- Push-out Score determined
- After about five and a half years in the position
- Jim Buch taking over
- Graham will remain as vice chairman at Kronos
(exechange) — Dallas, Texas, May 18, 2022 — Robert Graham, chief executive of Kronos, leaves his position. As announced by Kronos Worldwide Inc. in a regulatory filing published on Wednesday, May 18, 2022, Robert D. Graham leaves his post as chief executive officer at the manufacturer of titanium dioxide pigments, after about five and a half years in the role, effective immediately.
Robert Graham’s duties as CEO will be taken over by James M. (Jim) Buch, most recently president and chief operating officer at Kronos Worldwide Inc.
No reason given
In the announcement, Kronos did not explicitly explain the reason for the move.
Graham will remain as vice chairman at Kronos
“Effective May 18, 2022, the registrant’s board of directors elected James M. Buch as the registrant’s president and chief executive officer. Mr. Buch was formerly the registrant’s president and chief operating officer. Robert D. Graham was formerly the registrant’s chief executive officer, and Mr. Graham continues to serve as the registrant’s vice chairman of the board,” Kronos said.
Share price decline since May 2017
The announcement follows a decline in Kronos Worldwide Inc.’s share price of 8% since May 2017.
In the position of CEO since 2017
Robert Graham became CEO of the Company in 2017.
Robert D. Graham has served as the Company’s vice chairman of the board since May 2017, as the Company’s chief executive officer since January 2017, and on the Company’s board of directors since 2016.
He served as the Company’s chairman of the board from January 2017 to May 2017, as the Company’s president from 2017 to 2021, as the Company’s executive vice president from 2009 to January 2017, as the Company’s chief administrative officer from 2012 to 2013, as the Company’s general counsel from 2003 to 2012 and as the Company’s vice president from 2003 to 2009.
He currently serves as vice chairman of the board of NL and CompX, as vice chairman of the board, president and chief executive officer of Valhi, and as president and chief executive officer of Contran.
He has served as a director of Contran, Valhi and CompX since 2016, and as a director of NL since 2014.
Graham has served with various companies related to the Company and Contran since 2002.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Robert Graham’s move on a scale of 0 to 10.
exechange reached out to Kronos and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 21.2022 ($).