Cytec Industries Inc. (NYSE:CYT) announced today the appointment of
William (Bill) Wood as President of Cytec’s Engineered Materials
business. Mr. Wood will become a member of Cytec’s Executive Leadership
Team, effective immediately. He will continue to be based at the
headquarters for Engineered Materials in Tempe, Arizona.
Mr. Wood, 48, was Vice President of Commercial operations for the
Engineered Materials business responsible for sales, technical services
and program management since 2007. Prior to that he held several general
manager roles for Engineered Materials in the U.S. and Europe, where he
lived in Wrexham, U.K. for three years. Mr. Wood came to Cytec as part
of the Fiberite acquisition in 1997. Shane Fleming, Chairman, President
and Chief Executive Officer commented, “We are pleased to have Bill for
this important position in Cytec. His years of experience in the
aerospace business and ability to identify the most important business
issues and direction will be a key asset for us going forward and insure
a smooth and immediate transition to his new assignment. We look forward
to his leadership in the future growth of the business and participation
in our enterprise initiatives.”
Mr. Wood succeeds Steven Speak who has elected to retire after a
transition period. Mr. Fleming continued, “The Board of Directors and I
thank Steve for his years of dedication and leadership for Engineered
Materials as the business grew substantially during this time. He leaves
the business with a great growth platform to build upon. We wish him and
his family well.”
Corporate Profile
Cytec Industries Inc. is a global specialty chemicals and materials
company focused on developing, manufacturing and selling value-added
products. Our products serve a diverse range of end markets including
aerospace, adhesives, automotive and industrial coatings, chemical
intermediates, inks, mining and plastics. We use our technology and
application development expertise to create chemical and material
solutions that are formulated to perform specific and important
functions in the finished products of our customers.
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