People & Business :: People/Executives
Innospec CEO Resigns Amid SEC Probe
1:13 PM MDT | April 3, 2009
Innospec says its CEO Paul Jennings has resigned and that it has named Patrick Williams to take over as president and CEO, effective immediately. Williams had been the firm’s executive v.p., and president/fuel specialties since 2005. Jennings says he resigned because the ongoing SEC and Department of Justice probe into the company has made it increasingly difficult for him to “move the business forward.” The SEC has been investigating potential violations of federal securities laws since 2006 related to transactions that the company made under...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee