Huntsman Corporation, based in The Woodlands, has appointed Phil Lister as its new CFO. He replaces Sean Douglas, who resigned in April to take a senior leadership position with The Church of Jesus Christ of Latter-day Saints.
Mr. Lister is currently the VP of Corporate Development, a role he has been in since May 2019. He has spent his entire career with the company or its predecessors. He started out his career with ICI in the UK, shortly before it was acquired by Huntsman in 1999.
No compensation was disclosed for Mr. Lister, other than he will receive an initial equity award of $610,000 that will vest over three years. By comparison, Mr. Douglas had a base salary of $650,000.