Fairmount Santrol CFO Christopher Nagel Leaving

(RTTNews) - Fairmount Santrol Holdings Inc. (FMSA) said Wednesday that Christopher Nagel will leave his position as Chief Financial Officer and Executive Vice President of Finance, effective October 20, in order to pursue an opportunity in the consumer products industry.

Nagel's departure is not the result of any dispute or disagreement with the company or any matter relating to the company's accounting practices or financial statements, Fairmount Santrol said.

The company said it has engaged an executive search firm to assist in finding a successor and will begin meeting with qualified candidates as soon as possible.

Within the next few weeks, the company expects to designate an interim CFO who will work closely with Nagel to assure an orderly transition of his responsibilities.