Vice president and corporate controller will serve as interim CFO
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Nov. 2, 2016--
Compass Minerals (NYSE:CMP) announced today that its chief financial
officer, Matthew Foulston, is departing the company to assume the role
of chief financial officer at a Chicago-based public company. His last
day with Compass Minerals will be December 1, 2016.
Effective immediately, current vice president and corporate controller,
John Craft, has been named interim chief financial officer while the
company conducts the process to identify a full-time successor.
“Matthew has been an important member of our leadership team, ensuring
financial discipline as we execute our strategic growth plan, and has
built a strong finance team,” stated Fran Malecha, Compass Minerals
president and CEO. “With John’s experience in a variety of finance and
accounting leadership roles, I am confident he will provide steady
leadership as interim CFO.”
Craft has been with Compass Minerals since March 2015, when he joined
the company as vice president of internal audit and compliance. Shortly
after joining the company, he was named vice president and corporate
controller. In this role he has been instrumental in enhancing the
financial control environment, improving the company’s financial
reporting processes and facilitating the centralization of finance
functions to reduce costs and increase efficiency.
Prior to joining Compass Minerals, Craft served as chief financial
officer at Delphi Connection Systems-Americas. During his tenure, he was
responsible for all finance and accounting activities in North and
Central America. He has also held finance leadership positions at FCI
Corporation and D&M Holdings, Inc. Craft was with Ford Motor Company for
20 years, where he held numerous finance and accounting positions with
increasing responsibility.
About Compass Minerals
Compass
Minerals is a leading provider of essential minerals that solve
nature’s challenges, including salt for winter roadway safety and other
consumer, industrial and agricultural uses, and specialty plant
nutrition minerals that improve the quality and yield of crops. Named
one of Forbes’ 100 Most Trustworthy Companies in America in 2015 and
2016, Compass Minerals’ mission is to be the best essential minerals
company by delivering where and when it matters. The company produces
its minerals at locations throughout the U.S., Canada, Brazil and the
U.K. For more information about Compass Minerals and its products,
please visit www.compassminerals.com.
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Source: Compass Minerals
Compass Minerals
Media Contact
Tara Hart,
+1-913-344-9319
Manager of Corporate Affairs
MediaRelations@compassminerals.com
or
Investor
Contact
Theresa Womble, +1-913-344-9362
Director of
Investor Relations
womblet@compassminerals.com