GrafTech International Ltd. (NYSE:EAF) ("GrafTech" or the "Company") announced today that David J. Rintoul has informed the Company of his intent to retire as Chief Executive Officer and President and as a member of the Board of Directors of the Company (the "Board"), effective as of the end of June 2022, or such later time as a successor has been appointed to ensure a smooth transition.
"On behalf of the Board, I would like to thank David for his dedicated service to GrafTech since the Company went public in 2018," said Denis Turcotte, Chair of GrafTech's Board. "We are grateful to David for his strong leadership on behalf of all stakeholders and wish him all the best in his upcoming retirement."
The Board has authorized the Nominating and Corporate Governance Committee (the "Committee"), which is working with a leading executive search firm, to conduct a global search and assist in considering both internal and external candidates. The Committee will make recommendations to the Board with the Board making the final decision on a successor.
About GrafTech
GrafTech International Ltd. is a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The Company has a competitive portfolio of low-cost, ultra-high power graphite electrode manufacturing facilities, including three of the highest capacity facilities in the world. We are the only large-scale graphite electrode producer that is substantially vertically integrated into petroleum needle coke, a key raw material for graphite electrode manufacturing. This unique position provides us with competitive advantages in product quality and cost.
Forward-looking Statements
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