Minerals Technologies Names Thomas Stam To Head Construction Technologies Business Segment
(Thomson Reuters ONE) -
NEW YORK, August 24, 2016-Minerals Technologies Inc., (NYSE: MTX) announced
today that it has named Thomas Stam Vice President, MTI & Managing Director of
the Construction Technologies business segment. Mr. Stam, whose most recent
position was Senior Vice President of Building Materials and Environment
Products, within the Construction Technologies segment, will succeed Patrick
Carpenter, who is leaving the company to pursue other interests.
Mr. Stam will report to Joseph C. Muscari, Chairman and Chief Executive of
Minerals Technologies. Construction Technologies, which operates as CETCO®, is
an industry-leading provider for commercial, industrial and infrastructure
construction projects worldwide, and consists of Building Materials & Other
Products and Environmental Products. The Environmental Products Group is the
world-leading supplier of Geosynthetic Clay Liners for industrial, hazardous and
municipal solid-waste landfills, mining sites, and for containment of
challenging residues such as coal ash from coal-fired electrical generation and
red mud from alumina processing. The business segment had annual revenues of
$180.1 million in 2015.
"Tom Stam has extensive experience in the construction industry, including
intimate knowledge of the worldwide markets in which the business segment
operates," said Mr. Muscari. "We are very pleased that he will be taking on this
new role in which he will drive growth, especially by taking advantage of the
environmental opportunities in China."
Mr. Stam joined the company in 1989 as a regional sales manager. He left what
was then American Colloid Company in 1995, but returned as Director, Business
Development, in 2002, after serving seven years in project management for a
subsidiary of Waste Management. In 2005, he was promoted to Group Manager, North
America, Building Materials, Construction Technologies. He became Vice
President, Building Materials, Construction Technologies, in 2011, and he
assumed the position of Senior Vice President, Building Materials and
Environmental Products for the business unit in February 2016.
Mr. Stam holds a Bachelor of Science degree in Geology from Eastern Illinois
University.
New York-based Minerals Technologies Inc. is a resource- and technology-based
growth company that develops, produces and markets worldwide a broad range of
specialty mineral, mineral-based and synthetic mineral products and related
systems and services. MTI serves the paper, foundry, steel, environmental,
energy, polymer and consumer products industries. The company reported sales of
$1.798 billion in 2015.
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For further information about Minerals Technologies Inc. look on the internet at
http://www.mineralstech.com/
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Contact:
Rick B. Honey
(212) 878-1831
Paul J. Donnelly
(212) 878-1840
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Minerals Technologies Inc via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 24.08.2016 - 16:38 Uhr
Sprache: Deutsch
News-ID 490955
Anzahl Zeichen: 3672
contact information:
Town:
New York
Kategorie:
Business News
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