Innospec, Inc. Announce Retirement of Martin M. Hale as Director
May 06, 2016 at 10:00 am EDT
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Innospec Inc. announced that Martin M. Hale has retired as a Director of the company at its Annual General Meeting on May 4, 2016. Mr. Hale had been a Director of Innospec Inc. since its original spin-out from the Great Lakes Chemical Company in 1998, of which he was Non-Executive Chairman. During much of that time he also undertook the critical role of Chairman of the Audit Committee. As previously announced, Mr. Hale will be succeeded on the Board and the Audit Committee by David Landless, whose appointment was confirmed by shareholders at the AGM.
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.