Proposed Appointment of Mr Marc Pandraud as Director of Arkema
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COLOMBES, France--(Business Wire)-- Regulatory News: The Board of Directors of Arkema (Paris:AKE) has decided to propose to the next Ordinary General Meeting on June 15th 2009 to appoint Mr Marc Pandraud as Director of the Company. Born on June 22nd 1958, Mr Marc Pandraud is a graduate of Ecole Supérieure de Commerce, Paris. He is to head Deutsche Bank's activities in France from June 2009. Mr Marc Pandraud began his career as an auditor with Peat Marwick Mitchell (1982 - 1985). Subsequently he was Vice President of Bear Stearns & Co Inc (1985 - 1989), Chief Executive of SG Warburg France SA (1989 - 1995), Chief Executive of Deutsche Morgan Grenfell (1995 - 1998), then Chief Executive in charge of investment banking (1998). He later joined Merrill Lynch as Chief Executive of Merrill Lynch & Co Inc and Chief Executive of Merill Lynch France (1998) before becoming President of Merrill Lynch France (2005 - March 2009). Mr Marc Pandraud is a Chevalier de l'ordre national du Mérite. " If this appointment is approved by the Shareholders Meeting, Arkema`s Board of Directors will beneficially draw on Marc Pandraud`s experience and wide-ranging skills. His presence will boost the Board`s complementarity ", stated Thierry Le Hénaff, Chairman and Chief Executive Officer of Arkema. Should the Shareholders Meeting approve this resolution together with those relating to the renewal of the directors` mandates, Arkema`s Board will comprise nine directors, seven of whom with independent status. All documents and information relating to this Annual General Meeting will be made available to the shareholders in accordance with the current legal and regulatory requirements. The Notice of this Annual General Meeting, which includes this proposed appointment, is due out on May 25th 2009. www.finance.arkema.com A global chemical company and France`s leading chemicals producer, Arkema consists of three businesses: Vinyl Products, Industrial Chemicals, and Performance Products. Arkema reports sales of 5.6 billion euros. Arkema has 15,000 employees in over 40 countries and six research centers located in France, the United States and Japan. With internationally recognized brands, Arkema holds leadership positions in its principal markets. www.arkema.com ARKEMA 420, rue d`Etienne d`Orves - F-92705 COLOMBES Cedex Standard : +33 (0)1 49 00 80 80 - Fax : +33 (0)1 49 00 83 96 Société anonyme au capital de 604 549 730 euros 445 074 685 RCS Nanterre Arkema Investor Relations: Frédéric Gauvard Tel. : +33 1 49 00 82 53 E-mail : frederic.gauvard@arkema.com or Sophie Fouillat Tel. : +33 1 49 00 86 37 E-mail : sophie.fouillat@arkema.com or Press Relations: Jacques Badaroux Tel. : +33 1 49 00 71 34 E-mail : jacques.badaroux@arkema.com or Sybille Chaix Tel. : +33 1 49 00 70 30 E-mail : sybille.chaix@arkema.com Copyright Business Wire 2009
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