Cytec Announces Organizational Change; Drillock Adds Investor Relations Responsibilities.
Business Editors
WEST PATERSON, N.J.--(BUSINESS WIRE)--April 11, 2002
Cytec Industries Inc. (NYSE:CYT) announced an organizational change that is part of the restructuring announced earlier today.
In connection with the restructuring, William F. Cleary, Vice President,
David Lilley, Cytec's Chairman, President, and Chief Executive Officer said, "I want to take this opportunity to thank Bill for his contributions to Cytec. Bill led initiatives to increase the analyst coverage of Cytec and to broaden the investor base. We wish him well in his future endeavors."
Mr. Lilley added, "We remain committed to a strong investor relations program for our shareholders and the investment community and I am confident this will continue under David's leadership."
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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