Constar International Inc. Names John P. Neafsey Chairman of its Board of Directors.Business Editors PHILADELPHIA--(BUSINESS WIRE)--April 29, 2004 Constar International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CNST CNST Clinical Negligence Scheme for Trusts (UK) CNST Certified Network Systems Technician ) today announced that its Board of Directors has elected John P. Neafsey as Chairman of the Company's Board. Charles F. Casey, Constar's former Chairman, will remain as a director of the Company. Mr. Neafsey has been a member of Constar's Board of Directors since July 2003. Mr. Neafsey, 64, is President of JN Associates, an investment consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . He also serves as Chairman of Alliance Resource Partners, L.P., as a Director of West Pharmaceutical Services Inc. and as Chairman of the Board of Directors of National Equipment Services Company. Mr. Neafsey is Trustee Emeritus and Presidential Counselor, Cornell University Cornell University, mainly at Ithaca, N.Y.; with land-grant, state, and private support; coeducational; chartered 1865, opened 1868. It was named for Ezra Cornell, who donated $500,000 and a tract of land. With the help of state senator Andrew D. , and Overseer of Weill-Cornell Medical Center. Mr. Neafsey previously served as President 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. of Greenwich Capital Markets from 1990 through 1993 and a Director since its founding in 1983. Earlier in his career Mr. Neafsey was with The Sun Company, now Sunoco, Inc., for 23 years serving in positions of increasing responsibility including Executive Vice President of Canadian operations, the Sun Coal Company and the Helios Capital Corporation; Chief Financial Officer; and other executive positions with numerous subsidiary companies. "John Neafsey's proven leadership abilities, intelligence, experience and dedication have been great assets to the Company," commented Michael J. Hoffman, President and Chief Executive Officer. "We look forward to even greater contributions from him as our Chairman. At the same time, we are grateful for the contributions of Chuck Casey. Chuck came out of retirement to lead our Board at the time of our IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. . Although he chose to step down as Chairman so as to reduce his responsibilities somewhat, we are pleased that he will continue to serve as a Director of the Company." Mr. Neafsey holds Bachelor and Master of Science degrees in Engineering and a Master of Business Administration degree from Cornell University. About Constar Philadelphia-based Constar is a leading global producer of PET (polyethylene terephthalate Ter`eph´tha`late n. 1. (Chem.) A salt of terephthalic acid. ) plastic containers for food, soft drinks and water. The Company provides full-service packaging solutions, from product design and engineering, to ongoing customer support. Its customers include many of the world's leading branded consumer products companies. |
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