Compass Minerals, a leading global provider of essential minerals, today announced the election of Vance O. Holtzman to the company’s board of directors at its fiscal 2024 annual meeting of shareholders. Holtzman was nominated for appointment by Koch Industries Inc. (Koch), pursuant to the terms of the strategic equity investment in Compass Minerals in 2022 by Koch Minerals and Trading LLC (KM&T), a Koch subsidiary.
“Vance brings to our board proven financial expertise and considerable experience working with extractive companies like ours. I’m excited for his input and collaboration as we continue our efforts to optimize production and drive sustainable free cash flow,” said Joe Reece, non-executive chairman of the board. “I would also like to thank Jon Chisholm and Jill Gardiner for the contributions they each made during their respective tenures of service on our board.”
Holtzman currently serves as the senior vice president of investments at KM&T. Prior to that position, which he has held since 2018, he served in a number of other roles of increasing responsibility at Koch Minerals (KM&T’s predecessor), including as chief financial officer. Before joining Koch, Holtzman was a relationship manager at Cullen Frost Bank. He is currently a member of the board of directors of KOMSA, PQ Corporation and Hybar LLC.
Holtzman earned a Bachelor of Science in business administration from the University of Kansas and a Master of Business Administration in energy finance from the University of Texas.
Former board members Jon Chisholm and Jill Gardiner did not stand for reelection at the annual meeting. With these changes, the board of directors is now eight members.
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