Compass Minerals

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Compass Minerals International, Inc. - CMP

Retrieved on: 
Monday, April 8, 2024
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NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Compass Minerals International, Inc. (“Compass” or the “Company”) (NYSE: CMP).

Key Points: 
  • NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Compass Minerals International, Inc. (“Compass” or the “Company”) (NYSE: CMP).
  • The investigation concerns whether Compass and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

Compass Minerals Investor Alert: Johnson Fistel Investigates Management Accountability Amid Shareholder Losses

Retrieved on: 
Monday, March 25, 2024
CMCH, SAN, Goderich, Compass Minerals, LLP

SAN DIEGO, March 25, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating potential claims on behalf of Compass Minerals International, Inc. (NYSE: CMP) (“Compass Minerals” or the “Company”) against certain of its officers and directors to hold them responsible for damages they allegedly caused the company to suffer.

Key Points: 
  • SAN DIEGO, March 25, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating potential claims on behalf of Compass Minerals International, Inc. (NYSE: CMP) (“Compass Minerals” or the “Company”) against certain of its officers and directors to hold them responsible for damages they allegedly caused the company to suffer.
  • If you have continuously owned Compass Minerals, Inc. shares since before October 31, 2017, you have certain legal rights as a shareholder.
  • The Compass Minerals class action lawsuit alleges that defendants throughout the Class Period repeatedly assured investors that the CMCH upgrade at the Goderich mine was on track to materially reduce costs and boost Compass Minerals’ operating results starting in 2018.
  • However, defendants’ statements were misleading because they failed to tell investors that costs at the Goderich mine were increasing rather than decreasing.

Herc Holdings Inc. Announces Nomination of Lorin Crenshaw to Board of Directors

Retrieved on: 
Monday, April 1, 2024
Machine Tools, Metalworking & Metallurgy, General Automotive, Other Construction & Property, Manufacturing, Construction & Property, Machinery, Lithium, HRI, Financial management, Growth, Compass Minerals, Shareholder, Risk, Accounting, Albemarle Corporation, Columbia University, MBA, Treasury, S.A, Multimedia, Florida A&M University, Management

Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that its Board of Directors has nominated Lorin Crenshaw to stand for election as a new Director at the Company's 2024 Annual Meeting of Stockholders on May 16, 2024.

Key Points: 
  • Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that its Board of Directors has nominated Lorin Crenshaw to stand for election as a new Director at the Company's 2024 Annual Meeting of Stockholders on May 16, 2024.
  • Mr. Crenshaw brings more than 25 years of diversified financial experience to the Board.
  • “We welcome Lorin Crenshaw’s nomination to the Board,” said Patrick Campbell, Chairman of the Herc Holdings Board of Directors.
  • “The skills he has acquired through his strategic and financial advisory roles will complement those of our other Directors and advance our efforts to unlock value for Herc Holdings and its stockholders.”
    “We are excited about our plans to add Lorin to the Board,” said Herc Holdings President and CEO Larry Silber.

Compass Minerals Announces Amendment to Credit Agreement

Retrieved on: 
Wednesday, March 27, 2024
Agriculture, Natural Resources, Finance, Chemicals, Plastics, Professional Services, Other Natural Resources, Mining, Minerals, Manufacturing, Form, Compass Minerals, Compass

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that it had completed an amendment to its existing credit agreement.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that it had completed an amendment to its existing credit agreement.
  • The amendment provides financial covenant relief in the near term and greater flexibility over time across a broad range of operating scenarios.
  • “We appreciate the unanimous support of our bank group and their recognition of the need for temporary covenant relief given the combination of an exceptionally mild deicing season and trough-level plant nutrition earnings.
  • Today’s amendment adjusts our financial covenants in a manner that we believe provides sufficient headroom both in the near term and along our path to deleveraging over the coming years,” said Lorin Crenshaw, chief financial officer.

Compass Minerals Announces the Company Will Not Secure a USFS Contract to Supply Magnesium Chloride-Based Aerial Fire Retardants for the 2024 Fire Season

Retrieved on: 
Monday, March 25, 2024
Chemicals, Plastics, Mining, Minerals, Air, Transport, Manufacturing, Natural Resources, Toxicity, Negotiation, Burn, Australian Transport Safety Bureau, Compass Minerals, Fortification, Compass, National Transportation Safety Board, NTSB, Firefighter arson, Corrosion, USFS, NIST, QPL, Safety, Risk management

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that the U.S. Forest Service (USFS) has informed the company that it will not be entering into a contract for the use of magnesium chloride-based aerial fire retardants for the 2024 fire season.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that the U.S. Forest Service (USFS) has informed the company that it will not be entering into a contract for the use of magnesium chloride-based aerial fire retardants for the 2024 fire season.
  • In May 2023, Fortress entered into a contract with the USFS to provide up to five mobile-deployed fire-retardant air tanker bases during the 2023 wildfire season.
  • The company was in the process of negotiating a USFS contract for the 2024 wildfire season when the new corrosion concerns were identified.
  • The company is currently working to achieve full qualification of proprietary, non-magnesium chloride-based aerial fire-retardant products.

Industry Veteran George J. Schuller Jr. Joins Arch Resources as Senior Vice President and Chief Operating Officer

Retrieved on: 
Tuesday, March 19, 2024
Peabody Energy, Arch Resources, Virginia University, Compass Minerals, Compass, University, MBA, Mineral, Arch, Safety, Coal, Mining engineering, West Virginia University, Engineering, Mining

ST. LOUIS, March 19, 2024 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today announced that George J. Schuller Jr., a highly regarded mining industry executive with decades of senior operational leadership experience, has joined the company as senior vice president and chief operating officer, effective immediately.

Key Points: 
  • ST. LOUIS, March 19, 2024 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today announced that George J. Schuller Jr., a highly regarded mining industry executive with decades of senior operational leadership experience, has joined the company as senior vice president and chief operating officer, effective immediately.
  • "I am excited to be joining the Arch team at this important juncture," said Schuller.
  • Schuller has more than 30 years of experience in the global mining industry, most recently serving as chief operations officer at Compass Minerals, Inc.
  • In addition, Schuller has served as president of the National Mine Rescue Association and as vice president of the Holmes Safety Association.

Wildcat announces Jack Leunig and Larry Beck to advance manufacturing strategy

Retrieved on: 
Wednesday, March 13, 2024
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SAN DIEGO, March 13, 2024 /PRNewswire/ -- Battery materials pioneer Wildcat Discovery Technologies today announced two renowned chemical materials production leaders to advance the scale-up and operations of the company's new manufacturing capability. Jack Leunig joins as Chief Operating Officer, and Larry Beck has been retained as a Senior Advisor.

Key Points: 
  • Jack Leunig joins as Chief Operating Officer, and Larry Beck has been retained as a Senior Advisor.
  • Wildcat announced in December plans to produce cathode materials in the United States, increasing supply chain stability for customers and bringing more manufacturing capacity and jobs to the U.S.
  • Leunig joins Wildcat with deep operations leadership experience in chemical and materials manufacturing.
  • Wildcat's mission is to produce high-performance U.S.-made cathodes to enable widespread adoption of clean energy, and Jack and Larry bring deep experience to advance our manufacturing strategy," said Wildcat President and CEO Mark Gresser.

Compass Minerals Announces Participation in Loop Capital Markets’ 5th Annual Investor Conference

Retrieved on: 
Thursday, March 7, 2024
Chemicals, Plastics, Natural Resources, Manufacturing, Mining, Minerals, CFO, Compass, Compass Minerals, Conference

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that it will participate in Loop Capital Markets’ 5th Annual Investor Conference on March 11, 2024. Lorin Crenshaw, CFO, will participate virtually in one-on-one meetings throughout the day.

Key Points: 

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that it will participate in Loop Capital Markets’ 5th Annual Investor Conference on March 11, 2024. Lorin Crenshaw, CFO, will participate virtually in one-on-one meetings throughout the day.

Vance Holtzman Elected to Compass Minerals Board of Directors

Retrieved on: 
Thursday, March 7, 2024
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Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced the election of Vance O. Holtzman to the company’s board of directors at its fiscal 2024 annual meeting of shareholders.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced the election of Vance O. Holtzman to the company’s board of directors at its fiscal 2024 annual meeting of shareholders.
  • Holtzman was nominated for appointment by Koch Industries Inc. (Koch), pursuant to the terms of the strategic equity investment in Compass Minerals in 2022 by Koch Minerals and Trading LLC (KM&T), a Koch subsidiary.
  • View the full release here: https://www.businesswire.com/news/home/20240307073550/en/
    Vance O. Holtzman, newly elected director for Compass Minerals (NYSE: CMP) (Photo: Business Wire)
    “Vance brings to our board proven financial expertise and considerable experience working with extractive companies like ours.
  • He is currently a member of the board of directors of KOMSA, PQ Corporation and Hybar LLC.

Compass Minerals and Utah Division of Forestry, Fire and State Lands Entering into Voluntary Agreement Regarding Water Conservation on the Great Salt Lake

Retrieved on: 
Wednesday, March 6, 2024
Environment, Environmental Policy, Chemicals, Plastics, Environmental Health, Public Policy, Government, Manufacturing, Mining, Minerals, State, Local, Natural Resources, Term sheet, Mineral, Compass, Bed, Utah Division, Compass Minerals, Health, Forestry, House, Ecosystem, Policy, Utah State Legislature, Legislature, Magnesium chloride, Water

Compass Minerals and FFSL are currently crafting a binding Voluntary Agreement based on the framework established within the Term Sheet.

Key Points: 
  • Compass Minerals and FFSL are currently crafting a binding Voluntary Agreement based on the framework established within the Term Sheet.
  • “We recognize that a healthy Great Salt Lake is essential to both the environmental and economic well-being of the region,” said Edward C. Dowling Jr., president and CEO.
  • “It’s critical we strike the right balance between industry’s ability to extract the various minerals found in the lake without compromising the health of the lake,” added Great Salt Lake Commissioner Brian Steed.
  • The Commissioner’s Office appreciates the leadership of the Legislature and the willingness of Compass Minerals to take these important steps to protect the Great Salt Lake.”