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Ingevity Announces Leadership Changes Amid Strategic Review

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Ingevity Announces Leadership Changes Amid Strategic Review

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Ingevity ( (NGVT) ) has shared an update.

On December 8, 2025, Ingevity Corporation announced significant leadership changes as part of its strategic portfolio review. Mary Dean Hall will transition from her role as CFO on May 1, 2026, with Phillip J. Platt appointed as her successor. Rich White, President of Performance Chemicals, will move to a special projects role before departing on May 1, 2026. Additionally, Reid Clontz has been appointed as Senior Vice President of Operations. These transitions are aimed at supporting Ingevity’s long-term growth and strategic priorities.

The most recent analyst rating on (NGVT) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Ingevity stock, see the NGVT Stock Forecast page.

Spark’s Take on NGVT Stock

According to Spark, TipRanks’ AI Analyst, NGVT is a Neutral.

Ingevity’s overall stock score is primarily impacted by financial challenges, including declining revenue and high leverage. However, strategic initiatives and strong free cash flow growth provide some positive outlook. Technical indicators suggest a neutral trend, while valuation metrics highlight profitability concerns. The earnings call and recent corporate events offer optimism for future improvements.

To see Spark’s full report on NGVT stock, click here.

More about Ingevity

Ingevity Corporation operates in the chemical industry, providing products and technologies that purify, protect, and enhance the world. The company is involved in three segments: Performance Materials, Advanced Polymer Technologies, and Performance Chemicals, offering solutions for applications such as adhesives, agrochemicals, and automotive components. Headquartered in North Charleston, South Carolina, Ingevity has a global presence with 24 locations and approximately 1,500 employees.

Average Trading Volume: 242,675

Technical Sentiment Signal: Buy

Current Market Cap: $1.9B

Find detailed analytics on NGVT stock on TipRanks’ Stock Analysis page.

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