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Stepan Company Announces Appointment of New Director

1. Corning Painter appointed as a new director of Stepan Company. 2. Painter has extensive experience in the chemical industry. 3. Stepan is a major player in specialty and intermediate chemicals. 4. New appointment expected to enhance operational strategy and leadership.

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Why Bullish?

The appointment of an experienced director typically boosts investor confidence, suggesting future growth for SCL.

How important is it?

Leadership appointments can significantly influence company strategy and market perception, making them relevant for stock movements.

Why Long Term?

Strategic leadership changes often take time to reflect in company performance and stock price.

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APDDUKLINSHW
, /PRNewswire/ -- Stepan Company (NYSE: SCL) announced today the appointment of Corning Painter as a Director of Stepan, effective immediately. Mr. Painter currently serves as Chief Executive Officer of Orion S.A., a global chemical manufacturer, a role he has held since September of 2018. Prior to joining Orion, Mr. Painter was an Executive Vice President for Industrial Gases at Air Products and Chemicals, an industrial gas company, which Mr. Painter joined in 1984. Mr. Painter is a Certified Professional Engineer and holds a chemical engineering degree from Carnegie Mellon University. "Corning brings extensive leadership and chemical industry experience to our Board of Directors," said F. Quinn Stepan, Jr., Chairman of the Board of Stepan. "We are pleased to add Corning's strategic and operational expertise, and we look forward to benefiting from his insights." Corporate Profile Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning and disinfection compounds and in agricultural and oilfield solutions. The Company is also a leading supplier of polyurethane polyols used in the expanding thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries. Headquartered in Northbrook, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and Asia. The Company's common stock is traded on the New York Stock Exchange (NYSE) under the symbol SCL. For more information about Stepan Company please visit the Company online at www.stepan.com. SOURCE Stepan Company WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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