NL Industries, Inc. Announces Retirement of Kelly D. Luttmer, Executive Vice President and Chief Tax Officer
March 18, 2020 at 04:19 pm EDT
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NL Industries, Inc. announced that on March 13, 2020, Kelly D. Luttmer, executive vice president and chief tax officer of the registrant, provided notice to the registrant that, effective as of June 1, 2020, she will retire as an officer of the registrant. Following such retirement notice of Ms. Luttmer, the registrant’s board of directors took action, also effective as of June 1, 2020, to: elect Darci B. Scott as vice president, tax of the registrant; and designate Ms. Scott as an executive officer of the registrant. Ms. Scott, age 45, has served in various tax accounting positions with various companies related to the registrant and Contran since 2006 and currently serves as vice president, tax of Valhi. Beginning June 1, 2020, she will also serve as an executive officer of CompX as its vice president, tax and of Valhi as its vice president, tax – financial reporting.
NL Industries, Inc. is a holding company. The Company operate in the component products industry through its subsidiary, CompX International Inc. (CompX). CompX manufactures engineered components that are sold to a variety of industries. Through its Security Products operations, CompX manufactures mechanical and electronic cabinet locks and other locking mechanisms used in postal, recreational transportation, office and institutional furniture, cabinetry, tool storage and healthcare applications. CompX also manufactures wake enhancement systems, stainless steel exhaust systems, gauges, throttle controls, trim tabs and related hardware and accessories for the recreational marine and other industries through its Marine Components operations. It also operates in the chemicals industry through its noncontrolling interest in Kronos Worldwide, Inc. (Kronos). Kronos is a global producer and marketer of value-added titanium dioxide pigments (TiO2), a base industrial product.
NL INDUSTRIES, INC. 
