Venator Materials welcomes Stefan Selig and Jame Donath to its Board as Independent Directors

– UK, Stockton-on-Tees –  Venator Materials PLC (NYSE: VNTR) today announced the appointments of Stefan Selig and Jame Donath to its Board as Independent Directors, bringing extensive experience in finance, investment, and regulatory affairs.

In addition to serving as Venator’s Chairman, Stefan Selig will serve as Board Chairman and as a member of the Audit Committee, while Jame Donath will join the Compensation Committee.

“I am delighted to welcome Stefan M. Selig and Jame Donath to the Board as new independent directors. With their appointments, the Board has a mix of skills and expertise well suited to guide the Company through the strategic review process. Stefan’s significant experience will also be extremely valuable in his role as Chairman of our Board. I would like to thank Barry Siadat for his exceptional leadership and Miguel Kohlmann for his valuable contribution to our Board.” said CEO, Simon Turner.

About Stefan M. Selig

Stefan Selig is the founder of BridgePark Advisors LLC and serves as the Lead Independent Director of the Board of directors for Safehold Inc. (NYSE: SAFE) and is a Board member of Simon Property Group (NYSE: SPG). Mr. Selig served as Undersecretary of Commerce for International Trade for the U.S. Department of Commerce from June 2014 to June 2016. Before that time, Mr. Selig was with Bank of America Merrill Lynch from March 1999 to May 2014, ultimately serving as Executive Vice-Chairman of Global Corporate and Investment Banking.

About Jame Donath

Jame Donath is an investor and corporate director with over 20 years of experience sourcing and executing credit and private equity investments. He was formerly the Managing Partner of Magnolia Road Capital, a global event-driven credit hedge fund based in New York. Before forming Magnolia Road in 2013, Mr. Donath was a Managing Director at Davidson Kempner Capital Management in New York and London, where he launched and oversaw the firm’s European credit business. He started his career at Goldman Sachs in the Investment Banking Division.

About Venator

Venator is a global manufacturer and marketer of chemical products that comprise a broad range of pigments and additives that bring color and vibrancy to buildings, protect and extend product life, and reduce energy consumption. We market our products globally to a diversified group of industrial customers through two segments: Titanium Dioxide, which consists of our TiO2 business, and Performance Additives, which consists of our functional additives, color pigments, and timber treatment businesses. Based in Wynyard, U.K., Venator employs approximately 3,500 associates and sells its products in more than 110 countries.

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