KMG Chemicals Inc., a Houston-based global provider of specialty chemicals in carefully focused markets, promotes J. Neal Butler to the position of president. Butler joined KMG Chemicals in March 2004 as chief operating officer. He will retain that title in addition to being named president, and will continue to report to chairman and chief executive officer David Hatcher.



"Neal has done an outstanding job managing our operations and directing the integration of our acquisitions," Hatcher said. "The results of his leadership are reflected in the solid earnings growth KMG has delivered for its shareholders this past year. Over the last 14 months, we have completed three acquisitions. Integrating acquisitions while maintaining our cost-conscious focus and lean operations is a core competency necessary to maintaining the 20 percent-plus compound annual growth rate our shareholders have enjoyed since 1988."



Hatcher called Butler's appointment the "final step" in building the management team for the company's next stage of growth. With Butler as president, Hatcher will dedicate more time to strategic efforts, including growing the company.



Source: PR Newswire