Exhibit 99.1
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Investor Contact Mark Feuerbach Innophos 609-366-1204 | | Media Contact Ryan Flaim Sharon Merrill Associates 617-542-5300 |
INNOPHOS HOLDINGS, INC. ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION
Mark Feuerbach Appointed as Interim Chief Financial Officer
CRANBURY, New Jersey – (March 15, 2019) – Innophos Holdings, Inc. (NASDAQ: IPHS) today announced that Mark Feuerbach, the Company’s current Vice President, Investor Relations, Treasury, Financial Planning and Analysis, has been named interim Chief Financial Officer, replacing Han Kieftenbeld, effective today. Mr. Feuerbach has 30 years of experience in financial roles at Innophos, including serving as interim CFO on four prior occasions. An executive search is being led by Egon Zehnder to identify a permanent CFO, until which time Mr. Feuerbach will remain as interim CFO.
“As we move into the next chapter of our transformation with a sharp focus on execution, a new set of financial and business skills and experience are needed to lead our finance organization forward and accelerate our strategic growth,” said Kim Ann Mink, Ph.D., Chairman, President and Chief Executive Officer.
“We are grateful that Mark Feuerbach will be stepping up to fill the role of CFO on an interim basis,” Mink continued. “Mark has played a central role within Innophos’ financial organization for three decades. His strong finance background, prior experience in the interim CFO role and deep understanding of the financial needs of our organization will ensure continuity as we complete the search for a permanent CFO. We also want to thank Han for his dedication and contributions over the past three years and wish him well in his future endeavors.”
“Looking ahead, we remain on track to achieve our 2019 guidance and continue to be confident in our ability to deliver on our Vision 2022 strategic roadmap to transform the growth and earnings profile of Innophos, deliver sustainable value for our shareholders and be a valued partner for our customers,” Mink concluded.
About the Company
Innophos is a leading international producer of specialty ingredient solutions that deliverfar-reaching, versatile benefits for the food, health, nutrition and industrial markets. We leverage our expertise in the science and technology of blending and formulating phosphate, mineral, enzyme and botanical based ingredients to help our customers offer products that are tasty, healthy, nutritious and economical. Headquartered in Cranbury, New Jersey, Innophos has manufacturing operations across the United States, in Canada, Mexico and China. For more information, please visitwww.innophos.com.‘IPHS-G’
SOURCE Innophos Holdings, Inc.
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