[Pasadena, Texas] – May 27, 2015
Dixie’s Board of Directors announced today the retirement of Charles (Chuck) Bennett from his position of President and CEO of Dixie Chemical Company, effective June 1, 2015. As Chuck retires from his day-to-day responsibilities, he will continue to be an investor in Dixie as well as a Consultant to the Company. In addition, Chuck has agreed to serve on Dixie’s Board of Directors. The Houston Business Journal reported the news of Chuck’s retirement in their May 25th article.
The Board also announced that Doug Patterson, Vice Chairman of Dixie’s Board of Directors, and Mike Gromacki, Senior Vice President of Dixie, will assume Mr. Bennett’s operating responsibilities, continuing to lead and direct Dixie’s internal and external growth strategies.
David Evans is Chairman of Glencoe Capital Holdings, LLC, the majority shareholder of Dixie Chemical Company, and the Chairman of the Board of Directors of Dixie. Mr. Evans stated, “On behalf of Glencoe and the Dixie Board of Directors, I would like to thank Chuck for his six years of service and leadership of Dixie. Under Chuck’s stewardship, Dixie has grown its product-lines and significantly grown its revenues and profitability. All of us are very grateful to Chuck for his leadership and commitment to the Company.”
Mr. Evans added, “Glencoe is very pleased and excited about its continuing significant investment in Dixie Chemical and the opportunity to continue to grow Dixie in the years ahead.”
About Dixie Chemical Company
Since 1946, Dixie Chemical has been committed to manufacturing high-quality, high-performance products that improve our world. With 300 customers in 25 countries, Dixie Chemical is a proven partner for open innovation in thermoset materials, alkaline paper sizing, and fuel and lube markets. For more information, visit www.dixiechemical.com.