This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Calgon Carbon Corporation Announces The Appointment Of Randall Dearth As President And Chief Executive Officer And Seth Schofield As Independent Chairman Of The Board

Stocks in this article: CCC

Calgon Carbon Corporation (NYSE: CCC) announced today that its board of directors has appointed Randall S. Dearth (age 48) as Calgon Carbon Corporation’s new president and chief executive officer effective August 1, 2012. Previously the company announced that John S. Stanik would retire. Mr. Stanik’s retirement will be effective on July 31, 2012. Also, the company has announced that the board has appointed Seth E. Schofield as its independent chairman to be effective on August 1, 2012.

Since 2004, Mr. Dearth has served as the president and CEO of LANXESS Corporation, an international chemical manufacturer that was spun out of the Bayer Group. From 2002 until the carve-out of LANXESS, he was the president and CEO of Bayer Chemicals Corporation. Mr. Dearth started his career with Bayer in 1988 and held various positions within the company including sales, marketing, product management and applications development. Mr. Dearth holds a B.A. in Chemistry from Hiram College and an M.S. in Polymer Science and Engineering from Case Western Reserve University. He has also served as a member of Calgon Carbon’s board of directors since 2007.

Commenting on Mr. Dearth’s appointment, Mr. Schofield said, “The board is extremely fortunate to have someone of Randy’s successful business experience and in-depth understanding of Calgon Carbon’s businesses to become our CEO. Having served on our board for more than four years, he is the perfect candidate to direct Calgon Carbon’s continuing growth, while focusing on profitability.”

Mr. Dearth added, “I am very excited to take on this new opportunity and to help further establish Calgon Carbon as a leader in providing environmental solutions to the various markets it serves. Having worked in the chemical industry for over twenty years, I believe my experience in global marketing, innovation, and corporate administration will be an asset to the company. I know from my time on the board that Calgon Carbon has a great global platform to build upon with experienced and dedicated employees. I look forward to working with them as we continue to grow the company’s traditional business and pursue its emerging growth opportunities – ballast water treatment, disinfection byproducts, mercury removal, and reactivation expansion.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,659.92 -12.68 -0.07%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs