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THE WOODLANDS, Texas - Huntsman Corporation (NYSE:HUN), currently trading near its 52-week low at $8.98, announced Friday that Julia Wright has withdrawn from her appointment as Executive Vice President, General Counsel and Secretary for personal reasons. Wright had been named as successor to David Stryker on September 4 and was scheduled to begin on October 13, 2025.
According to the company’s statement, Stryker will continue to serve in his current role while Huntsman conducts a search for his replacement. The chemical manufacturer, which InvestingPro data shows has maintained dividend payments for 19 consecutive years with a current yield of 11.25%, had previously announced Wright’s appointment as part of its planned leadership transition.
Huntsman Corporation is a global manufacturer and marketer of specialty chemicals with approximately $6 billion in revenue for 2024. The company operates more than 60 manufacturing, R&D and operations facilities in about 25 countries, employing approximately 6,300 associates within its continuing operations.
The company did not provide additional details regarding Wright’s withdrawal or a timeline for naming a new successor. The announcement was made in a press release issued by the company.
In other recent news, Huntsman Corporation reported its Q2 2025 earnings, which fell short of expectations. The company posted an earnings per share (EPS) of -$0.20, compared to the forecasted -$0.12, resulting in a 66.67% negative surprise. Revenue also missed projections, coming in at $1.46 billion against a forecast of $1.49 billion. Jefferies has adjusted its price target for Huntsman to $14.00, down from $15.00, citing potential seasonal headwinds, although it maintained a Buy rating on the stock. Meanwhile, KeyBanc Capital Markets continues to rate Huntsman as Sector Weight, highlighting ongoing demand challenges in key markets such as automotive and aerospace. In a significant leadership change, Huntsman announced that Julia Wright will become the new Executive Vice President, General Counsel, and Secretary effective October 13, 2025. Wright brings extensive experience from her previous roles, including her tenure at ChampionX Corporation. These developments reflect the current landscape for Huntsman as it navigates both internal and external challenges.
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