THE WOODLANDS, Texas,
March 25 /PRNewswire-FirstCall/ --
Huntsman Corporation (NYSE: HUN) today announced the appointment of
Dr. Patrick Harker as a new
independent director to its Board of Directors effective
March 24, 2010.
Dr. Harker, age 51, has been President of the University of Delaware, Newark, Delaware since 2007. From
February 2000 through June 2007, Dr. Harker was Dean of the Wharton
School of the University of
Pennsylvania and served as a Professor of Electrical and
Systems Engineering in the University of
Pennsylvania's School of Engineering and Applied Science.
Since 2000, Dr. Harker has served as a Trustee of the Goldman
Sachs Trust and Goldman Sachs Variable Trust. He also served
as a Member of the Board of Managers of the Goldman Sachs Hedge
Fund Partners Registered Fund LLC from 2004 through 2009.
Since May 2009, Dr. Harker has
served as a director for Pepco Holdings, Inc.
Commenting on the appointment, Jon M.
Huntsman, Executive Chairman of the Board of Directors of
Huntsman Corporation said, "I am delighted that Dr. Harker has
agreed to serve on our Board of Directors. I believe that his
extensive experience in leading world-class institutions, along
with his board and executive-level management experience and strong
background in applied sciences, make him an excellent addition to
the Board, and we all look forward to working with him."
The Huntsman Board now comprises nine directors, seven of whom
are independent directors.
About Huntsman:
Huntsman is a global manufacturer and marketer of differentiated
chemicals. Its operating companies manufacture products for a
variety of global industries, including chemicals, plastics,
automotive, aviation, textiles, footwear, paints and coatings,
construction, technology, agriculture, health care, detergent,
personal care, furniture, appliances and packaging.
Originally known for pioneering innovations in packaging and,
later, for rapid and integrated growth in petrochemicals, Huntsman
today has more than 11,000 employees and operates from multiple
locations worldwide. The Company had 2009 revenues of
approximately $8 billion. For
more information about Huntsman, please visit the Company's website
at www.huntsman.com.
Forward-Looking Statements:
Statements in this release that are not historical are
forward-looking statements. These statements are based on
management's current beliefs and expectations. The forward-looking
statements in this release are subject to uncertainty and changes
in circumstances and involve risks and uncertainties that may
affect the company's operations, markets, products, services,
prices and other factors as discussed in the Huntsman companies'
filings with the U.S. Securities and Exchange Commission.
Significant risks and uncertainties may relate to, but are not
limited to, financial, economic, competitive, environmental,
political, legal, regulatory and technological factors.
In addition, the completion of any transactions
described in this release is subject to a number of uncertainties
and closing will be subject to approvals and other customary
conditions. Accordingly, there can be no assurance that such
transactions will be completed or that the company's
expectations will be realized. The company assumes no obligation to
provide revisions to any forward-looking statements should
circumstances change, except as otherwise required by applicable
laws.
SOURCE Huntsman Corporation