Chemtura Announces Organizational Changes

24-Feb-2006

In order to place greater focus on specific businesses and functional areas, Chemtura Corporation announced the following organizational changes, effective immediately.

Performance Chemicals will report directly to Robert L. Wood, chairman and chief executive officer. Myles S. Odaniell, former executive vice president of Performance Chemicals, is leaving the company to pursue other interests.

Robert B. Weiner, former executive vice president of Supply Chain Operations, also is leaving the company to pursue other interests. A replacement will be named in the near future.

Chemtura's Global Research & Development group, headed by John A. Lacadie, will report to Gregory E. McDaniel, who has been promoted to executive vice president, Strategy, New Business Development and Technology. McDaniel will also have responsibility for Industrial Water Treatment on an interim basis.

Global Customer Care and Logistics will report to Marcus Meadows-Smith, executive vice president, Crop Protection and Consumer Products.

Gary Yeaw has been promoted to executive vice president, Human Resources and Communications, adding Communications and Environmental, Health & Safety to his previous Human Resources responsibilities.

Karen Osar, executive vice president and chief financial officer, will take direct responsibility for Investor Relations, which has been split out of the Communications group.

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