Le Lézard
Classified in: Business
Subjects: BOARD OF DIRECTORS, Management Changes

Methanex Announces Changes to Executive Leadership Team

VANCOUVER, British Columbia, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world's largest producer and supplier of methanol, is pleased to announce the following appointments to its executive leadership team (ELT) by Rich Sumner who, as previously announced, will assume the role of President and CEO as of January 1, 2023:

"I am excited to announce these changes to the executive leadership team. These appointments are the result of strong internal talent development and multi-year succession planning which allows the company to make an orderly transition for the planned retirements of ELT. The new ELT members bring together over 120 years of leadership experience with the company which will allow them to seamlessly step into their roles and make an immediate impact. To support the transition, Mr. Cameron, who has gained broad knowledge of our business and strategy over almost 30 years, will remain with Methanex in an advisory role," said Rich Sumner, Methanex's incoming President and CEO. "We continue to focus on providing our customers with reliable methanol supply and generating strong returns for our shareholders. On behalf of everyone at Methanex, I want to thank Ian Cameron, Kevin Henderson, and Vanessa James for their significant contributions to the company."

Visit Leadership | Methanex Corporation for biographies for the new leadership team members.

About Methanex Corporation

Methanex Corporation is the world's largest producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe, and South America. The company's methanol production sites are in New Zealand, the United States, Trinidad, Chile, Egypt, and Canada. Methanex is headquartered in Vancouver, Canada, and the company's common shares trade on the Toronto Stock Exchange under the symbol MX and on the NASDAQ Global Select Market under the symbol MEOH. For more information, please visit www.methanex.com.

For further information, contact:

Methanex Media Inquiries
Nina Ng
Manager, Global Communications
+1-604-661-2600 or Toll Free: +1-800-661-8851

Methanex Investor Inquiries
Sarah Herriott
Director, Investor Relations
+1-604-661-2600 or Toll Free: +1-800-661-8851

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