Compass Minerals recently announced the appointments of Jon Chisholm and Shane Wagnon to the company’s Board of Directors. They were nominated for appointment by Koch Industries Inc. (Koch), pursuant to the terms of the recent $252 million strategic equity investment in Compass Minerals by Koch Minerals and Trading LLC (KM&T).
Chisholm currently serves as the Managing Director for Koch Disruptive Technologies, leading the energy transformation investment vertical for the company. Prior to that he served from 2014-2022 as Vice President of KM&T, where he was responsible for business development and strategy, leading investments in steel, specialty chemicals, energy, industrial technologies, and bulk commodities.
He started his career at Koch in 2005 and has worked in several roles and for various companies across Koch’s subsidiaries, including Flint Hills Resources, Koch Fertilizer, Koch Carbon, and KM&T. He currently serves on the Board of Directors for PQ Corp. Chisholm earned a B.S. in business administration with a major in finance from Oklahoma State University.
Wagnon currently serves as the Vice President of Trading and Terminals for Koch Carbon LLC. In this role, he holds profit and loss (P&L) responsibility for the company’s low-sulfur petroleum coke division and manages its ocean freight chartering group, along with general business development and strategy. Prior to his current role, Wagnon served from 2012-2019 as General Manager of the company’s Global Sulfur business, where he was responsible for the supply, trading, and sales of elemental sulfur.
Wagnon first joined Koch in 2004. Prior to his commercial leadership roles, he specialized in various business development capacities, including capital projects, M&A, corporate restructuring, private equity partnerships, and tax-equity investments. Wagnon earned a B.S. in business administration with a major in finance from Wichita State University.
With Chisholm’s and Wagnon’s appointments, the Compass Board has expanded to 12 members.