Business
Calumet Specialty Products Partners, L.P. Announces the Appointment of H. Keith Jennings as Executive Vice President and Chief Financial Officer
INDIANAPOLIS, Oct. 28, 2019 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Company", "Partnership" or "Calumet") a leading
About this update from Calumet, Inc
[{"type":"text","content":"INDIANAPOLIS, Oct. 28, 2019 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the \"Company\", \"Partnership\" or \"Calumet\") a leading independent producer of specialty hydrocarbon and fuels products, has named H. Keith Jennings as the Partnership's Executive Vice President (EVP) & Chief Financial Officer (CFO). Jennings will assume EVP and CFO duties on January 1, 2020 following an orderly transition with the current EVP & CFO, West Griffin, who announced he will leave the organization effective January 1, 2020. As CFO, Jennings will help execute Calumet's ongoing transformation strategy to become a premier specialty products company. He will lead all treasury, accounting, tax, IT and capital market activities and be charged with managing the partnership's balance sheet and improving its corporate finance capabilities.\nTim Go, Chief Executive Officer, said, \"We are excited to welcome Keith to Calumet and believe that he brings a deep skillset to our finance team as well as strong corporate finance experience in the global specialty chemicals sector. Keith's experience, acumen, and insights are going to be highly-valued as we continue to transition Calumet's portfolio towards specialty chemicals products, and his appointment to the CFO role marks another step forward in our greater transformation as a company.\"\nKeith Jennings added, \"I am excited to be joining the Calumet team, the organization has strong momentum and has repositioned itself for long-term growth towards becoming a specialty chemicals company. This is a great opportunity to apply my experience to help advance Calumet's vision. In my role as CFO, I will drive our continued deleveraging and balance sheet improvement efforts, bring an additional process improvement mindset, while also applying my industry background as we look to grow the Partnership's core specialty business.\"\nJennings has over 25 years of financial experience, including specialty chemicals experience. Jennings joins Calumet from Eastman Chemical Company where he served most recently as Vice President, Finance responsible for leading all financial planning and analysis activity for the company. Prior to this, he served as Vice President and Treasurer for Eastman, having responsibility for developing long-term financing strategies. Prior to this, Jennings was...