SIOUX CITY, Iowa, Dec. 18 /PRNewswire-FirstCall/ -- Terra Industries Inc.
(NYSE: TRA) announces the election of Philip M. Baum, (49), CEO of the Ferrous
Metals and Industries Division of Anglo American plc, to its board of
directors. Baum's nomination coincides with the resignation of Eric Diack,
Executive Vice President of Finance for Anglo Industries, who has served on
Terra's board for four years.
Baum earned B. Com and LL.B degrees and a Higher Diploma in Tax Law at the
University of the Witwatersrand in Johannesburg, South Africa. He joined Anglo
American in 1979 and has worked in a variety of positions. Baum headed the
Anglo American and De Beers Small and Medium Enterprise Initiative, and was
Secretary to the Executive Committee and the former Chairman's Personal
Assistant. In 1991 he was appointed an Alternate Director, and in 1997 an
Executive Director of the Anglo American Corporation. From 1996 to 2001 he was
the Chief Executive of Anglo American Zimbabwe. In March 2001, Baum was
appointed Chief Operating Officer of Anglo American Corporation of South
Africa Limited. In October 2003 he was appointed CEO-Ferrous Metals and
Industries.
"We are pleased to welcome Philip to our board of directors," said board
chairman Hank Slack. "He brings a great deal of relevant experience to the
job, and we look forward to Terra's benefiting from his contribution."
Terra Industries Inc., with 2002 revenues of $1 billion, is a leading
international producer of nitrogen products and methanol.
Note: Terra Industries' news announcements are also available on its web
site, http://www.terraindustries.com .
SOURCE Terra Industries Inc.
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Related links:
http://www.terraindustries.com
Company News On-Call:
http://www.prnewswire.com/comp/437906.html
CONTACT:
Mark Rosenbury of Terra Industries Inc.,
+1-712-279-8756
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