OKLAHOMA CITY--(BUSINESS WIRE)--LSB industries, Inc. (“LSB”) (NYSE:LXU), a manufacturer of chemical products for the agricultural, mining and industrial markets and a leading manufacturer of commercial and residential climate control products, today announced that Mark T. Behrman has recently joined the Company as a member of its executive management team in the position of Senior Vice President, Corporate Development. In this newly created position, Mr. Behrman will be developing and executing LSB’s investor relations strategy, including investor outreach and marketing efforts, serving as the primary interface for management with the financial community; he will also be responsible for reviewing internal and external business opportunities.
Barry Golsen, LSB’s President and COO commented, “We are fortunate to add Mark to the LSB team. His diverse background and extensive industrial experience will complement our management team and allow us to put additional emphasis on areas where we believe there is the potential for growth and value creation. In addition, Mark brings a solid financial background to his role and his expertise will assist us in communicating our overall strategy with clarity and transparency.”
Mr. Behrman has over 25 years of investment banking experience with a primary focus on the industrial and business services sectors, most recently serving as a Managing Director at Sterne Agee & Leach, Inc., leading the firm’s industrials, transportation, and energy practices. During his career, Mr. Behrman has originated and executed numerous merger and acquisition transactions, equity and debt capital market transactions and private capital raises for U.S. corporate clients in these sectors. Mr. Behrman was previously a Founder and Senior Managing Director of BlueStone Capital Partners, LP, where he was part of a team that created Trade.com Global Markets, Inc., and Founder and Director of the BlueStone/AFA Private Equity Fund. He began his investment banking career at PaineWebber, Incorporated and at Drexel Burnham Lambert, Inc. Additionally, he has been a director of three public companies including Noble International, Ltd. where he served as a Director for over 8 years and as Chairman of its Audit Committee for three years. Mr. Behrman holds a Masters of Business Administration from Hofstra University and a Bachelor of Science in Accounting from Binghamton University.
LSB Industries, Inc.
LSB is a manufacturing and marketing company. LSB’s principal business activities consist of the manufacture and sale of chemical products for the agricultural, mining and industrial markets and the manufacture and sale of commercial and residential climate control products, such as geothermal and water source heat pumps, hydronic fan coils, modular geothermal chillers and large custom air handlers.