LSB Industries Appoints New Board Member, Announces Retirement

Jonathan Ackerman joins the board as Steve Packebush steps down after 6 years of service.

Apr. 2, 2026 at 9:38pm

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A high-end, photorealistic studio still-life photograph featuring a polished metal gear, a sleek glass beaker, and a smooth wooden block floating on a clean white background, conceptually representing the intersection of industrial manufacturing, chemical processing, and strategic leadership.The appointment of an infrastructure expert to LSB's board signals a strategic shift as the company looks to leverage new leadership and operational expertise.Oklahoma City Today

LSB Industries, Inc. has appointed Jonathan Z. Ackerman as an independent member of the Board of Directors, effective April 2, 2026. Ackerman, an experienced leader in infrastructure development and finance, will stand for election by shareholders at the 2026 Annual Meeting. The company also announced that Steve Packebush will not stand for re-election and will resign from the Board immediately, citing personal reasons.

Why it matters

The addition of Ackerman, with his extensive background in infrastructure and operations, is expected to provide valuable expertise to LSB as it continues its transformation. Packebush's departure after 6 years on the board marks a transition in LSB's leadership as the company looks to the future.

The details

Ackerman has a track record of delivering over $10 billion in value for investors through developing major import/export infrastructure projects. He co-founded Meridian Infrastructure and previously served as CEO of Moda Midstream. Packebush informed the board that he is resigning for personal reasons, not due to any dispute or conflict.

  • Ackerman's appointment is effective April 2, 2026.
  • Packebush will resign from the board immediately after the 2026 Annual Meeting on May 21, 2026.

The players

Jonathan Z. Ackerman

An experienced leader in infrastructure development and finance, Ackerman has successfully delivered approximately $10 billion of value for investors by developing world-class infrastructure over multiple investment cycles.

Steve Packebush

A member of LSB's Board of Directors since 2020, Packebush's leadership and experience has been critical to the operational and financial transformation of the company.

Mark Behrman

The Chairman and Chief Executive Officer of LSB Industries, Behrman welcomed Ackerman to the board and thanked Packebush for his service.

LSB Industries, Inc.

A publicly traded company headquartered in Oklahoma City, LSB Industries is committed to playing a leadership role in the production of low and no carbon products across the agricultural, industrial, and energy markets.

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What they’re saying

“It is an honor to welcome Jon to the LSB board. 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.”

— Mark Behrman, Chairman and Chief Executive Officer

“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. 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.”

— Mark Behrman, Chairman and Chief Executive Officer

What’s next

Ackerman will stand for direct election by shareholders for the first time at the LSB annual meeting on May 21, 2026.

The takeaway

The addition of an infrastructure and operations expert like Ackerman to the LSB board, coupled with the departure of a long-serving director in Packebush, signals a strategic shift as the company looks to leverage its expertise and drive continued transformation.