Article: Cytec Board Announces Chairman and CEO David Lilley's Intent to Retire on December 31st, 2008.(Company overview)

The Board of Directors of Cytec Industries Inc. (NYSE:CYT) announced that Chairman and Chief Executive Officer, David Lilley's decision to retire effective December 31st, 2008. The Board of Directors has elected Shane Fleming to succeed Mr. Lilley as Chairman of the Board and Chief Executive Officer effective January 1st, 2009. After January 1st and until the annual stockholders meeting in April 2009, Mr. Lilley will remain on the Board as a non-executive Director and will continue to work with the Board, Mr. Fleming and the Cytec executive team to ensure a smooth transition of leadership.

Mr. Fleming joined the Cytec predecessor company in 1983 in the Mining ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!