Hudson Technologies, Inc., a leading provider of innovative and sustainable refrigerant products and services to the heating, ventilation, air conditioning, and refrigeration industry, announced that Chairman and Chief Executive Officer Brian Coleman has stepped down, effective immediately.
Coleman has led the company since June 2020. He joined Hudson Technologies as chief financial officer in 1997 and was later appointed president and chief operating officer in August 2001.
“On behalf of the board, I would like to thank Brian for his dedication and contributions to Hudson Technologies,” said Vincent Abbatecola, lead independent director of Hudson Technologies.
“During his tenure, particularly in the difficult time after the passing of our founder, Kevin Zugibe, Brian’s leadership and financial acumen allowed the company to further strengthen its competitive positioning in the marketplace while also transforming its balance sheet. We wish Brian every success in the future.
“With our industry positioning, strong profitability, enhanced balance sheet and attractive long-term industry tailwinds, we are now in a unique position to drive both organic and inorganic growth. The board is in late-stage evaluation and conversation with CEO candidates to lead Hudson in the next phase of its growth and expects to announce an appointment in the near term.”
Until the board completes its process and a permanent replacement is appointed, Brian Bertaux, chief financial officer, will assume CEO responsibilities on an interim basis.
