Ashland Inc. names Luis Fernandez-Moreno as new president of Ashland Water Technologies
(Thomson Reuters ONE) -
November 27, 2012
COVINGTON, Ky. - Ashland Inc. (NYSE: ASH) today announced that it has hired Luis
Fernandez-Moreno to serve as vice president of the company and president of
Ashland Water Technologies, the global leader in specialty papermaking chemicals
and a commercial unit of Ashland. He reports to John Panichella, Ashland senior
vice president and group operating officer.
Fernandez-Moreno, 50, brings nearly 30 years of chemical industry leadership
experience to this role. He most recently served as executive vice president of
Arch Chemicals, Inc., where he was responsible for the wood protection and HTH
water products businesses, with combined annual sales of approximately $900
million. Arch was acquired by Lonza Group Ltd., a leading supplier to the life
sciences industry, in October 2011. Prior to that, Fernandez-Moreno served as
business group vice president, Dow Coating Materials, a $3 billion unit that was
formed after Dow Chemical Co. (NYSE: DOW) acquired Rohm & Haas Co. in 2009. He
previously spent more than 25 years with Rohm & Haas in a series of leadership
roles spanning across Europe, Latin America and the United States. The
businesses he directed ranged from paint and coating materials to plastic
additives and printing technologies.
"Luis is a talented leader with significant experience in driving profitable
growth and execution across global business lines," said Panichella. "Throughout
his career, Luis has proved adept at forging close relationships with customers,
establishing clear strategic goals and holding his teams accountable for
performance. We are pleased to have someone with his experience in the specialty
chemical industry assume the leadership of Water Technologies and we are
confident in his ability to position the business for future sales and earnings
growth."
Fernandez-Moreno earned a Bachelor of Science degree in chemical engineering
from Universidad Iberoamericana in Mexico City. He also completed the Wharton
Management Program at The Wharton School at the University of Pennsylvania.
In more than 100 countries, the people of Ashland Inc. (NYSE: ASH) provide the
specialty chemicals, technologies and insights to help customers create new and
improved products for today and sustainable solutions for tomorrow. Our
chemistry is at work every day in a wide variety of markets and applications,
including architectural coatings, automotive, construction, energy, food and
beverage, personal care, pharmaceutical, tissue and towel, and water treatment.
Visit ashland.com to see the innovations we offer through our four commercial
units - Ashland Specialty Ingredients, Ashland Water Technologies, Ashland
Performance Materials and Ashland Consumer Markets.
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C-ASH
FOR FURTHER INFORMATION:
Media Relations
Gary Rhodes
+1 (859) 815-3047
glrhodes(at)ashland.com
Investor Relations
David Neuberger
+1 (859) 815-4454
daneuberger(at)ashland.com
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Source: Ashland Inc. via Thomson Reuters ONE
[HUG#1660682]
Unternehmensinformation / Kurzprofil:
Datum: 27.11.2012 - 13:00 Uhr
Sprache: Deutsch
News-ID 207149
Anzahl Zeichen: 3953
contact information:
Town:
Covington
Kategorie:
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