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McHale will step down from his CEO and board positions on June 10, 2021, but will remain with Graco Inc. through September 15, 2021, to assist with the leadership transition.
Graco Inc. recently announced that Mark W. Sheahan has been appointed president and chief executive officer of the company effective June 10, 2021, succeeding Patrick J. McHale, who announced plans to retire from the company.
Huntsman Corp. announced the appointment of Jeanne McGovern to its board of directors and also the formation of a committee to oversee matters regarding sustainability.
The company reports that its 2020 fiscal year was overshadowed by the COVID-19 pandemic, which had a number of severe effects for the construction and automotive sectors.
Arkema recently announced that Bostik will reinforce its presence in the fast-growing Brazilian construction adhesives market with the planned acquisition of Poliplas Ltda., a producer of hybrid technology sealants and adhesives.
Ashland Global Holdings Inc. recently announced preliminary financial results for the first quarter of its 2021 fiscal year, which ended December 31, 2020.
Emerald Kalama Chemical recently announced that affiliates of its majority owner, American Securities LLC, have entered into a definitive agreement to sell Emerald to LANXESS AG.
Phil LaFata has experience starting manufacturing companies and has held executive leadership positions in plastics casting and coating companies focused on the graphics industry.