Rockwood Appoints New Board Member; Sheldon R. Erikson, Chairman, President and CEO of Cooper Cameron Corp., Joins Rockwood's Bo
November 10 2005 - 5:26PM
PR Newswire (US)
PRINCETON, N.J., Nov. 10 /PRNewswire-FirstCall/ -- Rockwood
Holdings, Inc. (NYSE:ROC), "Rockwood") has appointed Sheldon R.
Erikson to its board of directors and the board's audit committee,
effective November 10, 2005. Mr. Erikson is the current chairman,
president and chief executive officer of Cooper Cameron Corporation
(NYSE:CAM), a global manufacturer, provider and servicer of oil and
gas industry equipment. "We are pleased to welcome Mr. Sheldon
Erikson to Rockwood's board of directors," said Seifi Ghasemi,
Rockwood's chairman and chief executive officer. "His extensive
operating expertise and notable business leadership skills will
help drive Rockwood's continued development as a world-class
diversified, global specialty chemicals and advanced materials
company." Erikson joined Cooper Cameron Corporation, a $2.5 billion
global manufacturer, provider and servicer of oil and gas industry
equipment in Houston, Texas, in 1995 as president and chief
executive officer. In 1996, he was named chairman of Cooper Cameron
Corporation. From 1987 to 1995, Erikson served as chairman,
president and chief executive officer of The Western Company of
North America, an international petroleum service company. He
currently serves as a director of Spinnaker Exploration Company, an
independent energy company engaged in the exploration, development
and production of oil and gas. Erikson also serves on the board of
The National Petroleum Council, American Petroleum Institute,
Petroleum Equipment Suppliers Association and the National
Association of Manufacturers. Erikson attended the University of
Illinois, majoring in engineering and economics and also has a
master of business administration degree from Harvard University.
Rockwood Holdings, Inc. is the ultimate parent company of Rockwood
Specialties Group, Inc., a leading global specialty chemicals and
advanced materials company. Rockwood has a worldwide employee base
of approximately 10,200 people and net revenue of approximately
$2.9 billion in 2004 on a pro forma basis. The company focuses on
global niche segments of the specialty chemicals and advanced
materials markets, including specialty chemicals, performance
additives, titanium dioxide pigments, advanced ceramics, custom
synthesis, specialty compounds and electronics. For more
information on Rockwood, please visit http://www.rocksp.com/. The
information set forth in this press release contains certain
"forward- looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 concerning the business,
operations and financial condition of Rockwood Holdings, Inc., its
subsidiaries and affiliates ("Rockwood"). Words such as
"anticipates," "believes," "estimates," "expects," "forecasts,"
"predicts" and variations of such words or expressions are intended
to identify forward-looking statements. Although Rockwood believes
the expectations reflected in such forward-looking statements are
based upon reasonable assumptions, there can be no assurance that
its expectations will be realized. "Forward-looking statements"
consist of all non-historical information, including the statements
referring to the prospects and future performance of Rockwood.
Actual results could differ materially from those projected in
Rockwood's forward-looking statements due to numerous known and
unknown risks and uncertainties, including, among other things, the
"Risk Factors" described in Rockwood's securities filings with the
Securities and Exchange Commission, including its registration
statement on Form S-1. Rockwood does not undertake any obligation
to publicly update any forward- looking statement to reflect events
or circumstances after the date on which any such statement is made
or to reflect the occurrence of unanticipated events. DATASOURCE:
Rockwood Holdings, Inc. CONTACT: Camille Dager, , or Shawn
Salvatore, , both of HB&M, +1-215-440-9800, for Rockwood Web
site: http://www.rocksp.com/
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