THE WOODLANDS, Texas,
June 16, 2020 /PRNewswire/ --
Huntsman Corporation (NYSE: HUN) today announced the appointment of
Ms. Cynthia L. Egan and Ms. Sonia
Dulá to its Board of Directors effective immediately. Both bring to
Huntsman long and distinguished professional careers in global
financial services, investment management, and international
operations. The Huntsman Board now comprises ten directors,
nine of whom are independent.
Ms. Egan spent her career primarily as an executive in the
investment management industry. She served as President of
Retirement Plan Services for T. Rowe Price Group, a global
investment management organization, and as an advisor to the U.S.
Department of Treasury. Prior to joining T. Rowe Price, Ms. Egan held progressively senior
level positions with Fidelity Investments, a multinational
financial services corporation, including Executive Vice President,
Head of Fidelity Institutional Services Company, President of the
Fidelity Charitable Gift Fund, and Executive Vice President of
Fidelity Management Research Company. Ms. Egan started her
professional career at the Board of Governors of the Federal
Reserve in 1980 and worked at KPMG Peat Marwick and Bankers Trust
before joining Fidelity in 1989.
Ms. Egan presently serves as a director and the Vice Chair of
the Board of The Hanover Insurance Group. She is also a director of
Unum Group and the BlackRock Fixed Income Funds Complex, comprising
110 mutual funds, and she previously sat on the Board of Envestnet.
She currently serves as Chair of the Board of Visitors of the
University of Maryland School of
Medicine.
Ms. Dulá spent her career primarily as an executive in the
financial services and media industries, most recently serving as
Vice Chairman at Bank of America (BofA), Global Corporate and
Investment Banking. Before that, she ran Merrill Lynch's Latin
America Wealth Management Division and was head of BofA's Latin
America Corporate and Investment Banking Division. Before joining
BofA, Ms. Dulá was the CEO of Grupo Latino de Radio, owner and
operator of more than 500 radio stations in Latin America and the U.S. Hispanic market.
Ms. Dulá began her career in investment banking at Goldman Sachs in
London and New York.
Ms. Dulá presently serves as a director on the boards of
Hemisphere Media Group, PRISA, and Acciona of Spain, and she serves as a member of the Latin
America Strategic Advisory Board of Banco Itaú. Ms. Dulá is a life
member of the Council on Foreign Relations, and she previously sat
on the boards of the Council of the Americas, Women's World
Banking, and the Arsht Center for the Performing Arts.
Peter Huntsman, Chairman,
President and CEO, commenting on the appointments, said, "We are
honored to have Ms. Cynthia Egan and
Ms. Sonia Dulá join our Board of Directors. Cynthia and Sonia each
bring a wealth of relevant experience from the investment and
banking industries, adding to our already diverse and experienced
Board. These new directors will give us greater depth and
capability."
About Huntsman:
Huntsman Corporation is a publicly
traded global manufacturer and marketer of differentiated and
specialty chemicals with 2019 revenues of approximately
$7 billion. Our chemical products
number in the thousands and are sold worldwide to manufacturers
serving a broad and diverse range of consumer and industrial
end markets. We operate more than 70 manufacturing, R&D and
operations facilities in approximately 30 countries and
employ approximately 9,000 associates within our four distinct
business divisions. For more information about Huntsman, please
visit the company's website at www.huntsman.com
Social Media:
Twitter:
www.twitter.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman
Forward-Looking Statements:
Certain information in
this release constitutes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. 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 under the
caption "Risk Factors" 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, volatile
global economic conditions, cyclical and volatile product markets,
disruptions in production at manufacturing facilities,
reorganization or restructuring of Huntsman's operations, including
any delay of, or other negative developments affecting the ability
to implement cost reductions, timing of proposed transactions, and
manufacturing optimization improvements in Huntsman businesses and
realize anticipated cost savings, and other financial, economic,
competitive, environmental, political, legal, regulatory and
technological factors. The company assumes no obligation to provide
revisions to any forward-looking statements should circumstances
change, except as otherwise required by applicable laws.
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SOURCE Huntsman Corporation