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Chemtrade announces Scott Rook as its new CEO
Scott Rock will replace Mark Davis, who has been president and CEO since the company's founding in 2001.
- By ICN Bureau
| August 18, 2020
Chemtrade Logistics Income Fund announced today that Mark Davis has informed the Board that he will retire as President and Chief Executive Officer (CEO) in 2021. Scott Rook, currently the Chief Operating Officer (COO), will replace Davis upon his retirement.
The Chair of the Chemtrade Board, Lorie Waisberg, said, “Davis was instrumental in forming Chemtrade in 2001 and has served as its President and CEO since that time. Under Davis’ leadership, Chemtrade has substantially grown its business portfolio and organizational capabilities and has returned over $1.1 Billion of capital to its unitholders.”
Waisberg noted that Rook joined the organization as COO in September 2019 as part of Chemtrade’s succession plan and has gained the full confidence of the Board.
Davis said, “I am extremely proud of the organization and business portfolio that my team built over the last 20 years. Recently, our resilience during the Covid-19 pandemic has validated the strength of our culture and diversified businesses.”
Davis continued, “Since joining Chemtrade, Scott has demonstrated genuine leadership and deep knowledge of our businesses. I will be leaving Chemtrade in good hands.”
Scott Rook said, “I appreciate the confidence of the Board and Davis. The leadership team and I look forward to driving Chemtrade’s growth from a strong foundation.”
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