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Directors
Bobby L. Latham
Chairman of the Board
Mr. Latham has been Chairman of the Board since May 2003. He is currently a managing director of Amaryn Group LLC, a partnership formed to explore investment opportunities in the chemical and manufacturing industries. From 1995 to 2000, Mr. Latham served as a consultant to MSLEF II portfolio companies. From 1994 to 1995, he served as a Senior Vice President at Terra Nitrogen Corp. From 1991 to 1994, Mr. Latham served as Chief Operating Officer of Beaumont Methanol Corp. From 1990 to 1994, he served as Chief Operating Officer of Agricultural Minerals Corp. Mr. Latham has twenty three years experience in methanol and fertilizer manufacturing as well as significant experience in strategic and operational planning. He has also worked with the MSCP funds in evaluating numerous investment opportunities. Mr. Latham is also a director of Terphane, a manufacturer of special polyester films. Mr. Latham is a member of Class I of the board of directors.
Leigh J. Abramson
Mr. Abramson has been a director since May 2003. He is a Managing Director of Metalmark Capital, LLC and a Managing Director of Citi Alternative Investments, Inc. He joined Morgan Stanley in 1990 and Morgan Stanley Capital Partners in 1992. Mr. Abramson is a director of Aqua Management, Concert Capital, CP Power and SynQor and is also a director of several private companies. Mr. Abramson is a member of Class III of the board of directors.
Theodore H Butz
Mr. Butz has been a director since September 2008. Mr. Butz is currently Vice President and General Manager, Specialty Chemicals Group for FMC Corporation, based in Philadelphia, Pennsylvania. He has been FMC’s Vice President, Specialty Chemicals Group since 2003 and is responsible for specialty chemicals businesses. The Specialty Chemicals Group supplies the food, pharmaceutical, polymers and energy storage markets. In addition to his general management responsibility, he also leads FMC’s corporate development and health and safety functions. He has held various management positions at FMC Corporation since beginning with them in 1991.
Richard A. Derbes
Mr. Derbes has been a director since May 2003. He was head of Morgan Stanley’s Investment Banking client coverage for the Chemical Industry from 1986 until he retired in December 2001 (except for about a year and a half in 1993-1994, when he was with Gleacher & Co.). Prior to that, he was a sell-side equity research analyst for Morgan Stanley and other investment banks from 1976 until 1985. He was a member of the Institutional Investor All-American Team for the chemical industry for nine years. He has been an advisor to the MSCP funds on numerous chemical opportunities. Mr. Derbes is a member of Class II of the board of directors.
Farokh S. Hakimi
Mr. Hakimi has been a director since May 2006. Since August 2006, he has held the position of President and CEO of Viridian Resources, LLC, a private US-based start-up company involved in development of new technology for recovery of nickel and cobalt from low grade deposits. Prior to that, he was Executive Vice President of Inco Limited, a mining and metal company, from November 2005 until March 2006. From March 2002 until November 2005, he served as Executive Vice President and Chief Financial Officer, having previously served as Inco's Chief Development Officer from January 2002 until March 2002. Mr. Hakimi was Vice President and Chief Financial Officer of Rio Algom Limited, a global mining and metals company based in Toronto, Ontario from January 2000 until July 2001. Mr. Hakimi is a member of Class I of the board of directors.
Michael C. Hoffman
Mr. Hoffman has been a director since January 2006. He is a Managing Director of Metalmark Capital LLC and a Managing Director of Citi Alternative Investments Inc. He joined Morgan Stanley & Co. Incorporated in 1986 and worked in the firm’s Strategic Planning Group prior to joining Morgan Stanley Capital Partners in 1990. Mr. Hoffman is a Director of American Color Graphics, Inc., Hunter Defense Technologies and EnerSys. Mr. Hoffman was previously a director of Aventine from 2003 until 2005.
Wayne D. Kuhn
Mr. Kuhn has been a director since May 2003. He was a partner in Sorgenti Investment Partners from 1997 to 2007, a chemical expertise group that explores investment opportunities in the chemical industry. He is currently engaged as a consultant in the chemical industry. He spent 30 years at Arco and was instrumental in developing Arco's position as the world's largest manufacturer of MTBE, a gasoline additive. He retired as Vice President of Arco where he was in charge of a $3 billion worldwide business which included Arco's commodity chemicals for the urethane industry as well as specialty chemicals. Mr. Kuhn is a member of Class III of the board of directors. He serves as chairman of the Compensation Committee and serves on the Nominating and Governance Committee.
Arnold M. Nemirow
Mr. Nemirow has been a director since March 2007. Mr. Nemirow retired in 2006 as Chairman, President and Chief Executive Officer of Bowater Incorporated, a major producer of forest products, based in Greenville, South Carolina. He became Chief Executive Officer of Bowater in 1995 and Chairman in 1996. He served as President of Bowater since September 1994 and served as Chief Operating Officer of Bowater from September 1994 through February 1995. Mr. Nemirow is a member of Class II of the board of directors.
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