INDIANAPOLIS, Sept. 12,
2023 /PRNewswire/ -- Calumet Specialty Products
Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet,"
"Company," "we," "our" or "us"), today announced that Vince
Donargo has elected to step down as CFO on December 31, 2023, and he will continue in an
advisory role until his retirement at the end of April, 2024.
"I'd like to thank Vince for his contributions to Calumet
as both Chief Financial Officer and Chief Accounting Officer these
last few years as he helped navigate this last chapter of the
Calumet transformation," said Todd
Borgmann, CEO. "Vince has been a valuable part of the
executive team and has driven many improvements in the CFO
organization during his tenure."
Calumet also announced today that David Lunin will be
appointed Chief Financial Officer on January
1, 2024. David has joined as EVP and CFO Designate and
will work closely with Vince to facilitate a seamless transition.
David brings over 20 years of finance experience, most recently in
various investment banking roles at Goldman Sachs across capital
markets and mergers and acquisitions. David spent significant time
in the Natural Resources group at Goldman Sachs covering the
commodity and specialty chemicals industries. He is a graduate of
George Washington University with a
Bachelor's degree in Business Administration. He also holds a
Master of Arts in Applied Economics from Johns
Hopkins University and a MBA from Columbia Business School.
"We are excited to welcome David to the Calumet team,"
said Borgmann. His capital markets experience will be
essential as we execute on our strategic deleveraging priority
and the potential monetization of Montana Renewables. Further,
David's many years of specialty chemical experience will serve
Calumet well as we continue to refine and execute the strategic
growth plan for our leading integrated specialties business."
Lunin added, "I am thrilled to join Calumet and look forward to
working with Todd, Vince and the entire team. The Company has a
tremendous history and has grown significantly over the last few
years. I look forward to working with the team and helping
propel the Company forward."
About the Partnership
Calumet manufactures, formulates, and markets a diversified
slate of specialty branded products and renewable fuels to
customers across a broad range of consumer-facing and industrial
markets. Calumet is headquartered in Indianapolis, Indiana and operates twelve
facilities throughout North
America.
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SOURCE Calumet Specialty Products Partners, L.P.