NEW YORK--(BUSINESS WIRE)--SK Capital Partners, LP, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, today announced it will be expanding its team with the addition of Randy Dearth as Senior Director. Mr. Dearth will join the firm in January.
Mr. Dearth brings over 30 years of experience in the chemicals industry, most recently serving as the President and CEO of GCP Applied Technologies, a NYSE-listed global construction chemicals and materials company. From 2012 to 2018, Mr. Dearth was the President, CEO, and Chairman of the Board of Directors of Calgon Carbon Corporation, a manufacturer of products that remove contaminants from liquids and gases. Mr. Dearth also served for eight years as the President and CEO of LANXESS Corporation (North America), a manufacturer of chemical intermediates, additives, specialty chemicals and plastics. Prior to LANXESS, he was the President and CEO of Bayer Chemicals Corporation (North America) and held a number of global marketing roles with Bayer, both in the United States and Germany. Mr. Dearth holds a Master’s degree in Polymer Science and Engineering from Case Western Reserve University and a Bachelor’s degree in Chemistry from Hiram College.
Mario Toukan, Managing Director at SK Capital, commented, "Randy brings an exceptional track record to our firm. He has invaluable experience leading multiple companies and successfully held a number of senior operating positions within the chemical industry for decades." Toukan added, "Randy's industry background and experience, ranging from sales and marketing management to President and CEO-level roles are an ideal match for his new position at SK Capital."
"SK Capital has a strong reputation in the industry for transforming businesses and creating value," said Mr. Dearth. "I look forward to being part of the SK Capital team and contributing to the firm's ongoing success."
Jamshid Keynejad, Co-Founder and Managing Director at SK Capital, commented, "Randy is a proven figure in the global chemicals sector, having played senior leadership roles at several of the most respected businesses in our space. We feel truly privileged to add Randy to our ranks and we look forward to working with him to enhance the value of our portfolio and support our growth."
ABOUT SK CAPITAL
SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and pharmaceuticals sectors. The firm seeks to build strong and growing businesses that create substantial long-term value. SK Capital utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK Capital’s portfolio of businesses generates revenues in excess of $8.5 billion annually, employs more than 11,000 people globally and operates 105 plants in 26 countries. The firm currently has approximately $4.8 billion of assets under management. For more information, please visit www.skcapitalpartners.com.
