Trecora Resources Announces Nomination of Karen A. Twitchell for Election to Board of Directors
SUGAR LAND, Texas, April 15, 2015 /PRNewswire/ -- Trecora Resources (NYSE: TREC) a leading provider of high purity specialty hydrocarbons and waxes, today announced the nomination of Karen A. Twitchell for election to the Company's Board of Directors. Ms. Twitchell will stand for election as an independent director at Trecora's 2015 Annual Meeting of Stockholders which is scheduled for Wednesday, May 20, 2015.
Ms. Twitchell brings over 35 years of experience in financial management, including financings, mergers and acquisitions, investor relations, accounting and enterprise risk management. From 2010 to 2013, Ms. Twitchell served as the Executive Vice President and Chief Financial Officer of Landmark Aviation where she was responsible for all financial and strategic planning functions. Previously, she was Vice President and Treasurer of LyondellBasell Industries and Lyondell Chemical Company from 2001 to 2009. Prior to that she was Vice President and Treasurer of Kaiser Aluminum Corporation and Southdown, Inc., and began her career as an investment banker with Credit Suisse First Boston.
"The addition of Karen Twitchell will add significant depth and breadth to our outstanding board of directors," said Nick Carter, Chairman and CEO of Trecora Resources. "Karen is an accomplished financial executive with expertise in the chemicals industry, and her broad knowledge of financial management will be a valuable asset to our Company."
Ms. Twitchell holds a Masters of Business Administration from Harvard University and a Bachelor of Arts in Economics from Wellesley College. Ms. Twitchell serves on the public company boards of KMG Chemicals, Inc. and Kraton Performance Polymers, Inc.
Forward-Looking Statements
Statements in this press release that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon our belief, as well as, assumptions made by and information currently available to us. Because such statements are based upon expectations as to future economic performance and are not statements of fact, actual results may differ from those projected. These risks, as well as others, are discussed in greater detail in Trecora Resources' filings with the Securities and Exchange Commission, including Trecora Resources' Annual Report on Form 10-K for the year ended December 31, 2014, and the Company's subsequent Quarterly Reports on Form 10-Q. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release.
About Trecora Resources (TREC)
TREC owns and operates a facility located in southeast Texas, just north of Beaumont, which specializes in high purity hydrocarbons and other petrochemical manufacturing. TREC also owns and operates a leading manufacturer of specialty synthetic waxes and provider of custom processing services located in the heart of the Petrochemical complex in Pasadena, Texas. In addition, the Company is the original developer and a 35% owner of Al Masane Al Kobra Mining Co., a Saudi Arabian joint stock company.
Company Contact:
Nick Carter, President and Chief Executive Officer
(409) 385-8300
ncarter@trecora.com
Investor Relations Contact:
Glenn Garmont or Don Markley
The Piacente Group
212-481-2050
trecora@tpg-ir.com
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SOURCE Trecora Resources