December 5, 2021

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Compass Minerals Announces Senior Management Team Changes

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OVERLAND PARK, Kan.–(Enterprise WIRE)–Compass Minerals (NYSE: CMP), a foremost world supplier of vital minerals, nowadays announced numerous variations to its senior administration staff to permit assist of the company’s extended-time period strategic expansion.

Bringing far more than 25 many years of diversified financial practical experience, including management positions in the lithium sector, Lorin Crenshaw is predicted to be part of the enterprise on Dec. 1, 2021, as main economical officer. Crenshaw most not long ago served as main money officer at Orion Engineered Carbons S.A., a global provider of specialty and significant-functionality carbon black, considering the fact that 2019. Previously, Crenshaw served in numerous money management roles from 2009 to 2019 at Albemarle Corporation, such as as chief economic officer of Albemarle’s world-wide lithium enterprise from 2016 to 2019, and in prior years as treasurer and head of investor relations. Just before his time at Albemarle, Crenshaw put in about 10 a long time as an fairness and financial debt trader, respectively, at Citigroup Asset Management and PGIM Private Money, previously Prudential Funds Group. Crenshaw acquired a Bachelor of Science in enterprise administration from Florida A&M University and a Grasp of Business enterprise Administration from Columbia University.

At Compass Minerals, Crenshaw will be responsible for all areas of fiscal administration, which include accounting, reporting, tax, internal audit, treasury, financial scheduling and investigation, and trader relations. Additionally, Crenshaw will direct the company’s worldwide sourcing and procurement features.

“Lorin’s broad financial knowledge and lithium-precise knowledge mix to create an excellent skillset to assist improve shareholder benefit by absolutely leveraging our advantaged asset portfolio,” reported Kevin S. Crutchfield, president and CEO. “I search ahead to Lorin becoming a member of our crew at this enjoyable time for Compass Minerals.”

Powerful on Crenshaw signing up for the corporation, Compass Minerals’ recent main economic officer, James D. “Jamie” Standen, will changeover roles to serve as main professional officer. Serving as the company’s chief financial officer since 2017, Standen has held positions of expanding obligation at Compass Minerals considering the fact that to start with joining the corporation in 2006 as assistant treasurer. Prior to becoming a member of Compass Minerals, Standen spent six years in numerous roles at Kansas City Southern and two several years with the general public accounting firm Mayer Hoffman McCann P.C. He earned a Bachelor of Science in accounting with an emphasis in finance from the College of Kansas.

“I would place Jamie’s understanding of our main company and markets up against anyone’s,” extra Crutchfield. “He has produced lasting price for the enterprise at each individual situation he’s held to date, and I have every single assurance he’ll continue on to do so in driving our business, innovation, logistics and shopper support tactics as main industrial officer.”

As a end result of these appointments, Compass Minerals’ latest chief commercial officer, Brad Griffith, has departed the firm helpful instantly to pursue other opportunities.

About Compass Minerals

Compass Minerals (NYSE: CMP) is a top global service provider of critical minerals concentrated on safely and securely providing wherever and when it issues to enable solve nature’s challenges for customers and communities. Its salt products and solutions aid maintain roadways safe all through winter season weather conditions and are utilised in numerous other customer, industrial and agricultural applications. And its plant nutrition business enterprise manufactures goods that strengthen the quality and produce of crops, whilst supporting sustainable agriculture. In addition, its specialty chemical business enterprise serves the water remedy market and other industrial processes. The firm operates 15 manufacturing and packaging amenities with additional than 2,000 personnel through the U.S., Canada, Brazil and the U.K. Stop by compassminerals.com for much more info about the firm and its merchandise.

Forward Seeking Statements

This push release could include ahead-searching statements in the that means of the Private Securities Litigation Reform Act of 1995, like, without limitation, statements about the company’s skill to entirely leverage its asset portfolio. These statements are centered on the company’s recent anticipations and contain pitfalls and uncertainties that could bring about the company’s true outcomes to differ materially. The dissimilarities could be brought about by a number of things like those people elements discovered in the “Risk Factors” and “Management’s Dialogue and Assessment of Economical Situation and Outcomes of Operations” sections of the company’s Once-a-year and Quarterly Stories on Sorts 10-K and 10-Q, which includes any amendments, as well as the company’s other SEC filings. The organization undertakes no obligation to update any ahead-seeking statements created in this push release to replicate long term functions or developments, except as required by law.

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