Ingevity ( (NGVT) ) just unveiled an update.
On March 10, 2025, Ingevity Corporation announced the appointment of David H. Li as President and CEO, effective April 7, 2025. Li, with over 25 years of experience in the specialty materials industry, previously served as CEO of CMC Materials, Inc. His leadership is expected to drive strategic growth and enhance stockholder value at Ingevity. Li succeeds interim President and CEO Luis Fernandez-Moreno, who will remain on the board. This leadership transition is anticipated to strengthen Ingevity’s market position and operational performance, benefiting stakeholders by fostering long-term growth and value creation.
More about Ingevity
Ingevity Corporation operates in the specialty chemicals and materials industry, providing products and technologies that purify, protect, and enhance the world. The company operates in three segments: Performance Materials, Advanced Polymer Technologies, and Performance Chemicals. Ingevity’s products are used in various applications such as adhesives, agrochemicals, asphalt paving, and automotive components. Headquartered in North Charleston, South Carolina, Ingevity has a global presence with operations in 31 countries and employs approximately 1,600 people.
YTD Price Performance: 19.78%
Average Trading Volume: 240,609
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.72B
See more data about NGVT stock on TipRanks’ Stock Analysis page.