Press Releases
Cytec Industries Inc. Announces Retirement of CFO
West Paterson NJ (May 29, 2007 ) – Cytec Industries Inc.
today announced that James P. Cronin, Executive Vice
President and Chief Financial Officer has announced his plan
to retire at the end of June.
Mr. Cronin joined Cytec’s predecessor company American
Cyanamid Company in 1983 where he held a number of
progressively more responsible financial positions. Upon the
spin-off in 1993 of Cytec as a separate independent company,
Mr. Cronin was appointed Vice President and Chief Financial
Officer. In 1996 he was promoted to Executive Vice
President. Mr. Cronin is a native of New Jersey and attended
Fairfield University where he received a B. S. degree in
accounting. He is a retired Certified Public Accountant and
a member of various professional societies and was also a
1998 recipient of CFO magazine’s “CFO Excellence Award.”
Mr. Cronin stated “I have certainly enjoyed my time at Cytec
and am very proud of the accomplishments of the Cytec
people. I look forward to seeing their continued success”.
"Jim has been an instrumental and founding force within
Cytec throughout its existence and a key contributor to the
company’s success," said David Lilley, Chairman of the
Board, President and Chief Executive Officer of Cytec. “On
behalf of the Board of Directors, and all of the employees
of Cytec, we wish Jim and his family well in his future
endeavors” added Lilley.
Corporate Profile
Cytec Industries Inc. is a global specialty chemicals and
materials company focused on developing, manufacturing and
selling value-added products. Our products serve a diverse
range of end markets including aerospace, adhesives,
automotive and industrial coatings, chemical intermediates,
inks, mining and plastics. We use our technology and
application development expertise to create chemical and
material solutions that are formulated to perform specific
and important functions in the finished products of our
customers.
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