This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Douglas T. Dietrich To Succeed John A. Sorel As Senior Vice President And Chief Financial Officer Of Minerals Technologies Inc.

Minerals Technologies Inc. (NYSE: MTX) announced today that Douglas T. Dietrich has been appointed senior vice president and chief financial officer effective January 1, 2011. Mr. Dietrich, vice president, Business Development and Treasury, will succeed John A. Sorel, who is retiring from the company early in 2011 after 37 years of service.

“We are fortunate to have someone of Doug Dietrich’s caliber and business experience to step into the position that has been so competently filled by John Sorel,” said Joseph C. Muscari, chairman and chief executive officer. “For the remainder of 2010, Mr. Sorel, who has made numerous significant contributions to the growth and success of Minerals Technologies, will be actively involved in the transition of responsibilities.”

Douglas T. Dietrich joined the company as head of Corporate Development and Treasury in August 2007. Before joining Minerals Technologies, Mr. Dietrich was vice president, Alcoa Wheel Products—Automotive Wheels, a global division with six manufacturing facilities located in the U.S., Canada, Venezuela, and Russia.

During his tenure at Alcoa, he also served as president, Alcoa Latin America Extrusions, with operations located in Brazil, Venezuela, the United States, Korea and Russia; general manager, Global Rod and Bar Products, producing specialty alloys for the Automotive and Aerospace industry; and as manager, Business Development and Strategic Global Sourcing—Asia & Latin America, where he developed and implemented a low-cost country sourcing strategy with focus on China and Brazil.

Before joining Alcoa, Mr. Dietrich worked for Eaton Corporation and Westinghouse Electric Corporation where he held various positions in Engineering and Operations Management.

Doug Dietrich holds an MBA in Finance from The Wharton School at the University of Pennsylvania and a Bachelor of Science degree in Mechanical Engineering from the University of Michigan.

John Sorel began his career as assistant controller with the Pfizer Minerals, Pigments and Metals Division in 1973 and over the years moved into roles of increasing responsibility. After Minerals Technologies became an independent company from Pfizer in 1992, he moved from Finance to Operations, where as vice president and managing director-Paper PCC, he was instrumental in expanding the company’s PCC business internationally. In November 2002, he was appointed senior vice president-Finance, chief financial officer and treasurer.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
MTX $58.24 -0.38%
AAPL $94.19 -1.04%
FB $118.06 0.54%
GOOG $695.70 0.48%
TSLA $222.56 -4.20%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs