Huntsman Names New President of Advanced Materials Division
THE WOODLANDS, Texas, March 2, 2016 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that Scott Wright will succeed James Huntsman as President of Huntsman's Advanced Materials division, effective June 1.
Most recently Vice President-Europe for Huntsman's Advanced Materials division, a position to which he was appointed in 2011, Wright joined Huntsman in 1999 with the acquisition of ICI. He spent 15 years in Huntsman's Pigments division in a number of roles of increasing responsibility – including product development, business planning, marketing and sales – before moving into Advanced Materials in 2011.
After 23 years with Huntsman Corporation, James Huntsman has elected to step down as President of Advanced Materials division to pursue personal interests. He joined the corporation in 1990 and held a series of increasingly responsible manufacturing and commercial roles, including Vice President, US Base Chemicals. In 2009, he joined the Advanced Materials division as Vice President-Americas Region, and was named division President in 2011.
Huntsman President and CEO Peter Huntsman said: "I am very pleased that Scott Wright has accepted the lead role in our Advanced Materials division. I am confident he will lead that business to new levels of success."
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2015 revenues of approximately $10 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 100 manufacturing and R&D facilities in approximately 30 countries and employ approximately 15,000 associates within our 5 distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.
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. 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
Released March 2, 2016