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Lsb Industries ( (LXU) ) has issued an update.
In August 2024, LSB Industries announced the immediate retirement of Richard Roedel as Chairman of the Board due to personal health reasons. Mark Behrman, the company’s President and CEO, has been elected as the new Chairman, while Lynn White has been appointed as Lead Independent Director. This leadership transition aims to maintain stability and continue the company’s growth trajectory, particularly in its pursuit of becoming a leader in the global energy transition. Roedel will remain on the board until a successor is found, ensuring an orderly transition.
More about Lsb Industries
LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, is a company focused on the energy transition through the production of low and no carbon products. It delivers essential products across the agricultural, industrial, and mining sectors and plans to expand into energy markets. The company manufactures ammonia and ammonia-related products at facilities in Cherokee, Alabama, El Dorado, Arkansas, and Pryor, Oklahoma, and operates a facility in Baytown, Texas.
YTD Price Performance: -14.42%
Average Trading Volume: 380,379
Technical Sentiment Signal: Buy
Current Market Cap: $473.5M
For an in-depth examination of LXU stock, go to TipRanks’ Stock Analysis page.