SK Capital has promoted Barry Penney to managing director and Cole Abernathy to senior associate. Also, the firm promoted Cecilia Pulmano to director, office administration.
New York, NY – January 15, 2019 – SK Capital Partners, a private investment firm focused exclusively on the specialty materials, chemicals and pharmaceuticals sectors, announced today several promotions.
Barry Penney has been promoted to Managing Director after joining SK Capital as a Principal in 2015. Mr. Penney spent over thirty years as an executive in domestic and international chemical businesses in a variety of management and operating roles. Mr. Penney previously served as the President of NGL’s, Olefins and Feedstocks at Ascend Performance Materials, an SK Capital portfolio company. Prior to Ascend, he served in a variety of senior operating positions at Exxon, Bayer, Goodyear and Cytec.
In addition, Cole Abernathy was promoted to Senior Associate. Prior to joining SK Capital in 2015, Mr. Abernathy worked as an Investment Banking Analyst in the Industrials Group of Wells Fargo Securities, where he focused on transactions in the chemicals, metals and mining industries.
The firm also announced the promotion of Cecilia Pulmano to Director, Office Administration. Cecilia has led the administration function at SK Capital since she joined the firm in 2010.
ABOUT SK CAPITAL
SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and pharmaceuticals sectors. The firm seeks to build strong and growing businesses that create substantial long-term value. SK Capital utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. For more information, please visit www.skcapitalpartners.com.