AdvanSix (ASIX) Appoints Sidd Manjeshwar as CFO

AdvanSix (NYSE: ASIX) announced today the appointment of Sidd Manjeshwar as Senior Vice President and Chief Financial Officer, effective October 1st. In this role, Mr. Manjeshwar will have global responsibility for controllership, treasury, investor relations, procurement, internal audit, commercial finance, tax and financial planning and analysis for the enterprise. Mr. Manjeshwar will report directly to Erin Kane, President and CEO of AdvanSix, and be a member of the Company’s executive leadership team.

“We are thrilled to welcome Sidd to AdvanSix and look forward to adding his expertise as we continue to accelerate into our next chapter as a diversified chemistry company,” said Erin Kane, President and CEO of AdvanSix. “Sidd’s proven track record of establishing corporate and financial strategies that accelerate growth and profitability makes him well positioned to play a leading role in advancing our strategic priorities to deliver long-term, sustainable shareholder value.”

Mr. Manjeshwar most recently served as Vice President, Corporate Treasurer and Investor Relations at Air Products and Chemicals, Inc. He has more than twenty-five years of experience in investment banking and corporate leadership roles, including as Chief Financial Officer at FirstLight Power with responsibility for strategic and financial functions. He has also served as Vice President, Corporate Finance and M&A, and Treasurer at Dynegy Inc. and in investment banking roles at Deutsche Bank, Barclays Capital, and Lehman Brothers. He holds a B.E. in Electronics from the University of Mumbai, an M.S. in Computer Science from James Madison University and an MBA from The McDonough School of Business at Georgetown University.

“AdvanSix is in an exciting stage of transformation, and I am honored to join the team at this pivotal time,” said Mr. Manjeshwar. “AdvanSix offers a compelling investment thesis and its diverse product portfolio is well positioned to meet its current and future customer needs. I am looking forward to joining the AdvanSix leadership team to drive accelerated profitable growth in support of the company’s long-term, sustainable performance.”

Earlier this year, Michael Preston announced his anticipated retirement as Senior Vice President and Chief Financial Officer. As part of the company’s succession plan, starting October 1st, Mr. Preston will serve in an advisory role through year-end 2024 with the executive team to facilitate a smooth transition of his responsibilities to Mr. Manjeshwar.

“Mike has made significant contributions to the success of AdvanSix as our founding CFO importantly establishing the critical finance, procurement and supply chain functions to meet our compliance and reporting requirements as a public company at spin. Throughout his nearly twenty-five year tenure at AdvanSix, including at our predecessor company, Mike has been widely admired and respected among our teammates, stockholders and all of our key stakeholders. On behalf of the entire organization, we express our gratitude for Mike’s leadership, service and invaluable contributions to AdvanSix. We wish him well on his retirement,” said Kane.

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