Ingevity Corporation Names John C. Fortson as CEO, Effective September 1, 2020
August 24, 2020 at 06:15 am EDT
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Ingevity Corporation announced that it has named John C. Fortson as the company’s CEO. Fortson had previously served as Ingevity’s executive vice president, CFO and treasurer. The appointment will be effective September 1, 2020. Over the past six months, a CEO Search Committee, led by Michael Fitzpatrick, chair of the board’s Nominating, Governance and Sustainability Committee—with the help of executive search firm Spencer Stuart—conducted an exhaustive search including internal and external candidates. Fortson joined Ingevity in October 2015 from AAR Corporation where he served as vice president, chief financial officer and treasurer since July 2013. Fortson will continue to serve as the company’s CFO and treasurer on an interim basis until a permanent replacement is named.
Ingevity Corporation is engaged in developing, marketing, and bringing to market solutions that are renewably sourced. The Company operates through three segments: Performance Materials, Performance Chemicals, and Advanced Polymer Technologies. Performance Materials segment engineers, manufactures, and sells hardwood-based, chemically activated carbon products, which are produced through a technical and specialized process primarily for use in gasoline vapor emission control systems in cars, trucks, motorcycles, and boats. Performance Chemicals segment is comprised of two product lines: road technologies and industrial specialties. Its products are utilized in pavement construction, preservation, reconstruction and recycling, agrochemical dispersants, paper chemicals and other diverse industrial uses. Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers for use in coatings, resins, elastomers, adhesives, bioplastics, and medical devices.