KMG Chemicals, Inc. (NYSE:KMG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
|
Departure of Directors or Certain Officers; Election of |
On February 23, 2017, KMG Chemicals, Inc. (the Company) announced
that Andrew Lau, Vice President Electronic Chemicals, has
resigned from the Company to pursue other opportunities. Mr. Lau
was a named executive officer of the Company for the fiscal year
ended July 31, 2016.
|
Item 7.01 |
Regulation FD Disclosure. |
On February 23, 2017, the Company issued a press release
announcing that Jeff Handelman will join the Companys executive
team on March 13, 2017 as Senior Vice President Electronic
Chemicals responsible for the Companys global electronic
chemicals business.
Most recently, Mr. Handelman was Executive Vice President,
Process Materials at Versum Materials, Inc., a leading electronic
materials supplier to the semiconductor industry. Versum
Materials was spun off from Air Products and Chemicals, Inc.s
electronic materials division in September 2016. At Air Products,
Mr. Handelman held positions of increasing responsibility,
including Wet Process Chemical General Manager and Vice
President, Global Sales for the firms electronics business. Prior
to joining Air Products, Mr. Handelman held various business
management and strategic development positions at Ashland
Chemical and Koch Industries.
Mr. Handelman holds a Bachelor of Science in Economics and
Business from Northern Illinois University and a Masters in
Market-Based Management from Kansas University.
A copy of the press release is furnished as Exhibit 99.1 hereto.
|
Item 9.01 |
Financial Statements and Exhibits. |
|
(d) |
Exhibits |
|
99.1 |
Press Release, dated February 23, 2017 |
About KMG Chemicals, Inc. (NYSE:KMG)
KMG Chemicals, Inc. manufactures, formulates and globally distributes specialty chemicals. The Company operates businesses selling electronic chemicals, industrial wood treating chemicals, and industrial valve lubricants and sealants. The Company operates through two segments: Electronic chemicals and Other chemicals. The Company operates through its subsidiaries, KMG Electronic Chemicals, Inc. (KMG EC), KMG-Bernuth, Inc. (KMG Bernuth) and KMG Val-Tex, LLC (Val-Tex). The Company’s Electronic chemicals business sells high purity and ultra-purity wet process chemicals primarily to the semiconductor industry. The Company’s Other chemicals segment includes its industrial lubricants business and wood treating chemicals business. The Company’s products sulfuric, phosphoric, nitric and hydrofluoric acids, ammonium hydroxide, hydrogen peroxide, isopropyl alcohol, other specialty organic solvents and various blends of chemicals. KMG Chemicals, Inc. (NYSE:KMG) Recent Trading Information
KMG Chemicals, Inc. (NYSE:KMG) closed its last trading session down -0.44 at 36.86 with 33,047 shares trading hands.