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KMG Chemicals Inc. names new CFO

By Josh Mitelman
 –  Multimedia reporter, Houston Business Journal

KMG Chemicals Inc. (NYSE: KMG) said Monday it has hired Malinda Passmore as vice president and chief financial officer. She will join the firm January 27.

A certified public accountant, Passmore has 30 years of accounting, financial and IT systems experience. She comes to KMG from wholesale foods supplier Country Fresh, where she also served as CFO.

Her background also includes 12 years at Commercial Metals Co. (NYSE: CMC), an Irving, Texas-based global steel manufacturer, where she was corporate comptroller and chief accounting officer for seven years before becoming vice president and chief information officer.

"Mindy is an exceptionally talented individual whose breadth of experience and track record of achievement will be instrumental given KMG’s current integration initiatives and expanded global scale," said KMG Chairman and CEO Christopher Fraser, who in June replaced the retiring Neal Butler.

KMG, through its subsidiaries, produces and distributes specialty chemicals to select markets, and it recently restructured its business with a greater focus on its electronic chemicals division.