COVINGTON, Ky., March 28 /PRNewswire-FirstCall/ -- Ashland Inc. (NYSE:
ASH) today announced that J. Marvin Quin, senior vice president and chief
financial officer, will retire after 36 years of service, effective May 31.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO )
Lamar M. Chambers, currently vice president and controller, will be
elected to serve as chief financial officer, effective June 1, when the
board of directors meets in May.
"Marvin has served as Ashland's CFO for 16 years and has had a
significant leadership role during a period of great change for our
company," said James J. O'Brien, chairman and chief executive officer. "His
insight, judgment and dedication were of great value to the company and to
me personally, and we have a deep appreciation for his many and varied
contributions."
Quin joined Ashland in Ashland, Ky., in 1972. He transferred to the
Ashland Chemical division in Dublin, Ohio, in 1975 and rose to
administrative vice president of Ashland Chemical in 1981. Two years later,
he was elected treasurer of Ashland and relocated back to its Kentucky
headquarters. In 1992, he was elected senior vice president and chief
financial officer. He chairs the board of the Cincinnati Symphony
Orchestra, Cincinnati, Ohio. In the past, he has served on the boards of
Arch Coal, Marathon Ashland Petroleum LLC and Kentucky Electric Steel.
A native of Vicksburg, Miss., Quin earned a bachelor's degree from the
University of Mississippi in 1969 and a Master of Business Administration
from the University of Virginia in 1972.
Ashland Inc., a diversified, global chemical company, provides quality
products, services and solutions to customers in more than 100 countries. A
FORTUNE 500 company, it operates through four divisions: Ashland
Performance Materials, Ashland Distribution, Valvoline and Ashland Water
Technologies. To learn more about Ashland, visit http://www.ashland.com.
FORTUNE 500 is a trademark of Time Inc.
SOURCE Ashland Inc.
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Related links:
http://www.ashland.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/065263.html /
CONTACT:
Media Relations: Jim Vitak, +1-614-790-3715,
jevitak@ashland.com; Investor Relations: Eric Boni,
+1-859-815-4454, enboni@ashland.com, both of Ashland Inc.
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