COLUMBIA, Md.--(BUSINESS WIRE)--W. R. Grace (NYSE: GRA) announces that Elizabeth (Liz) C. Brown has been appointed Chief Human Resources Officer to lead the company’s global human resources organization. She joins the senior leadership team as an officer of the company. Grace employs approximately 6,500 people in over 40 countries.
Grace Chairman and Chief Executive Officer Fred Festa said, “Liz brings tremendous experience and a track record of successful leadership to Grace human resources. This vital, strategic role is critical to our ability to design, develop, and continuously improve the organization, which will enable us to succeed as a high-performing company.”
Brown comes to Grace from Tyco, a 57,000-employee fire protection and security company. Beginning in 2010, she held leadership positions of increasing responsibility at Tyco. As Vice President, Human Resources, she provided HR leadership for several business units and global functions. She also led the Talent Center of Excellence, spanning talent management, talent acquisition, and organizational development. Prior to Tyco, Liz held Human Resources leadership roles with global chemical company LyondellBasell Industries.
Brown earned a Bachelor of Science in Biology from the University of California at Los Angeles and is accredited as a Senior Professional in Human Resources (SPHR) by the Human Resources Certification Institute.
Built on talent, technology, and trust, Grace is a leading global supplier of catalysts; engineered and packaging materials; and specialty construction chemicals and building materials. The company’s three industry-leading business segments—Grace Catalysts Technologies, Grace Materials Technologies, and Grace Construction Products—provide innovative products, technologies, and services that improve the products and processes of customer partners in over 155 countries around the world. Grace’s 2013 net sales were $3.1 billion. More information about Grace is available at grace.com.
This announcement contains forward-looking statements, that is, information related to future, not past, events. Such statements generally include the words “believes,” “plans,” “intends,” “targets,” “will,” “expects,” “suggests,” “anticipates,” “outlook,” “continues” or similar expressions. Forward-looking statements include, without limitation, expected financial positions; results of operations; cash flows; financing plans; business strategy; operating plans; capital and other expenditures; competitive positions; growth opportunities for existing products; benefits from new technology and cost reduction initiatives, plans and objectives; and markets for securities. For these statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Like other businesses, Grace is subject to risks and uncertainties that could cause its actual results to differ materially from its projections or that could cause other forward-looking statements to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include, without limitation: risks related to foreign operations, especially in emerging regions, including currency exchange rate changes; the cost and availability of raw materials and energy; the effectiveness of its research and development and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting Grace's funded and unfunded pension obligations; its legal and environmental proceedings; costs of compliance with environmental regulation; and those additional factors set forth in Grace's most recent Annual Report on Form 10-K, quarterly report on Form 10-Q, and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on Grace's projections and forward-looking statements, which speak only as the date thereof. Grace undertakes no obligation to publicly release any revision to the projections and forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.