Great Lakes Chemical Names New Chairman and Acting CEO

12-Nov-2004

The Board of Directors of Great Lakes Chemical announced the election of Nigel D.T. Andrews to the position of non- executive chairman and named John J. Gallagher, III, acting chief executive officer. The announcements, effective immediately, follow the resignation of Chairman and CEO Mark P. Bulriss for personal reasons.

Mr. Andrews, 57, has served on the Great Lakes board as an independent director since 2000, most recently as chair of the Compensation and Incentive Committee and as a member of the Governance and Nominating Committee. Mr. Andrews is a veteran of the General Electric Company holding senior executive roles in GE Plastics and GE Capital.

Mr. Gallagher, 40, joined Great Lakes in May 2001. Prior to joining Great Lakes, he was vice president and chief financial officer at UOP LLC, a $1.1 billion global joint venture of the Dow Chemical Company and Honeywell International, a position he held since 1999.

In addition, Jeffrey Potrzebowski, 51, Great Lakes' Vice-President for Financial Planning and Investor Relations, was named acting Chief Financial Officer. Mr. Potrzebowski joined Great Lakes in 1993 as director of internal audit and was named director of investor relations in 1996.

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