Ascent Industries Co. has announced the appointment of two new directors, Carmen J. Giannantonio and Jeremy F. Rohen, to its Board of Directors, effective April 1, 2026. This decision comes as part of the company's ongoing transformation into a pure-play specialty chemicals company, reflecting its commitment to aligning board composition with its strategic goals. The Board has increased its size from five to seven members to accommodate these new appointments. Giannantonio, who has extensive experience in finance and corporate development, previously served as Vice President of Mergers & Acquisitions at DuPont de Nemours, Inc., where he led significant transactions valued over $200 billion. Rohen, currently Co-CEO and COO of Tilley Distribution, Inc., brings a wealth of experience in strategic growth and M&A execution within the specialty chemicals sector. Both new directors are expected to enhance the company's governance and strategic direction. Additionally, the company has adopted a written trading plan under Rule 10b5-1, allowing it to repurchase shares during specified periods. This plan is set to take effect on March 31, 2026, and will cease on May 11, 2026. The Board transition also includes the decision of John Schauerman not to seek re-election at the upcoming Annual Meeting, although he will continue to serve until the end of his term. The company issued a press release on April 1, 2026, detailing these changes and their implications for the company's future.

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