Chart announces executive succession plan

Samuel F. Thomas, current Chairman and Chief Executive Officer, will move to the position of Executive Chairman effective 25 May 2017, and retire from the Company in May 2018.

William C. Johnson, the company’s current President and Chief Operating Officer, will become the company’s Chief Executive Officer and President at that time. Mr. Johnson joined Chart in 2016 having previously held multiple executive positions at Dover Refrigeration & Food Equipment, Inc. a subsidiary of Dover Corporation, most recently as President and Chief Executive Officer.

Kenneth J. Webster, Chart’s former Vice President and Chief Financial Officer will not to relocate to the Canton, Georgia facility and stepped down as CFO effective 1 March 2017. Mr. Webster plans to leave the company effective 5 May to pursue other interests.

Jillian C. Evanko was appointed Chief Financial Officer effective 1 March 2017. Ms. Evanko joined the company on 13 February 2017 after most recently serving as the Vice President and Chief Financial Officer of Truck-Lite Co., LLC. Prior to her role with Truck-Lite, she held multiple executive positions at Dover Corporation and its subsidiaries, including the role of Vice President and Chief Financial Officer of Dover Fluids.

“Now is the right time for the leadership change to execute an effective transition. As we are coming through a downturn and preparing the company for a significant lift in business, there is enormous benefit to be able to respond quickly and ramp up our capacity with a lift in orders. We wanted to have a new team in place to accomplish that effectively” stated Sam Thomas.