NEW YORK - Minerals Technologies Inc . (NYSE: NYSE:MTX), a global specialtyminerals company, announced today that Kristina M. Johnson has been elected to its Board of Directors. Johnson, a recognized leader with a distinguished career spanning academia, government, and the private sector, will commence her board duties on May 13, 2024.
Douglas T. Dietrich, Chairman and CEO of Minerals Technologies, expressed his enthusiasm for Johnson's election, citing her extensive experience and innovative approach as valuable assets to the company. Johnson's notable career includes her role as President of The Ohio State University, Chancellor of the State University of New York, and Under Secretary of Energy at the U.S. Department of Energy.
In the private sector, she was the CEO of Cube Hydro Partners, LLC, a clean energy firm, and a founding partner of Enduring Hydro. Johnson's academic tenure includes positions as Provost and Senior Vice President for Academic Affairs at The Johns Hopkins University, Dean of the Pratt School of Engineering at Duke University, and Professor at the University of Colorado at Boulder.
Johnson's achievements in the field of engineering have been recognized with her induction into the National Inventors Hall of Fame and her membership in the National Academy of Engineering and the National Academy of Inventors. She also received the John Fritz Medal, a prestigious engineering accolade, in 2008.
Her previous board experience includes serving on the boards of DuPont (NYSE:DD) and Cisco Systems (NASDAQ:CSCO), Inc., and a prior stint on the Minerals Technologies Board from 2000 to 2009. Johnson holds a Bachelor of Science, Master of Science, and Ph.D. in electrical engineering from Stanford University.
InvestingPro Insights
As Minerals Technologies Inc. (NYSE: MTX) welcomes Kristina M. Johnson to its Board of Directors, the company's financial outlook remains a critical factor for shareholders and potential investors. According to InvestingPro data, Minerals Technologies is currently operating with a market capitalization of $2.42 billion, and its stock is trading near its 52-week high, indicating a strong market position. The company has demonstrated consistent financial performance with a reported gross profit of $507.1 million and a gross profit margin of 23.37% for the last twelve months as of Q1 2023.
An InvestingPro Tip highlights the company's low price volatility, which suggests a stable investment for those looking to avoid significant market fluctuations. Furthermore, Minerals Technologies has maintained dividend payments for 32 consecutive years, underscoring its commitment to returning value to shareholders. This is particularly noteworthy for investors seeking reliable income streams.
Investors interested in a deeper analysis of Minerals Technologies' financial health and future prospects can find additional InvestingPro Tips at Investing.com/pro/MTX. There are currently 9 more tips available, which can provide further insights into the company's performance and potential. To access these tips and more detailed analytics, use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.