Cytec Announces Treasurer Retirement
Woodland Park, New Jersey, December 11, 2012 - Cytec Industries Inc. (NYSE:CYT) announced today the retirement of Thomas Wozniak as Treasurer of the Corporation. Mr. Wozniak will stay through the closing of the sale of the Coatings business expected in the first quarter of 2013 and for a period of time afterward to allow a smooth transition to his successor. David Drillock, Vice President and Chief Financial Officer commented, "On behalf of Cytec's Board of Directors and Cytec's Executive Leadership Team, I want to thank Tom for his dedication to Cytec and the many valuable contributions he has made to the organization. Tom's career with Cytec began with our spin-off as an independent company in December 1993 and his cost effective leadership over that time-span resulted in large savings for the Company, including most recently, the financing of the Umeco Plc acquisition. We wish Tom, his wife Nancy and two children continued good health and happiness."
Corporate Profile Cytec's vision is to deliver specialty material and chemical technologies beyond our customers' imagination. Our focus on innovation, advanced technology and application expertise enables us to develop, manufacture and sell products that change the way our customers do business. Our pioneering products perform specific and important functions for our customers, enabling them to offer innovative solutions to the industries that they serve. Our products serve a diverse range of end markets including aerospace and industrial materials, mining and plastics.
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