Personnel
Tenneco Names General Counsel, Corporate Secretary
Thomas Sabatino's appointment follows Brandon Smith accepting a senior executive position at CHS Incorporated.
Thomas Sabatino's appointment follows Brandon Smith accepting a senior executive position at CHS Incorporated.
Rohen will join Axalta after more than 10 years with W. R. Grace & Co., a global specialty chemical company.
Company reports net income of $193 million (up 27.4%); adjusted net income of $228 million (up 20.9%).
U.S. GAAP net sales of $2,534 million, up 2% compared with third quarter 2019.
Third-quarter revenue of $3.3 billion declined 4.9% compared to the prior year period as organic revenue declined 4.6%.
Net income from continuing operations was $232.9 million, or a diluted earnings per share of $1.61.
Hart Marx Advisors will be available to distributors through the network's Business Resource Center.
Revenue decreased 46% from ongoing impacts of the coronavirus pandemic.
The full quarter results reflect improved revenue trends, operational and balance sheet productivity and continued debt reduction.
3M continues to position its businesses for success coming out of the COVID-19 pandemic crisis.
