
About LSB Industries, Inc.
LSB Industries, Inc., headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250410355871/en/
Investor Contacts:
Fred Buonocore, CFA, Vice President of Investor Relations
(405) 510-3550
fbuonocore@lsbindustries.com
Media Contact:
David Kimmel, Director of Communications
(405) 815-4645
dkimmel@lsbindustries.com
Source: LSB Industries, Inc.
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