HOUSTON, Sept. 19, 2016 /PRNewswire/ -- ALTIVIA today announced that Frank J. Hayes will join the company as Chief Financial Officer, effective October 3, 2016. Hayes will replace the company's current CFO, Fred Stahelin, who is retiring after 16 years of service with the company.
"Frank's 35 year career at DuPont in a variety of global businesses will complement ALTIVIA's recent expansion into petrochemicals and specialty chemicals," said J. Michael Jusbasche, ALTIVIA's Chief Executive Officer.
Hayes' assignments at DuPont have included chief financial officer for DuPont Sustainable Solutions, global finance manager for DuPont Building Innovations, and global finance and planning manager for DuPont Fluoropolymers, all based in Wilmington, Delaware. Hayes also spent four years in Singapore as a finance manager for the Dow-DuPont Elastomers Joint Venture. Earlier in his career, Hayes worked as a line manufacturing supervisor at DuPont's Coatings Plant in Moberly, Missouri.
Hayes holds a Bachelor of Science degree in Management Information Systems and an MBA with a concentration in Production Management, both from Saint Joseph's University in Philadelphia, Pennsylvania.
Headquartered in Houston, Texas, privately held ALTIVIA was founded in 1986 and today is the largest merchant producer of Phosgene derivative intermediates in the Americas, including chloroformates and acid chlorides, serving pharmaceutical, organic peroxide and agricultural markets. In November 2015, ALTIVIA acquired the former SUNOCO petrochemical facilities in Haverhill, Ohio, the third largest merchant producer of Phenol, Acetone and Alpha Methylstyrene in the Americas. ALTIVIA is also a producer of iron-based salts serving municipal and industrial customers with a broad range of chemical solutions, including products formulated for specific water treatment applications.
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