Chemtrade Logistics Welcomes New Board Member: Suzann Pennington
Chemtrade Logistics Strengthens Board with New Appointment
Chemtrade Logistics Income Fund (TSX: CHE.UN) recently made headlines with the announcement of the appointment of Suzann Pennington to its Board of Trustees. This decision marks a significant step in the company’s journey as it strives to enhance its governance and strategic direction.
Introducing Suzann Pennington
Suzann Pennington comes armed with an impressive background, having accumulated over 30 years of experience in various high-stakes roles across both public and private sectors. Her expertise spans strategic planning, complex investments, mergers and acquisitions, as well as risk management and sustainability.
Extensive Experience in Financial Leadership
Previously, she served as the Managing Director and Chief Investment Officer at CIBC Global Asset Management, where she oversaw a staggering $110 billion in financial assets. Her career includes senior leadership positions, such as Vice President at Mackenzie Financial and playing a pivotal role as a founding partner in a mutual fund firm.
Academic and Professional Credentials
Suzann holds a Bachelor of Mathematics from the University of Waterloo, along with prestigious designations including Chartered Financial Analyst and ICD.D from the Institute for Corporate Directors. Her solid foundation in finance and governance is expected to contribute significantly to Chemtrade’s Board.
About Chemtrade Logistics
Chemtrade operates a varied business model, providing essential industrial chemicals and services to a broad clientele across North America and internationally. Among its many contributions, Chemtrade is recognized as one of the leading suppliers of sulphuric acid and related processing services.
Product and Service Offerings
The company supplies a diverse range of products, including inorganic coagulants used in water treatment, sodium chlorate, and sodium nitrite. Furthermore, Chemtrade stands out as a major producer of high purity sulphuric acid tailored for the semiconductor industry in North America.
Innovative Industrial Services
Beyond these chemical offerings, Chemtrade delivers innovative industrial services, specializing in the processing of by-products and waste streams. This integrated approach not only supports their clients but also fosters sustainable practices within the industry.
Future Prospects for Chemtrade
With the addition of Suzann Pennington to its Board, Chemtrade is poised for an exciting future. Her extensive experience and insights are likely to propel the company towards achieving its long-term goals while upholding its commitment to delivering value to stakeholders.
Frequently Asked Questions
What is the role of Suzann Pennington in Chemtrade?
Suzann Pennington has been appointed to the Board of Trustees, bringing her extensive financial and strategic experience to the organization.
What kind of products does Chemtrade offer?
Chemtrade provides a wide range of industrial chemicals including sulphuric acid, sodium chlorate, and various coagulants for water treatment.
How many years of experience does Suzann Pennington have?
She has over 30 years of experience in strategic planning and financial leadership roles.
Where is Chemtrade based?
Chemtrade operates primarily in North America, serving customers around the globe.
What industry does Chemtrade serve?
Chemtrade serves various industries, supplying chemicals and services essential for processes in sectors such as water treatment and semiconductors.
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