Sustainability as a Driver of Value Creation: A Discussion with Craig Rogerson, Chairman, President & CEO of Hexion Inc.
|52 Week Range||$5.50-$20.00|
|Avg. Daily Vol. (30 day)||103,000|
|Shares Out (MM)||57.6|
|Market Cap (MM)||$1,036.2|
|Insiders Own %||0.0%|
|Short Int./% of Float||2.7k / 0%|
|Debt to Equity||157.8%|
|Revenue TTM (MM)||$2,256|
|Fiscal Year End||December|
On Wednesday, July 7, 2021 at 11:00 am EDT, we will be hosting Craig A. Rogerson, Chairman, President and Chief Executive Officer of Hexion Inc., for a fireside chat on sustainability as an enabler of above-market growth and margin improvement. The event is open to all.
Since emerging from Chapter 11 bankruptsy in 3Q19, Hexion has been focused on streamlining its portfolio of businesses, investing in R&D and capacity to bring new, innovative, value-added products to market, and strenghtening its balance sheet. On April 30, 2021 Hexion announced the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial. Recently the company announced a new greenhouse gas (GHG) emission goal as part of its Sustainability Growth Platform.
During this event Mr. Rogerson will provide an update on the progress Hexion Inc. is making toward its strategic objectives and discuss the role the company’s Sustainability Growth Platform plays in acceelerating Hexion’s transition into a faster growing, higher margin, higher value enterprise as well as a more responsible corporate citizen.
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Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global adhesive, coatings, composites, and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. The company produces acrylic adhesives and polymers, ceramics, coatings, molding compounds, phenolic encapsulated sand, foams, ceramic substrates, and other related products. Hexion serves customers worldwide.
Chairman, President & CEO
Craig Rogerson is Chairman, President and Chief Executive Officer at Hexion Inc.
Craig joined Hexion in July 2017. Prior to joining Hexion, Craig served as Chairman, President and Chief Executive Officer of Chemtura Corporation, a position he held from December 2008 until April 21, 2017. Craig also served as President, Chief Executive Officer and Director of Hercules Incorporated from December 2003 until November 2008.
Craig joined Hercules in 1979 and served in a number of management positions before leaving the company to serve as President and Chief Executive Officer of Wacker Silicones Corporation in 1997. In May 2000, Craig rejoined Hercules and was named President of its BetzDearborn Division in August 2000. Prior to being named CEO of Hercules in December 2003, Craig held a variety of senior management positions with the company, including president of the FiberVisions and Pinova Divisions, vice president of Global Procurement, and Chief Operating Officer.
Craig serves as independent board chair of PPL Corporation and on the boards of the American Chemistry Council, the Society of Chemical Industry, and the Pancreatic Cancer Action Network.
Craig holds a chemical engineering degree from Michigan State University. He also serves on the Michigan State University College of Engineering Alumni Board and on the advisory board of the Michigan State University Chemical Engineering & Materials Science Department.
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