Huntsman Corporation has recently announced that Sean Douglas, 56, has notified the Company he intends to resign as Executive Vice President and Chief Financial Officer and accept a full-time calling to The Church of Jesus Christ of Latter-day Saints. The effective date of Mr. Douglas’s resignation will be July 1, 2021.
“On behalf of Huntsman, I want to thank Sean for his very many contributions over the past 30 years,” said Peter Huntsman, Chairman of the Board, President, and CEO. “During his long career, Sean has done everything we have ever asked him to do with the highest level of professional competence and ethical clarity.
He has played an instrumental role in supporting the execution of the Company’s strategic vision, transforming our balance sheet into an investment-grade and transitioning our product portfolio to more downstream, differentiated, and specialty chemical products. He has been a great role model for all our associates and he is my close friend.
All of us wish Sean success in this next chapter of his life.”
The Company has initiated a search for a permanent Chief Financial Officer with the credibility, capability, and qualifications to continue effective execution of its financial and business strategies and is evaluating both internal and external candidates at this time. Mr. Huntsman expects to have the new CFO in place before July 1, 2021, the effective date of Sean’s resignation.
