Cytec Industries Elects Mark Andrekovich Vice President, Human Resources.WEST PATERSON West Paterson (păt`ərsən), borough (1990 pop. 10,982), Passaic co., NE N.J., a suburb of Paterson; inc. 1914. Electric, electronic, and photographic products are made in the borough. , N.J.--(BUSINESS WIRE)--Aug. 30, 1999-- Cytec Industries Cytec Industries is a specialty chemicals and materials technology company with pro-forma sales in 2004, including the Surface Specialties acquisition, of approximately $3.0 billion. Cytec is a result of its spin-off from American Cyanamid Company. Inc. (NYSE NYSE See: New York Stock Exchange : CYT) announced today that the Board of Directors had elected Mark S. Andrekovich Vice President, Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . Cytec Industries is a leader in advanced specialty chemicals and materials technologies serving global markets. David Lilley David William Lilley (born 31 October 1977, in Bellshill) is a Scottish professional footballer currently playing for Scottish Premier League club Kilmarnock. Lilley, a defender began his career at Queen of the South and had spells with Aberdeen, Ross County (on loan) and , Chairman, President and Chief Executive Officer, said, "Mark's election as a corporate vice-president reflects the value the board of directors and I place on our people -- they are critically important to Cytec's growth strategies and our success in our highly competitive industry. Our focus on technology requires that we develop the necessary capabilities for every one of our 5,200 employees. To support that mission, Mark will lead the Human Resources team to recruit, develop and retain the highest quality people to drive Cytec's growth throughout the world." Mark reports directly to David and comes to Cytec from the position of Group Vice President, Human Resources, Motor and Power Generation Groups, MagneTek Corporation. He previously served in human resources positions with the Nordson Corporation, General Electric, and Owens/Illinois. Company Profile Cytec Industries Inc. is a specialty chemicals and materials technology company with 1998 sales of $1.4 billion and diluted earnings per share diluted earnings per share An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of of $2.68. Its growth strategies are based on developing technologically advance customer solutions for global markets, including: aerospace, plastics, industrial coatings, mining, paper and water treatment. Cytec is in the S&P Mid-Cap 400 index. |
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