Chemtura Names Gary P. Yeaw Senior Vice President, Human Resources.

MIDDLEBURY, Conn. -- Chemtura Corporation (NYSE: CEM) today announced the appointment of Gary P. Yeaw as senior vice president, Human Resources (HR), effective Sept. 6.

"Gary is an accomplished HR executive with more than 20 years of experience and a track record of implementing innovative, cost-effective programs," said Robert L. Wood, chairman and chief executive officer. "He will play a pivotal role in the design of a new performance management system we are developing as well as in other key corporate-wide initiatives. I am confident that Gary will assist Chemtura in achieving its mission to become a great place for employees to work and have successful careers."

Yeaw joins Chemtura from American Standard Companies in New Jersey, where he served as vice president, HR, for the corporation's global bath and kitchen business, a $2.4 billion business with 29,000 employees and 62 manufacturing sites in 25 countries. He also served at American Standard as vice president, HR, for operational excellence in charge of global benefit programs, labor relations, HR systems and employee services.

Yeaw's other previous positions include serving as vice president, compensation and HR services; vice president, benefits; and director of HR, mergers and acquisitions, for Honeywell International; director of operations, National Employee Benefits Center for Towers Perrin; and director of benefits services for AlliedSignal Inc. His experience includes establishing corporate-wide leadership development programs; developing global compensation and rewards programs; designing benefits programs; and establishing employee self-service processes to improve HR efficiency.

Yeaw earned a bachelor's degree in economics and finance at the University of South Florida and completed the Human Resources Management Executive Program at the University of Michigan. He also has extensive training and certification in Total Quality Management and Six Sigma. He was a charter member of the International Society of Employee Benefits Specialists and has served on the American Benefits Council Advisory Board and the Conference Board Council on Executive Compensation.

Chemtura Corporation, with pro forma 2004 sales of $3.7 billion, is a global manufacturer and marketer of specialty chemicals, crop protection and pool, spa and home care products. Headquartered in Middlebury, Conn., the company has 7,300 employees around the world. Additional information concerning Chemtura is available at www.chemtura.com.

Forward-Looking Statement 

Certain statements made in this release are forward-looking statements that involve risks and uncertainties, including, but not limited to, general economic conditions; the outcome and timing of antitrust investigations and related civil lawsuits to which Chemtura is subject; the ability to obtain increases in selling-prices; pension and other post-retirement benefit plan assumptions; energy and raw material prices and availability; production capacity; changes in interest rates and foreign currency exchange rates; changes in technology, market demand and customer requirements; the enactment of more stringent environmental laws and regulations; the ability to realize expected cost savings under Chemtura's cost-reduction initiatives; the amount of any additional earn-out payments from General Electric Company from the sale of the OrganoSilicones business; the ability to reduce Chemtura's debt levels; the ability to successfully integrate the Crompton and Great Lakes businesses and operations and achieve anticipated benefits from the merger, including costs savings and synergies; and other risks and uncertainties detailed in filings with the Securities and Exchange Commission by Chemtura or its predecessor companies. These statements are based on Chemtura's estimates and assumptions and on currently available information. The forward-looking statements include information concerning our possible or assumed future results of operations, and Chemtura's actual results may differ significantly from the results discussed. Forward-looking information is intended to reflect opinions as of the date this release was issued and such information will not necessarily be updated by Chemtura.