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Koppers Elects New Director
Feb. 26, 1999, Pittsburgh, Pennsylvania — Koppers
announced today that David M. Hillenbrand has joined its Board
of Directors, effective immediately.
David Hillenbrand is the President
and Chief Executive Officer of Bayer Inc., the Canadian subsidiary
of Bayer AG (Germany). After
joining Bayer AG in 1976 at the company's headquarters in Leverkusen,
Germany, he served in various positions with Bayer AG, Mobay
Chemical Corporation, Miles, Inc. and Bayer Corporation, both in
the United
States and Germany. "Dr. Hillenbrand's many accomplishments
and experience will provide a unique perspective which will be
of great value to Koppers," said
Koppers Board Chairman, Robert K. Wagner. "We are indeed fortunate
to have Dr. Hillenbrand join the Koppers Board."
Dr. Hillenbrand,
an American citizen, was born in Bremen, Germany in 1947. Dr.
Hillenbrand has a Bachelor of Arts Degree from Duke
University, Durham, N.C. and Master of Arts and Ph.D. degrees
in Germanics from the University of Washington, Seattle. He is
married
and has two sons.
Dr. Hillenbrand is a member of the Board of Directors
of Bayer Inc. and Agfa Inc. In addition, he is a member of the
Board of
Directors and Executive Committee of the Canadian Chemical Producers
Association (CCPA) and chairs the CCPA Public Affairs Committee.
Dr. Hillenbrand is also a member of the Board of the Canadian
German Chamber of Industry and Commerce Inc.
Koppers, based in Pittsburgh,
Pennsylvania, is a leading integrated producer of carbon compounds,
chemicals, and treated wood products
for use in a variety of markets including the chemical, railroad,
utility, wood preserving, rubber, aluminum, and steel industries.
Koppers operates 21 domestic and 14 Australian and Pacific Rim
facilities and serves European markets through its Tarconord
joint venture in Denmark. On a combined basis, 1998 sales were
approximately
$700 million. The Company's stock is held by a large number of
management investors and by majority equity owner Saratoga Partners
of New York City. |