Koppers Holdings Inc. announced that Thomas D. Loadman, Senior Vice President, Railroad Products and Services (RPS), has elected to retire, effective December 31, 2018, after 39 years with the company.
The RPS segment will be led by James A. Sullivan, Senior Vice President, Global Carbon Materials and Chemicals (CMC). Mr. Sullivan will also retain his previous responsibilities. For the remainder of 2018, Mr. Loadman will take on an advisory role to assist with the transition and other strategic projects aimed at identifying potential growth opportunities for Koppers.
Mr. Loadman began his career with Koppers in 1979 and held various management positions with the company. In 1985, he was promoted to the role of Plant Manager at the Muncy, Pennsylvania, facility and several years later, appointed Railroad Plant Operations Manager. Subsequently, he was named Vice President and General Manager of RPS in 1995 and elected Senior Vice President, Railroad Products and Services in 2015.
Mr. Sullivan joined Koppers in 2013 as Vice President of Business Development, and in 2014, assumed responsibility of the global CMC business segment which has significantly transformed under his leadership.
For the remainder of 2018, Koppers plans to evaluate whether this organizational realignment will change the way that financial performance is aggregated, and assess the impact it may have on operational decision making. If warranted, the company will report the results of any new business segments according to the applicable accounting standards and reporting requirements.
Koppers Holdings Inc. is an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds.
