Ingevity (NGVT) Appoints Kevin Willis to its Board

Ingevity Corporation (NYSE: NGVT) today announced the election of J. Kevin Willis to the board of directors effective today. With Mr. Willis’s election, the Board now includes nine directors, eight of whom are independent.

Mr. Willis is senior vice president and chief financial officer (CFO) at Ashland Inc., a global additives and specialty ingredients company serving a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceuticals. As CFO, he oversees Ashland's worldwide financial functions and processes, and as a member of Ashland's executive committee, he shares overall responsibility for setting global strategy, managing capital and upholding the company’s operating principles. During Mr. Willis’ 37-year tenure at Ashland, he has held accounting, finance and treasury management roles of increasing responsibility, including an international posting in the Netherlands to standardize processes across European operations.

Jean Blackwell, chair of Ingevity’s board, said, “Kevin is an accomplished leader with extensive experience as CFO of a publicly traded, sustainability-focused specialty chemicals company with international reach. Over the course of his career, he has had an integral role in shaping strategies that create shareholder value through returns-driven capital allocation planning, operating efficiencies initiatives and business portfolio separations, including Ashland’s successful separation from Valvoline. We are confident that Kevin’s insights will be additive to the strategic and operating changes Ingevity is making to accelerate execution and deliver significant, sustainable value creation.”

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