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LSB Industries, Inc. Appoints Jonathan Ackerman as an Independent Member of the Board of Directors; Announces Retirement of Steve Packebush

Business

LSB Industries, Inc. Appoints Jonathan Ackerman as an Independent Member of the Board of Directors; Announces Retirement of Steve Packebush
Business

Business

LSB Industries, Inc. Appoints Jonathan Ackerman as an Independent Member of the Board of Directors; Announces Retirement of Steve Packebush

2026-04-03 05:38 Last Updated At:13:10

OKLAHOMA CITY--(BUSINESS WIRE)--Apr 2, 2026--

LSB Industries, Inc. (“LSB” or “the Company”), (NYSE: LXU) today announced that it has appointed Jonathan Z. Ackerman as an independent member of the Board of Directors (the “Board”) effective April 2, 2026. Mr. Ackerman will stand for direct election by shareholders for the first time at the annual meeting of stockholders on May 21, 2026 (the “2026 Annual Meeting”).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260402484774/en/

Mr. Ackerman has a lengthy track record as a successful leader in infrastructure development and finance. He has successfully delivered approximately $10 billion of value for investors by developing world-class infrastructure over multiple investment cycles for some of the most sophisticated and largest volume import and export terminals in the world. Mr. Ackerman currently serves as President and Chief Executive Officer of Meridian Infrastructure, where he was also a co-founder. Prior to Meridian, Mr. Ackerman co-founded Moda Midstream in 2015 and served as its President and CEO from 2021 until Moda's successful exit in 2024. He served as Moda's Executive Vice President and CFO before being appointed CEO. Prior to this, Mr. Ackerman served in various senior leadership roles, including as CFO of Oiltanking North American and its NYSE-listed subsidiary, Oiltanking Partners, L.P., Managing Director, M&A and Co-Head, Strategic Solutions Group at UBS Investment Bank, and as Senior Counsel and lead policy adviser to President George W. Bush's Advisory Panel on Federal Tax Reform.

“It is an honor to welcome Jon to the LSB board,” said Mark Behrman, Chairman and Chief Executive Officer. “Jon is a highly respected leader with extensive experience in infrastructure development, midstream operations, and M&A and we are excited to bring his expertise to the LSB board for the benefit of all our stakeholders.”

The company also announced that, effective March 30, 2026, Steve Packebush has informed the Board of his decision not to stand for re-election as a director at the 2026 Annual Meeting and resign from the Board immediately. Mr. Packebush informed the Board that he reached this decision for personal reasons and not as a result of any dispute or conflict with the Board or the Company.

“Since becoming a member of our Board in 2020, Steve’s leadership and experience has been critical to the operational and financial transformation of our company,” said Mr. Behrman. “On behalf of the entire Board of Directors, I would like to thank Steve for his service to LSB and wish him all the best for the future.”

LSB Industries, Inc.

LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, is committed to playing a leadership role in the production of low and no carbon products that build, feed and power the world. The LSB team is dedicated to building a culture of excellence in customer experiences as we currently deliver essential products across the agricultural and industrial end markets and, in the future, the energy markets. The company manufactures ammonia and ammonia-related products at facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma and operates a facility for a global chemical company in Baytown, Texas. Additional information about LSB can be found on our website at www.lsbindustries.com.

Jonathan Ackerman

Jonathan Ackerman

GUADALAJARA, Mexico (AP) — Mexican military forces intercepted and brought down a drone that flew near the South Korean national soccer team’s training camp ahead of its World Cup match against Mexico, a federal official told The Associated Press on Wednesday.

Military forces used specialized equipment to detect an “unregistered drone” near the South Korean camp, prompting them to “neutralize” it, the Mexican federal agent said.

The official spoke on condition of anonymity because they were not authorized to discuss the incident publicly.

Co-host Mexico won its opening Group A match at the World Cup on Thursday while South Korea beat the Czech Republic later that same day. It wasn't clear if the drone was trying to spy on the South Korean team ahead of Thursday's match between the teams.

South Korea coach Hong Myung-bo called the incident “unfortunate.”

“Yesterday (Tuesday), during our training, there was a drone in the sky that we came to know about the fact,” Hong said through a translator. “But fortunately, it was right before we practiced our tactics, so it did not impact us. But while we were preparing for the match, that was the most important timing, so what happened was unfortunate.”

The Mexican operation was part of a security plan involving military and local police forces for the soccer tournament, which kicked off last week in Mexico City and is being co-hosted by the United States and Canada through July 19.

The official did not say when the incident occurred or whether any arrests were made. He said only that several drones had been neutralized in recent days after attempting to enter security zones around stadiums in Mexico City, Guadalajara and Monterrey — the tournament’s three host cities in Mexico — as well as team base camps and fan festivals.

In March, Mexican authorities announced a World Cup security operation known as “Plan Kukulkán,” involving about 100,000 personnel from federal and local military and police forces. The plan includes early warning systems, security measures at stadiums, airports, roads and hotels, and protection protocols for teams, officials and fans.

In Canada, authorities have banned unauthorized drones from flying over World Cup stadiums and several training sites in Vancouver and Toronto as a security measure. The restrictions remain in effect until July 7 — the date of the last game scheduled to be staged in the country.

In 2024, the Canadian women’s national team was accused of using a drone to spy on a New Zealand training session in the days leading up to their opening match at the Paris Olympics, triggering a spying scandal that led to sanctions against Canada.

The scandal led to the suspension of two coaching staff members and head coach Bev Priestman, who was subsequently dismissed by Canada Soccer. The Canadian women’s team — the reigning Olympic champions from the Tokyo Games — was deducted six points from its group standings in France.

Canada Soccer later determined that the incident was not an isolated error but part of a pattern of insufficient oversight within the national teams.

Sánchez reported from Mexico City. AP Sports Writer Anne M. Peterson in Vancouver contributed to this report.

AP World Cup coverage: https://apnews.com/hub/fifa-world-cup

South Korean players drink water ahead of the World Cup Group A soccer match against Czechia in Zapopan, near Guadalajara, Mexico, Thursday, June 11, 2026. (AP Photo/Matias Delacroix)

South Korean players drink water ahead of the World Cup Group A soccer match against Czechia in Zapopan, near Guadalajara, Mexico, Thursday, June 11, 2026. (AP Photo/Matias Delacroix)

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