Platform Specialty Products Corporation Announces Changes to Leadership Structure

3/17/17

WEST PALM BEACH, Fla., March 16, 2017 (GLOBE NEWSWIRE) -- Platform Specialty Products Corporation (NYSE:PAH), a global specialty chemicals company, announced today that John P. Connolly, currently Platform’s Vice President, Corporate Controller and Chief Accounting Officer, has been appointed as its Chief Financial Officer, effective immediately. Mr. Connolly’s appointment follows the resignation of Sanjiv Khattri as Chief Financial Officer, effective March 16, 2017. Mr. Connolly joined Platform in September 2016 as Controller and Chief Accounting Officer from Xylem Inc., a water technology company, where he established the corporate controllership and accounting functions following its spin-off from ITT Corporation.

Rakesh Sachdev, Platform's Chief Executive Officer, stated: “Sanjiv has been a valuable member of my team and has worked tirelessly since joining Platform to build our corporate function and integrate multiple organizations into one company. I wish Sanjiv much success as he pursues other opportunities.”

Mr. Sachdev continued: “John Connolly is a seasoned financial executive with a broad range of expertise and extensive experience in public company finance and accounting. Platform made great progress during 2016, and I am confident that John’s strong technical and operational capabilities will help us continue that momentum in 2017.”

About Platform

Platform is a global, diversified producer of high-technology specialty chemicals and a provider of technical services. The business involves the formulation of a broad range of solutions-oriented specialty chemicals, which are sold into multiple industries, including automotive, agriculture, animal health, electronics, graphic arts, and offshore oil and gas production and drilling. More information on Platform is available at www.platformspecialtyproducts.com.

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