MFG Chemical has announced Paul Turgeon, who has served on the company’s board of directors since 2017, and as executive board director, will assume the position of president and CEO.
Keith Arnold, who has served in this role since 2017, is stepping down to focus on personal and family priorities. However, he will remain on the company’s board of directors.
Additionally, Keith will continue on the board of governors at SOCMA, the chemical industry’s trade association. Turgeon’s previous experiences include positions with Ciba, FMC, BetzDearborn, Great Lakes Chemical, Nalco and Chemtura Corporation.
At Chemtura he and his partners executed the purchase of the business he was leading in 2006, creating BWA Water Additives. He led the business for the next 4 and a half years, at which time the company was sold for very a very high multiple.
Turgeon has continued to work with private equity, serving on the boards of directors of U.S. Water, CCR, Versa Flex and Anue Water Technologies.
He also sits on the editorial advisory board of Water & Wastes Digest, has been published by several leading trade publications and has served as a keynote speaker and panelist at several industry conferences including: Specialty & Agrochemicals America, AWT and NACE.
Turgeon earned an MBA from Emory University and a B.S. in chemical engineering from the University of Toronto.
“I’m honored to assume the leadership of this great company, and look forward to working closely with this outstanding MFG team to meet and exceed our customers’ expectations,” Turgeon said. “I thank Keith Arnold for his leadership and many important contributions, including the acquisition of our 27 acre Pasadena, Texas plant to better serve the oil & gas industry. [Arnold] has also instilled a culture of plant safety and customer confidentiality. He spearheaded the upgrading of all four of MFG Chemical’s plants, obtaining the recertification of ISO 9001: 2015 and the achievement of the ‘Excellence Tier’ and numerous safety and plant improvement awards from SOCMA, the chemical industry’s trade association.”
“Working with so many wonderful customers and then leading MFG Chemical as its CEO has been the pleasure and honor of a lifetime,” Arnold said. “I’m going to enjoy more of a consultative role going forward as a board director, and will continue my close friendships and associations within the chemical industry, as well as my work for the SOCMA Board of Governors. MFG Chemical’s customers and the MFG team could not be in more competent hands than with Paul Turgeon at the helm.”