Grace Names Keith N. Cole, Vice President Government Relations and EHS
COLUMBIA, Md. -- January 17, 2014
W. R. Grace & Co. (NYSE: GRA) announced today the appointment of Keith N. Cole
as Vice President, Government Relations and Environment, Health, and Safety.
Cole will be responsible for Grace’s EHS and public affairs activities
worldwide. He will report to Chairman and Chief Executive Officer Fred Festa
and be located at the company’s global headquarters in Columbia, MD.
Since 2002, Cole has held leadership positions in government relations and
public policy for General Motors Corporation, including assignments in
Shanghai and Washington, D.C. Prior to 2002, Cole was a partner in two
Washington law firms that provided counsel and lobbying services in
environmental, energy, utility, and business matters. Prior to his lobbying
experience, he served as Counsel to the U.S. Senate, Small Business Committee;
and Minority Counsel, U.S. House of Representatives, Energy and Commerce
Committee. Cole earned his Juris Doctor at the University of Virginia School
of Law, and his bachelor’s degree in Mechanical Engineering and Material
Science from Duke University.
“Keith brings knowledge and experience extremely well suited to our global
specialty chemical business,” said Fred Festa. “This appointment reflects the
central importance of environment, health, and safety across our business, as
well as our commitment to the communities where we operate.”
Grace is a leading global supplier of catalysts; engineered and packaging
materials; and, specialty construction chemicals and building materials. The
company’s three industry-leading business segments—Grace Catalysts
Technologies, Grace Materials Technologies and Grace Construction
Products—provide innovative products, technologies and services that enhance
the quality of life. Grace employs approximately 6,500 people in over 40
countries and had 2012 net sales of $3.2 billion. More information about Grace
is available at www.grace.com.
This announcement contains forward-looking statements, that is, information
related to future, not past, events. Such statements generally include the
words “believes,” “plans,” “intends,” “targets,” “will,” “expects,”
“suggests,” “anticipates,” “outlook,” “continues” or similar expressions.
Forward-looking statements include, without limitation, all statements
regarding Grace’s Chapter 11 case; expected financial positions; results of
operations; cash flows; financing plans; business strategy; budgets; capital
and other expenditures; competitive positions; growth opportunities for
existing products; benefits from new technology and cost reduction
initiatives, plans and objectives; and markets for securities. For these
statements, Grace claims the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act of 1995.
Like other businesses, Grace is subject to risks and uncertainties that could
cause its actual results to differ materially from its projections or that
could cause other forward-looking statements to prove incorrect. Factors that
could cause actual results to materially differ from those contained in the
forward-looking statements include, without limitation: developments affecting
Grace’s bankruptcy, propose plan of reorganization and settlements with
certain creditors, the cost and availability of raw materials (including rare
earth) and energy, developments affecting Grace’s underfunded and unfunded
pension obligations, risks related to foreign operations, especially in
emerging region, acquisitions and divestitures of assets and gains and losses
from dispositions or impairments, the effectiveness of its research and
development and growth investments, its legal and environmental proceedings,
costs of compliance with environmental regulation and those factors set forth
in Grace’s most recent Annual Report on Form 10-K, quarterly report on Form
10-Q and current reports on Form 8-K, which have been filed with the
Securities and Exchange Commission and are readily available on the Internet
at www.sec.gov. Reported results should not be considered as an indication of
future performance. Readers are cautioned not to place undue reliance on
Grace’s projections and forward-looking statements, which speak only as the
date thereof. Grace undertakes no obligation to publicly release any revision
to the projections and forward-looking statements contained in this
announcement, or to update them to reflect events or circumstances occurring
after the date of this announcement.
W. R. Grace & Co.
Rich Badmington, +1 410-531-4370
Mark Sutherland, +1 410-531-4590
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