Ingevity Corporation stock plunges after CEO exit [Yahoo! Finance]
Ingevity Corporation (NGVT)
Last ingevity corporation earnings: 4/29 04:15 pm
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ir.ingevity.com
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Source: Yahoo! Finance
The company announced in a press release that Fortson had stepped down from both his executive role and the board of directors, effective October 2, 2024. The board of directors has appointed Luis Fernandez-Moreno, a current board member, as interim president and CEO while the company searches for a permanent replacement. Fernandez-Moreno has been on the board since Ingevity's spinoff in 2016 and brings over 40 years of experience in the specialty chemicals industry. He previously held leadership positions at Ashland (NYSE:ASH) Inc., Arch Chemicals, and Rohm&Haas Company. "On behalf of the entire board, I want to thank John for his leadership and dedication to Ingevity over the past nine years," said Jean Blackwell, chair of Ingevity's board of directors. Blackwell credited Fortson for successfully leading Ingevity through its transformation into a standalone public company and expanding its global reach. Fortson's departure comes during a challenging time for the company,
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News
- SouthernSun Small Cap Strategy is Evaluating its Position in Ingevity Corporation (NGVT) Amid Strategic Changes and Management Transitions [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Ingevity (NGVT) Stock? [Yahoo! Finance]Yahoo! Finance
- Ingevity Co. (NYSE: NGVT) had its price target raised by analysts at BMO Capital Markets from $40.00 to $47.00. They now have a "market perform" rating on the stock.MarketBeat
- Ingevity reports third quarter 2024 financial resultsBusiness Wire
- Ingevity Corporation (NGVT): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
NGVT
Earnings
- 10/29/24 - Beat
NGVT
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- 10/30/24 - Form 10-Q
- NGVT's page on the SEC website