Houston, Texas based chemical producer Westlake Chemical Corporation announced that Ruth I. Dreessen, its Senior Vice President (SVP) and Chief Financial Officer (CFO), has announced her intent to resign her position with Westlake Chemical to pursue an opportunity as Chief Financial Officer for another company.
Concurrently, Dreessen has also tendered her resignation as a Director of the Company. Dreessen will remain with the company through December 31, 2005.
Albert Chao, President and CEO, stated, "They have been pleased to have had Ruth as a member of management team and are appreciative of her significant contributions during her tenure as CFO. Wishing her well in her new assignment."
The Company has indicated it will begin an immediate search for a new Chief Financial Officer.
Westlake is a maker and supplier of petrochemicals, polymers and fabricated products. The company's range of products includes ethylene, polyethylene, styrene, vinyl intermediates, PVC and PVC pipe, windows and fence.
Westlake Chemical Corporation owns and operates facilities for the manufacture of petrochemicals, plastics, and fabricated plastic products in North America, with sales on a global basis.
Westlake Chemical Corporation
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