Calumet Director Jennifer Straumins to Retire After Two Years on Board
Calumet board member Jennifer Straumins will retire at the end of her 2026 term after serving since July 2024 and holding roles on the Strategy and Growth and Risk Committees. The nominating committee will review board composition to align governance skills with Calumet’s growth and renewable-fuels strategy.
1. Retirement Announcement
Jennifer Straumins informed Calumet’s board that she will not seek re-election and will retire when her term expires at the 2026 Annual Meeting. She joined the board in July 2024 after serving on Calumet GP’s board since February 2021 and has been on the Strategy and Growth and Risk Committees.
2. Board Composition and Governance Review
The board’s Nominating and Governance Committee will assess director skill sets and experience to ensure alignment with the company’s specialty products and renewable fuels growth objectives. This review aims to bolster oversight as Calumet expands its branded product and renewable-fuels operations.
3. Calumet Business Overview
Calumet manufactures, formulates and markets specialty branded products and renewable fuels across twelve North American facilities. Headquartered in Indianapolis, the company serves diverse consumer-facing and industrial markets with a focus on growth in renewable-fuels production.