Cytec Industries Elects New Director.Business Editors 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 Company's Board of Directors has elected Mr. Anthony G. Fernandes as a new director, increasing the size of the Board to nine. Mr. Fernandes was recently Chairman, Chief Executive Officer and President of Philip Services Corporation, an industrial services and integrated metals recovery company with operations in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. Prior to joining PSC (Public Service Commission) Same as PUC. in 1999, Mr. Fernandes built a career in the Atlantic Richfield Company which he joined in 1968. Senior positions which Mr. Fernandes held included Corporate Controller, and from 1994 to 1999 Executive Vice President and a member of the Board of Directors responsible for diverse global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. including refining, marketing, chemicals, coal, power and pipelines. In addition, he was Chairman of ARCO Chemical, a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. owned 80% by Atlantic Richfield. David Lilley, Chairman, President and Chief Executive Officer, commented, "Tony's vast global business knowledge allied to his significant financial experience will be invaluable to Cytec and the Board of Directors. We all look forward to Tony making a significant contribution to the continuing successful growth of Cytec." Corporate Profile Cytec Industries is a specialty chemicals and materials technology company with sales in 2001 of $1.4 billion. Its growth strategies are based on developing technologically advanced customer solutions for global markets, including: aerospace, plastics, industrial coatings, mining, and water treatment. |
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