 | Rotterdam, The Netherlands April 24, 2007 - Univar N.V. (Euronext Amsterdam: UNIVR), a world leader in chemical distribution, today announced two changes within its senior executive team. Terry Hill, President of Univar USA, has been promoted to the corporate staff of Univar N.V., where he will assume the newly created position of Senior Vice President and Chief Commercial Officer.
In his new capacity, Mr. Hill will have executive responsibility for directing global marketing and producer strategies. In particular, he will be working with Univar s business units to maximize the value of the company s producer relationships and to better coordinate and leverage key marketing initiatives for accelerating growth on a global basis.
In addition, Mr. Hill will have full executive authority over both sales and operations for all Univar business activity outside of North America, including Univar Europe.
John Yanney, President and CEO of CHEMCENTRAL Corporation, which last week became a whollyowned subsidiary of Univar, will become President of Univar USA., where he will assume full executive responsibility for all Univar business activity in the United States. In his new role, Mr. Yanney will lead, in close coordination with Mr. Hill, the integration of Univar and CHEMCENTRAL.
Both executives are seasoned chemical distribution veterans. Mr. Hill has been President of Univar USA since 2003, and was previously its Senior Vice President Field Operations. He has held various positions at Univar USA including Sales Manager, General Manager, and Regional Vice President, starting with the company in 1985 when Univar USA operated as Van Waters & Rogers. Mr. Hill spent
two years in medical distribution subsequent to his graduation from Texas Tech University with a Bachelor of Science degree in Microbiology and a minor in Chemistry. Under his leadership, Univar USA has grown its revenues and operating profits substantially.
Mr. Yanney likewise has a distinguished career, serving in several positions at CHEMCENTRAL before becoming its President and CEO in 2001. Prior to this, he was Regional Vice President in the San Francisco office with responsibility for the West Coast and Asia. During his 30-year career with CHEMCENTRAL, he has also held the positions of Regional Controller, Senior Sales Manager and
General Manager. Mr. Yanney graduated from Marian College in Indianapolis, Indiana with a degree in Business/Accounting. Since he became President of CHEMCENTRAL, that company s revenues and operating profits have grown substantially.
Commenting on these management changes, Gary E. Pruitt, president and CEO of Univar N.V. said, "We are extremely fortunate to be able to benefit from the talents of these very capable, very proven executives. In particular, we believe that these new assignments for Terry and John will accelerate the spread of best practices throughout our entire organization." Both Mr. Hill and Mr. Yanney will report to Mr. Pruitt. These executive changes are effective immediately. |