Company names Ernest S. Bryon to newly-created post of Vice President of Business Development in Asia
Mark R. McCormack Promoted to Vice President, Australian Operations
PITTSBURGH, Nov. 8 /PRNewswire-FirstCall/ -- Koppers Holdings Inc. (NYSE: KOP) announced today that Ernest S. Bryon, Vice President, Australasian Operations and Managing Director, Koppers Australia Pty Ltd., has been promoted to the newly-created position of Vice President, Asian Business Development, effective December 1, 2006. Mr. Bryon, 61, who has more than 40 years of experience in the steel and coal tar businesses, will be responsible for overseeing existing Asian operations and developing new growth opportunities in Asia for the company's two core businesses, Carbon Materials & Chemicals and Railroad & Utility Products.
Walter W. Turner, President and Chief Executive Officer of Koppers said, "With this new position, we will be better positioned to continue our focus on growing our market positions and developing new areas for Koppers to expand in this part of the world."
In a related move, Koppers also announced the promotion of Mark R. McCormack to Vice President, Australian Operations effective December 1, 2006 to assume Mr. Bryon's duties in Australia. Mr. McCormack will be responsible for the Australian carbon materials and chemicals and timber preservation businesses, including the Koppers Arch wood treatment chemicals joint venture. Mr. McCormack, 47, has over 20 years of industry experience.
About Koppers
Koppers, with corporate headquarters and a research center in Pittsburgh, Pennsylvania, is a global integrated producer of carbon compounds and treated wood products. Including its joint ventures, Koppers operates facilities in the United States, United Kingdom, Denmark, Australia, China, the Pacific Rim and South Africa. The stock of Koppers Holdings Inc. is publicly traded on the New York Stock Exchange under the symbol "KOP." For more information, visit us on the Web: www.koppers.com. Questions concerning investor relations should be directed to Brian H. McCurrie at 412 227 2153 or Michael W. Snyder at 412 227 2131.
Safe Harbor Statement
This news release may contain forward-looking statements based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, market position, expected expenditures and financial results are forward- looking statements. Some of the forward-looking statements may be identified by words like "expects," "anticipates," "plans," "intends," "projects," "indicates," and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by Koppers, particularly its latest annual report on Form 10-K and quarterly report on Form 10-Q, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to, changes in the laws, regulations, policies and economic conditions, including inflation, interest and foreign currency exchange rates, of countries in which the Company does business; competitive pressures; the loss of one or more key customer or supplier relationships; customer insolvencies; successful integration of structural changes, including restructuring plans, acquisitions, divestitures and alliances; cost and availability of raw materials; and other economic, business, competitive, regulatory and/or operational factors affecting the business of Koppers generally.
SOURCE: Koppers Holdings Inc.
TACT: Brian H. McCurrie, Vice President and Chief Financial Officer of Koppers Holdings Inc., +1-412-227-2153, or McCurrieBH@koppers.com