Valtris Appoints Mike McGaugh as New CEO to Drive Growth Strategy
Written by Emily J. Thompson, Senior Investment Analyst
Source: Businesswire
- New CEO Appointment: Valtris Specialty Chemicals has appointed Mike McGaugh as the new CEO, succeeding retiring Simon Medley, who has made significant contributions over the past three years, ensuring a smooth leadership transition.
- Rich Industry Experience: McGaugh brings over 30 years of leadership experience in the chemical and materials industries, having served as CEO of Myers Industries, and his extensive background is expected to strongly support Valtris's future growth.
- Strategic Collaboration Outlook: McGaugh expressed excitement about partnering with SK Capital and Valtris colleagues to continue unlocking the company's potential, indicating a focus on teamwork and strategic execution in future developments.
- Global Business Presence: Valtris operates seven manufacturing locations across North America, Europe, and Asia, employing approximately 600 people, and is committed to providing innovative sustainable solutions for various industries, showcasing its extensive global reach and market impact.
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Analyst Views on DOW
Wall Street analysts forecast DOW stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for DOW is 25.71 USD with a low forecast of 20.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
1 Buy
13 Hold
1 Sell
Hold
Current: 27.780
Low
20.00
Averages
25.71
High
32.00
Current: 27.780
Low
20.00
Averages
25.71
High
32.00
About DOW
Dow Inc. serves as a holding company for The Dow Chemical Company and its subsidiaries. The Company conducts its operations through six global businesses, which are organized into segments, such as Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure and Performance Materials & Coatings. Packaging & Specialty Plastics segment consists of two integrated global businesses: Hydrocarbons & Energy and Packaging and Specialty Plastics. This segment employs a polyolefin product portfolio. Industrial Intermediates & Infrastructure segment consists of two customer-centric global businesses: Industrial Solutions and Polyurethanes & Construction Chemicals that develop intermediate chemicals that are essential to manufacturing processes, as well as downstream, customized materials and formulations that use advanced development technologies. Performance Materials & Coatings segment consists of two global businesses: Coatings & Performance Monomers and Consumer Solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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