Houston manufacturing co. names new CEO

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A Houston-based company that makes chemicals, fibers and plastics has a new top executive. Ascend Performance Materials promoted Phil McDivitt to president and CEO from president and COO, according to a release. He’ll also join the board of directors. McDivitt replaces former CEO and board member Fred Poses, who is retiring. “Since joining, (McDivitt) has made important contributions to building a stronger team and culture, improving financial and operating disciplines and creating a more dynamic…


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