MADISON, N.J., July 20 /PRNewswire/ -- American Home Products Corporation
(NYSE: AHP) announced today the appointment of Richard L. Carrion, 47, to the
Company's Board of Directors.
Mr. Carrion is Chairman, President and Chief Executive Officer of Banco
Popular, the leading banking institution in Puerto Rico, and of Popular, Inc.,
Banco Popular's holding company.
Committed to the overall development of Puerto Rico, Mr. Carrion is
President of the Committee for the Economic Development of Puerto Rico and
actively participates in the boards of several other civic organizations. He
is a member of the Executive Committee of the Puerto Rico Banking Association
and the President of BPPR Foundation. He is a Board member of Verizon,
formerly Bell Atlantic Corporation, and of Telecommunicaciones de Puerto Rico,
Inc.
Mr. Carrion holds a bachelor's degree from the Wharton School of Finance
and Commerce at the University of Pennsylvania, and a master's degree in
Management Information Systems from the Massachusetts Institute of Technology.
American Home Products is a major employer in Puerto Rico, with
manufacturing, distribution and sales operations facilities in Guayama,
Carolina and San Juan. The Company employs nearly 2,000 people in Puerto
Rico.
American Home Products is one of the world's largest research-based
pharmaceutical and health care products companies. It is a leader in the
discovery, development, manufacturing, and marketing of prescription drugs and
over-the-counter medications. It also is a leader in vaccines, biotechnology
and animal health care.
NOTE TO EDITORS: American Home Products Corporation's press releases are
available at no charge through PR Newswire's Company News On-Call fax service
and on PRN's Web site. For a menu of AHP press releases or to retrieve a
specific release, call 800-758-5804, extension 044235, or use the internet via
http://www.prnewswire.com/comp/044235.html
SOURCE American Home Products Corporation
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Related links: http://www.ahp.com
Company News On-Call: http://www.prnewswire.com/comp/044235.html or fax, 800-758-5804, ext. 044235
CONTACT: Media - Lowell Weiner, 973-660-5013, or Investor Relations - Thomas Cavanagh, 973-660-5706, both of American Home Products
NOTE TO EDITORS: American Home Products Corporation's press releases are available at no charge through PR Newswire's Company News On-Call fax service and on PRN's Web site. For a menu of AHP press releases or to retrieve a specific release, call 800-758-5804, extension 044235, or use the internet via http://www.prnewswire.com/comp/044235.html
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