Matrix Service Company Welcomes John Chandler to Strengthen Strategic Leadership and Governance

Strategic Leadership Expansion at LSB Industries

LSB Industries, Inc. announces the appointment of John Chandler to its Board of Directors, effective November 7, 2024. Chandler's extensive experience in the energy sector is expected to significantly enhance LSB's governance and strategic direction. With over 30 years in financial leadership roles, including a recent tenure as Chief Financial Officer at The Williams Companies, Chandler possesses a wealth of knowledge that aligns with LSB's operational goals. His role on the Board's audit committee further underscores the importance the company places on financial oversight and strategic decision-making, crucial elements as LSB positions itself within the evolving energy landscape.

Chandler's background includes pivotal roles at Magellan Midstream Partners and various positions at The Williams Companies and MAPCO Inc. This diverse experience equips him with insights into both the financial intricacies of the energy market and the broader trends influencing the sector. His leadership capabilities are complemented by a solid track record of guiding companies through complex financial environments and fostering business development. LSB's Chairman and CEO, Mark Behrman, expresses enthusiasm for Chandler's appointment, emphasizing that his expertise will be invaluable as the company continues to focus on producing low and no-carbon products.

LSB Industries is strategically committed to leading the energy transition, producing essential products for agricultural, industrial, and mining markets. With manufacturing facilities in Illinois and Arkansas, as well as operations in Texas, the company is well-positioned to meet the growing demand for sustainable energy solutions. Chandler's addition to the Board is not merely a response to current market demands but a proactive step towards ensuring that LSB remains at the forefront of innovation and sustainability in the energy sector.

In addition to Chandler's appointment, LSB Industries' commitment to producing ammonia and related products highlights its role in supporting the agricultural sector, which increasingly relies on sustainable practices. As the company expands its focus on low-carbon technologies, it reinforces its dedication to not only meeting market needs but also contributing positively to environmental challenges.

With a keen focus on strategic growth and sustainability, LSB Industries is poised to navigate the complex energy transition landscape effectively. Chandler's leadership is expected to play a pivotal role in guiding the company through this transformative phase, ensuring that it continues to thrive in a competitive and ever-evolving industry.