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Rockwood Press Release
Rockwood Holdings Announces
Changes to Board of Directors
Princeton, NJ USA (November 6, 2008) – Rockwood Holdings, Inc. (NYSE: ROC) has announced that Perry Golkin, a member of Kohlberg Kravis Roberts LLC, has resigned from the company’s board of directors, effective November 5, 2008, reducing KKR’s membership on the board to two. This action is in accordance with the NYSE’s requirement to have a majority of independent directors on the Rockwood board by November of this year.
Seifi Ghasemi, Chairman and Chief Executive Officer, said “Perry Golkin has been a member of the board since Rockwood was founded in 2000, and his insights and experience have helped us build Rockwood to a position of global leadership in specialty chemicals and advanced materials. We thank him for his valuable contributions.”
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Rockwood Holdings, Inc. is a leading global specialty chemicals and advanced materials company. Rockwood has a worldwide employee base of approximately 10,000 people and annual net sales of approximately $3 billion. The company focuses on global niche segments of the specialty chemicals, pigments and additives and advanced materials markets. For more information on Rockwood, please visit www.rocksp.com.
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