Rentech, Inc. announced today that Jeffrey R. Spain has been appointed as chief financial officer of Rentech and the general partner of Rentech Nitrogen Partners, L.P. (NYSE:RNF). Mr. Spain will be responsible for overseeing the finance and accounting functions for both companies. Mr. Spain replaces Dan J. Cohrs, who is leaving the companies to pursue other opportunities.
Keith Forman, president and chief executive officer of Rentech, stated, “I am confident in Jeff’s ability to lead finance and accounting for the companies as he has a strong financial background and familiarity with Rentech’s fibre and fertilizer businesses. We wish Dan all the best and thank him for his many years of service.”
Mr. Spain served as Rentech’s senior vice president of finance, accounting and administration for Rentech’s wood fibre group immediately prior to his appointment as CFO. Mr. Spain has held various senior financial and accounting roles at Rentech since 2011, and he most recently played a critical role in the financial turnaround of Fulghum Fibres. Mr. Spain's experience spans over 20 years and includes investment banking and operations management and chief financial officer roles of high growth companies. His past employers include Credit Suisse First Boston, LeadPoint, Inc. and eNutrition, Inc., and Kimberly-Clark Corporation. Mr. Spain received his Masters of Business Administration from the Anderson Graduate School of Management at UCLA and earned his Bachelor's degree in finance from Southern Methodist University.
About Rentech, Inc.
Rentech, Inc. (NASDAQ:RTK) owns and operates wood fibre processing, wood pellet production and nitrogen fertilizer manufacturing businesses. Rentech offers a full range of integrated wood fibre services for commercial and industrial customers around the world, including wood chipping services, operations, marketing, trading and vessel loading, through its subsidiary, Fulghum Fibres. The Company’s New England Wood Pellet subsidiary is a leading producer of bagged wood pellets for the U.S. heating market. Rentech manufactures and sells nitrogen fertilizer through its publicly-traded subsidiary, Rentech Nitrogen Partners, L.P. (NYSE:RNF). Please visit www.rentechinc.com and www.rentechnitrogen.com for more information.
Safe Harbor Statement
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and actual results may differ materially as a result of various risks and uncertainties. Other factors that could cause actual results to differ from those reflected in the forward-looking statements are set forth in the Company’s prior press releases and periodic public filings with the Securities and Exchange Commission, which are available via Rentech’s website at www.rentechinc.com. The forward-looking statements in this press release are made as of the date of this press release and Rentech does not undertake to revise or update these forward-looking statements, except to the extent that it is required to do so under applicable law.
Julie Dawoodjee Cafarella, 310-571-9800
Vice president of Investor Relations and Communications