On February 28, 2020, James M. Pach, Vice President, Treasurer and Controller and Principal Financial Officer of Fuel Tech, Inc. (Company or Registrant), resigned from employment with the Registrant effective March 13, 2020 to pursue another opportunity. In anticipation of Mr. Pach's resignation, with effect on March 14, 2020, the Board of Directors of the Company on March 5, 2020 appointed Ellen T. Albrecht, age 47, to serve in an interim capacity as Acting Treasurer and Controller and Principal Financial Officer of the Company. In connection with her appointment, Ms. Albrecht is not expected to receive any additional compensation at this time for her interim role.
Prior to the time of her aforementioned appointment, Ms. Albrecht served as the Company's Vice President, Operations Planning and Control since May 2012; and also previously served as the Company's acting Treasurer and Chief Financial Officer from March 2010 to July 2010; Vice President, Controller since January 2007; Controller since February 2004; Accounting Manager since May 2000; Senior Accountant since May 1998; and Accountant since July 1996.
Fuel Tech, Inc. is a technology company, which is engaged in the development, commercialization and application of proprietary technologies for air pollution control, process optimization, water treatment and advanced engineering services. It has two segments: Air Pollution Control technology and FUEL CHEM technology. The Air Pollution Control technology segment includes technologies to reduce oxides of nitrogen (NOx) emissions in flue gas generated by the firing of natural gas or coal from boilers, incinerators, furnaces and other stationary combustion sources. These include NOxOUT and HERT Selective Non-Catalytic Reduction (SNCR) systems, and Selective Catalytic Reduction (SCR) systems. The FUEL CHEM technology segment uses chemical processes in combination with advanced computational fluid dynamics and chemical kinetics modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in coal-fired furnaces and boilers.
FUEL TECH, INC. 
