Stepan appoints new chief executive officer

Stepan appoints new chief executive officer

8:04 AM, 21st October 2016

NORTHFIELD, US: Stepan Company said that its chairman, F Quinn Stepan will retire from his position, effective 31 December. He served as chairman since 1984, previously served as chief executive officer (CEO) of the company from November 1984 to December 2005. And he will continue to serve as a member of the board of directors.

The board of directors appointed F Quinn Stepan Jr, to succeed F Quinn Stepan as the company’s new president, CEO and a director.

"My father's incredible passion for Stepan Company over the past 55 years has been instrumental to our company's profitable growth and expansion. Working with Stepan employees throughout the world to provide innovative solutions for customers and to build a global manufacturing network to deliver them, my father generated significant value for our shareholders. We are grateful for his leadership and his contributions to our past and future growth,” said F Quinn Stepan Jr.

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