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Westlake Chemical promotes Steve Bender to CFO

26
Feb '07
Westlake Chemical Corporation announced the promotion of Mr. Steven Bender, 50, currently the company's Vice President & Treasurer, to the position of Vice President, Chief Financial Officer & Treasurer with immediate effect. This follows the resignation of Mr. J. Danny Gibbons, Senior Vice President and Chief Financial Officer, who has accepted a position as chief financial officer with another public company.

Mr. Bender has over 28 years of audit, treasury and financial management experience. Prior to joining Westlake he was the Treasurer of Kellogg Brown and Root, a subsidiary of Halliburton.

He previously held the positions of Assistant Treasurer and Director, International Treasury with Halliburton. Additionally, he was employed by Texas Eastern Corporation for over a decade in a variety of increasingly responsible audit, finance and treasury positions.

Mr. Bender is a CPA and holds a B. S. in Business Administration from Texas A & M University and an M.B.A from Southern Methodist University.

Albert Chao, President and CEO, stated, "We are delighted that we have been able to promote a qualified candidate from within the organization to become the company's new CFO. Steve's strong financial background and knowledge of our company and the chemical industry will be a great asset to the company as we continue to grow and work to provide value to our shareholders. We are pleased to have had Danny as a member of our management team and appreciate his contribution during his tenure as CFO. We wish him well in his new endeavor."

Westlake Chemical Corporation, USA


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