Company Snapshot: ASH  Print This Story  Email This Story  Save this Link View PR Newswire's RSS Feed  Blogs Discussing this News Release  Search Blogs that Mention this News Release  Click this link to view linked Bookmarking Services Click this link to view linked Blogging Services


Gelosa To Retire From Ashland Inc.

   Ashland Inc. logo. (PRNewsFoto)

COLUMBUS, OH USA
    COVINGTON, Ky., Oct. 4 /PRNewswire-FirstCall/ -- Len R. Gelosa, senior
vice president of Ashland Water Technologies, Ashland Inc. (NYSE: ASH),
will retire after 24 years of service effective January 1, 2007, the
company announced today.
    (Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO)
    Ashland Chairman and Chief Executive Officer James J. O'Brien praised
Gelosa's leadership as head of the company's water businesses. "Len has led
an aggressive program of organic growth and acquisition that strongly
positions Water Technologies as a leader in its field," said O'Brien.
"During this past year, Len led the acquisition of three businesses,
including the Degussa water treatment business, which establishes us
strongly in water soluble polymers, and whose early results have been
positive. Len has established a significant track record during his tenure
and his leadership has been important to our company."
    Gelosa first joined Ashland in 1971. From 1980 through 1991 he held
senior positions in other global chemical companies before returning to
Ashland in 1991 as vice president of Marketing and Technology, Drew
Industrial. In 1993, he was promoted to vice president/general manager of
Drew Industrial. Gelosa was promoted to his current position in 2004.
    "It has been very gratifying to lead Water Technologies during a period
of strong growth and global expansion," said Gelosa. "I consider myself
fortunate to have had the opportunity to work with such a dedicated team of
professionals as those we have at Ashland. I am confident the business is
well positioned for a very successful future."
    A native of New York City, N.Y., Gelosa earned bachelor's and master's
degrees in chemical engineering from City College, New York and a
management certificate from Columbia University Business School.
    Ashland Water Technologies, a division of Ashland Inc., is a leading
supplier of chemical and non-chemical water treatment solutions for
industrial, municipal and commercial facilities.
    It provides industrial, commercial and institutional water treatments,
wastewater treatment, pathogen control, paint and coating additives, pulp
and paper processing and mining chemistries. In addition, it also provides
boiler and cooling water treatments, fuel treatments, welding,
refrigeration and sealing products; and fire fighting, safety and rescue
products and services for the merchant marine industry.
    Ashland Inc. (NYSE: ASH), 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 wholly owned
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 registered trademark of Time Inc.


SOURCE Ashland Inc.




Back to Topback to top

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:
    Jim Vitak of Ashland Inc., +1-614-790-3715,
    or jevitak@ashland.com