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Huntsman Announces New VP, CFO

Thursday, June 24, 2021

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Specialty chemicals manufacturer Huntsman Corporation recently announced that it has appointed Phil Lister as Executive Vice President and Chief Financial Officer.

The appointment goes into effect July 1.

Lister will replace longtime company veteran Sean Douglas and report to Huntsman's Chairman, President and CEO, Peter Huntsman, and will oversee the company's accounting, financial reporting, financial planning and analysis, corporate development, information technology, internal audit, investor relations, and tax and treasury functions.

“After an extensive review of both internal and external candidates, we are pleased to announce the appointment of Phil Lister,” Huntsman said. “As the head of M&A, Phil has been instrumental in executing the Company's portfolio management strategy. He has completed seven transactions in the past three years, that have allowed us to focus further downstream and on our specialty businesses, reduce our debt, strengthen our balance sheet, and improve our trading multiple. In short, Phil has played and is playing a vital role in the remaking of our business.”

“As our Company continues to aggressively transform organically and through acquisitions, Phil's 25 years of experience, knowledge and strategic vision will only strengthen our continuous efforts to create further shareholder value.”

About Lister

According to the company, Lister has spent his entire career at Huntsman or its predecessors, starting in the polyurethanes division of Imperial Chemical Industries, which Huntsman acquired in 1999.

He brings to this new role 25 years of experience and an extensive background in financial planning and operations, business management and strategic development at both divisional and corporate levels, most recently in his current position as Vice President of Corporate Development.

As VP, Corporate Development, Lister completed a series of acquisitions and dispositions critical to the execution of the Company's key strategic initiatives, the company noted. These transactions, valued at more than $3.5 billion, have resulted in a transformation of the company's portfolio.

Lister holds a bachelor's degree in Business and German from the University of Birmingham, U.K., and is a member of the Chartered Institute of Management Accountants.


Tagged categories: Asia Pacific; Business matters; EMEA (Europe, Middle East and Africa); Good Technical Practice; Huntsman; Latin America; North America; Personnel; Personnel changes; Z-Continents

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