Industry veteran Mike McGaugh appointed

Valtris Specialty Chemicals (“Valtris”), a leading global manufacturer of a comprehensive portfolio of specialty additives, announced today the appointment of Mike McGaugh as the company’s new Chief Executive Officer. Mr. McGaugh has assumed the role held by former CEO, Simon Medley, who will be retiring as part of this transition but will continue to advise the company. Valtris is a portfolio company of SK Capital.

“We are thrilled to welcome Mike, an industry veteran with a proven track record in the chemical and materials industries,” said Jack Norris, a Managing Director of SK Capital. “Mike’s decades of demonstrated leadership experience and deep understanding of Valtris’ markets make him an outstanding choice to lead the company. We would also like to take this time to thank Simon Medley for his leadership and significant contributions to Valtris over the past three years. We wish Simon success in his future endeavors and congratulate him on an accomplished career, which includes more than three decades of leadership in the chemical industry.”

“I am excited about the opportunity to lead Valtris on its next chapter of growth,” Mr. McGaugh stated. “I look forward to working in partnership with SK Capital and my Valtris colleagues to continue to unlock the company’s full potential.”

Mr. McGaugh was most recently the CEO of Myers Industries Inc. (NYSE: MYE), a leading manufacturer of sustainable plastic and metal products and solutions based in Akron, Ohio. Prior to his tenure at Myers, he served as Executive Vice President and Chief Operating Officer of BMC Stock Holdings, where he was responsible for strategy, execution, and the financial performance of the company. Mr. McGaugh also spent nearly 25 years in various senior leadership roles at The Dow Chemical Company (NYSE: DOW) where his roles included Vice President and General Manager, Dow Building Solutions; Global General Manager, Growth & Innovation Business Portfolio; Global Director, Strategic Marketing; and Global Director and leader of the Integration Management Office, an integration program related to the merger of Dow and DuPont. He holds a bachelor’s degree in chemistry from Texas State University and an MBA from Harvard Business School.

ABOUT VALTRIS SPECIALTY CHEMICALS

Valtris Specialty Chemicals, headquartered in Independence, Ohio, is a global leader in specialty performance additives, offering innovative sustainable solutions and products to customers around the world. With strong technical and regulatory expertise and best-in-class formulation capabilities, Valtris develops products that provide essential performance properties to polymer end-use applications in the coatings, adhesives and sealants, pharmaceuticals, oil and gas, lubricant, and personal care industries. The company operates seven manufacturing locations and employs approximately 600 people across North America, Europe and Asia. For more information, please visit www.valtris.com.

ABOUT SK CAPITAL

SK Capital is a transformational private investment firm with a disciplined focus on the specialty materials, ingredients, and life sciences sectors. The firm seeks to build resilient, sustainable, and growing businesses that create substantial long-term value. SK Capital aims to utilize its industry, operating, and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth, and profitability, as well as lower operating risk. SK Capital currently has approximately $10 billion in assets under management as of December 31, 2025. For more information, please visit www.skcapitalpartners.com.

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