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RHODIA
Press
release
Changes
within the board of Directors of Rhodia
Paris,
July 4, 2002 –Rhodia announces the following decisions taken during
today’s meeting of its Board of Directors:
The
Board of Directors of Rhodia has co-opted two new Directors: Jean-Marc
Bruel and Edouard Stern.
The
Board of Directors of Rhodia has taken note of the resignation of two
Directors : Aimery Langlois-Meurinne, Managing Director of Pargesa Holding
SA and Thierry de Rudder, Managing Director of Groupe Bruxelles-Lambert.
Jean-Marc
Bruel (66), a graduate engineer from the Ecole
Centrale des Arts et Manufactures de Paris, began his career in 1964
at Rhodiaceta, a Rhône-Poulenc subsidiary in Brazil. From 1968 to
1975, he was Manager of Rhône-Poulenc’s Nylon Polyester factory
in Brazil and Manager responsible for the entire Rhône-Poulenc Group’s
textile activities in that country. From 1975 à 1979, he was General
Manager of the world Agrochemical Division of the Rhône-Poulenc
Group. In 1979, he was appointed to the Executive Committee of Rhône-Poulenc,
and became Executive Vice-President of the Group in 1980. He moved to
the Sandoz Group in Basel (Switzerland) in 1985 as a member of the Group’s
Executive Committee, but returned to Rhône-Poulenc in 1987 as Executive
Vice-President. In 1992, he was appointed Group President and, in 1993,
became a member of the Board of Directors of Rhône-Poulenc S.A.
He is currently a member of the Supervisory Board of Avenits, the company
formed from the merger of Rhône-Poulenc and Hoescht in December
1999.
Edouard
Stern (48), a graduate from the Paris-based Ecole Supérieure
de Sciences Economiques et Commerciales, was Vice-Chairman and controlling
shareholder of Banque Stern from 1977 to 1998. From 1992 to 1997, he was
a senior partner and member of the Executive Committtee of Lazard Frères
in New York (1992-1997) and Paris (1994-1997), and CEO of Eurafrance from
1994 to 1997. He has been Vice-Chairman and CEO of IRR Capital since 1997.
Rhodia
is one of the world’s leading manufacturers of specialty chemicals. Providing
a wide range of innovative products and services to the automotive, healthcare,
food, cosmetics, apparel, new technology and environmental markets, Rhodia
offers its customers tailor-made solutions based on the cross-fertilization
of technologies, people and expertise. Rhodia subscribes to the principles
of Sustainable Development communicating its commitments and performance
openly with stakeholders. Rhodia generated net sales of €7.2 billion in
2001 and employs 27,000 people worldwide. Rhodia is listed on the Paris
and New York stock exchanges.
Contacts
Press
Relations
Jean-Christophe
Huertas ( 33-1 55 38 42 51
Lucia
Dumas ( 33-1 55 38 45 48
Investor
Relations
Marie-Christine
Aulagnon ( 33-1 55 38 43 01
Angélina
Palus ( 33-1 55 38 42 99
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