Len R. Gelosa, Senior Vice President of Ashland Water Technologies, Ashland Inc will retire after 24 years of service effective January 1, 2007, the company announced.
Ashland Chairman and Chief Executive Officer James J. O'Brien praised Gelosa's leadership as head of the company's water businesses. "Len has led an aggressive program of organic growth and acquisition that strongly positions Water Technologies as a leader in its field," said O'Brien.
"During this past year, Len led the acquisition of three businesses, including the Degussa water treatment business, which establishes us strongly in water soluble polymers, and whose early results have been positive. Len has established a significant track record during his tenure and his leadership has been important to our company."
Gelosa first joined Ashland in 1971. From 1980 through 1991 he held senior positions in other global chemical companies before returning to Ashland in 1991 as vice president of Marketing and Technology, Drew Industrial.
In 1993, he was promoted to vice president/general manager of Drew Industrial. Gelosa was promoted to his current position in 2004.
"It has been very gratifying to lead Water Technologies during a period of strong growth and global expansion," said Gelosa. "I consider myself fortunate to have had the opportunity to work with such a dedicated team of professionals as those we have at Ashland. I am confident the business is well positioned for a very successful future."
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