Venator Materials PLC announced the appointment of new independent directors, Stefan M. Selig and Jame Donath, who bring extensive experience to the role including in finance, investment and regulatory affairs, following the resignation of Miguel Kohlmann from the Board. In addition to serving as Venator's Chairman, Mr. Selig also will be a member of the Board's Audit Committee. Mr. Donath will join the Board's Compensation Committee.

About Stefan M. Selig: Stefan M. Selig is the founder of BridgePark Advisors LLC and serves as the Lead Independent Director of the Board of directors for Safehold Inc. and is a Board member of Simon Property Group. Mr. Selig served as Undersecretary of Commerce for International Trade for the U.S. Department of Commerce from June 2014 to June 2016. Prior to that time, Mr. Selig was with Bank of America Merrill Lynch from March 1999 to May 2014, ultimately serving as Executive Vice Chairman of Global Corporate and Investment Banking.

About Jame Donath: Jame Donath is an investor and corporate director with over 20 years of experience sourcing and executing credit and private equity investments. He was formerly the Managing Partner of Magnolia Road Capital, a global event-driven credit hedge fund based in New York. Prior to forming Magnolia Road in 2013, Mr. Donath was a Managing Director at Davidson Kempner Capital Management in New York and London, where he launched and oversaw the firm's European credit business.

He started his career at Goldman Sachs in the Investment Banking Division.