AdvanSix Appoints Patrick C. Day as New CFO, Bolstering Financial Leadership
summarizeSummary
AdvanSix Inc. has appointed Patrick C. Day as its new Senior Vice President and Chief Financial Officer, bringing extensive financial and strategic planning experience from FMC Corporation.
check_boxKey Events
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New CFO Appointed
Patrick C. Day has been appointed as Senior Vice President and Chief Financial Officer, effective April 27, 2026.
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Experienced Financial Leader
Mr. Day previously served as VP of Financial Planning and Analysis and Investor Relations at FMC Corporation and held senior finance roles at Deloitte Consulting and United Technologies Corporation.
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Interim CFO Returns to Prior Role
Christopher Gramm, who served as Interim CFO, will return to his role as Vice President of Corporate Finance and Strategic Financial Planning and Analysis.
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Compensation Package Detailed
Mr. Day's compensation includes an annual base salary of $530,000, a target short-term incentive of 70% of base, and an initial annual equity award valued at $1,200,000. He also receives a $900,000 sign-on RSU grant for forfeited equity.
auto_awesomeAnalysis
The appointment of Patrick C. Day as the permanent Chief Financial Officer is a positive development for AdvanSix. Mr. Day's background at FMC Corporation and Deloitte Consulting suggests a strong foundation in financial planning, investor relations, and operational discipline. This move replaces an interim CFO, providing stability and a clear long-term financial leadership strategy. His compensation package, including a significant sign-on equity grant, is designed to attract and retain high-caliber talent, reflecting the company's commitment to strengthening its executive team. Investors should view this as a step towards enhanced financial management and strategic execution.
At the time of this filing, ASIX was trading at $23.30 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $643.3M. The 52-week trading range was $14.10 to $25.94. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.