Brocksmith Leaving Worthington Board.COLUMBUS, Ohio -- Worthington Industries Inc. (NYSE NYSE See: New York Stock Exchange :WOR WOR Wake-On-Ring (motherboards/NICs) WOR Water-Oil Ratio WOR Wake on Radio (low-power radio transceivers) WOR Work Over Rig WOR Without Our Responsibility WOR Weekly Operating Report WOR Work Order Record ) announced today that James G. Brocksmith, Jr. has resigned from the board of directors. Brocksmith joined the board in February of 2003 and has resigned for personal reasons. "We regret that we will not have the benefit of his considerable expertise as a board member," Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John P. McConnell General John Paul McConnell (born 1908 - died 21 November, 1986) was the sixth Chief of Staff of the United States Air Force. As chief of staff of the U. S. Air Force, General McConnell served in a dual capacity. said. "We wish him well in all of his other board responsibilities and we anticipate no immediate changes for our board." Worthington Industries is a leading diversified metal processing company with annual sales of more than $2 billion. The Columbus, Ohio, based company is North America's premier value-added steel processor and a leader in manufactured metal products such as automotive aftermarket stampings, pressure cylinders, metal framing, metal ceiling grid systems and laser welded blanks. The company employs 8,000 people and operates 61 facilities in 10 countries. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement The company wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 ("the Act"). Statements by the company, which are not historical information constitute "forward looking statements" within the meaning of the Act. All forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from those projected. Factors that could cause actual results to differ materially include risks described from time to time in the company's filings with the Securities and Exchange Commission. |
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