Ms. Mary Lindsey, Dr. Yi Hyon Paik and Mr. Michel Wurth Appointed to Orion Engineered Carbons Board of Directors
July 13 2020 - 4:30PM
Business Wire
Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier
of specialty and high-performance Carbon Black, announced that the
Company’s shareholders elected three new independent members to its
Board of Directors at its recent 2020 Annual General Meeting of
Shareholders. The new independent directors are Ms. Mary Lindsey,
retired Chief Financial Officer of Commercial Metals Company, Dr.
Yi Hyon Paik, former President and Chief Strategy Officer of
Samsung SDI Company and Mr. Michel Wurth, chairman of ArcelorMittal
Luxembourg.
"I am delighted to welcome these three very reputable and
talented individuals to the Orion Board. Mary, Yi Hyon and Michel
bring an extensive range of experiences to our Board and will
complement the diverse skills of our strong board of directors
team. They will be excellent additions to the Board committees on
which they will serve. We look forward to leveraging their
expertise, leadership and guidance as we oversee the Company’s
value creation strategy," said Dan F. Smith, Chairman of the Board
of Orion Engineered Carbons.
About Mary Lindsey
Ms. Lindsey served as Vice President and Chief Financial Officer
of Commercial Metals Company, a global manufacturer and recycler of
steel and other metals, from January 2016 until September 2017, at
which time she was promoted to Senior Vice President and Chief
Financial Officer until her retirement in August 2019. In addition,
Ms. Lindsey served as Vice President-Tax from 2009 to 2016. Also,
Ms. Lindsey spent twenty years at The Timken Company starting as a
Corporate Attorney and then moving into various roles, including
business strategy, until her promotion to Vice President, Tax and
Tax Counsel before departing in 2005. Ms. Lindsey currently serves
as a Director and chair of the Audit Committee of Lindsay
Corporation, and as a Director of Methode Electronics, Inc.,
U.S.A.
About Yi Hyon Paik
Dr. Paik was the President and Chief Strategy Officer of Samsung
SDI Company from March 2014 to April 2016. Prior to Samsung SDI
Company, he was the Executive Vice President and Head of Electronic
Materials Business at Samsung Cheil Industries from 2010 to 2013.
From 2009 to 2010, Dr. Paik worked at the Dow Chemical Company as
its Business Group Vice President and Head of Electronic Materials
Business. Before the Dow Chemical Company, he served at the Rohm
and Haas Company as Business Group Vice President and President of
the Electronic Materials Business. He served on the Board of Versum
Materials, Inc. from 2016 until the company was acquired by Merck
KGaA in October 2019.
About Michel Wurth
Mr. Wurth is chairman of ArcelorMittal Luxembourg and a
non-independent board member of ArcelorMittal S.A., the largest
steel and mining company in the world. He has served most of his
professional career within ArcelorMittal and its predecessor
companies, Arcelor and ARBED. Between 2006 and 2014, he was Senior
Executive Vice President and member of the Group Management Board
of ArcelorMittal, successively in charge of Flat Carbon Steel
Europe, Global Automotive, R&D and Long Carbon steel worldwide.
He was CFO of Arcelor starting from 2002 to 2006 and occupied
different functions at ARBED prior to 2002, CFO and Corporate
Secretary. He serves several private companies as a non-executive
board member. He is member of the Council of the Luxembourg Central
Bank. He also is vice-chairman of the Luxembourg Red Cross and of
Foundation des Hôpitaux Robert Schuman. He was Chairman of the
Luxembourg Chamber of Commerce and of Union des Entreprises
Luxembourgeoises between 2004 and 2019.
About Orion Engineered Carbons S.A.:
Orion is a worldwide supplier of Carbon Black. We produce a
broad range of Carbon Blacks that include high-performance
Specialty Gas Blacks, Acetylene Blacks, Furnace Blacks, Lamp
Blacks, Thermal Blacks and other Carbon Blacks that tint, colorize
and enhance the performance of polymers, plastics, paints and
coatings, inks and toners, textile fibers, adhesives and sealants,
tires, and mechanical rubber goods such as automotive belts and
hoses. Orion runs 14 global production sites. The group has
approximately 1,450 employees worldwide. For more information,
please visit our website www.orioncarbons.com.
Note on Forward Looking Statements
This press release may contain and refer to certain
forward-looking statements. These statements may constitute
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements are statements of future expectations that are based on
management’s current expectations and assumptions and involve known
and unknown risks and uncertainties that could cause actual
developments, results, performance or events to differ materially
from those expressed or implied in these statements.
Forward-looking statements include, among others, statements
concerning the potential exposure to market risks, statements
expressing management’s expectations, beliefs, estimates,
forecasts, projections and assumptions and statements that are not
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You should not place undue reliance on forward looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20200713005636/en/
Orion Engineered Carbons S.A. Investor Relations Wendy Wilson,
+1 281-974-0155 Investor-Relations@orioncarbons.com
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