Hugh G. C. Aldous Not to Stand for Re-Election as Director, Member of the Audit Committee and Chair of the Nominating and Corporate Governance Committee of Innospec Inc
February 20, 2020 at 06:36 am EST
Share
On February 17, 2020, Hugh G. C. Aldous, a member of the Board of Directors (the “Board”) of Innospec Inc. (the “Company”), informed the Company of his decision not to stand for re-election to the Board when his current term as a director expires at the Company’s 2020 Annual Meeting of Stockholders (“Annual Meeting”). Mr. Aldous is currently a member of the Audit Committee and is Chair of the Nominating and Corporate Governance Committee of the Board. Mr. Aldous will remain on the Board and a member of the Audit Committee and Chair the Nominating and Corporate Governance Committee until the Annual Meeting, which is scheduled to occur on May 6, 2020. This decision was not the result of any disagreement with the Company.
Innospec Inc. develops, manufactures, blends, markets and supplies a wide range of specialty chemicals to customers in the Americas, Europe, the Middle East, Africa and Asia-Pacific. The Company operates through three segments: Performance Chemicals, Fuel Specialties and Oilfield Services. The Companyâs Performance Chemicals business creates technology-based solutions for the personal care, home care, agrochemical, construction, mining, and other industrial markets. This segment serves multinational companies, manufacturers of personal care and home care products and global mining, agricultural and building products and other industrial companies. The Companyâs Fuel Specialties segment develops, manufactures, blends, markets and supplies a range of specialty chemical products used as additives in diesel, jet, marine, fuel oil and other fuels. The Companyâs Oilfield Services business supplies drilling, completion and production chemicals.
Hugh G. C. Aldous Not to Stand for Re-Election as Director, Member of the Audit Committee and Chair of the Nominating and Corporate Governance Committee of Innospec Inc