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W. R. Grace (GRA) Realigns Certain Management Roles; Names Catalysts Tech President


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February 8, 2012 6:53 AM EST
GRA Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: +2.6%
W. R. Grace & Co. (NYSE: GRA) announced today a realignment of its business into three operating segments: Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products.

eporting to Grace’s President and Chief Operating Officer Gregory Poling will be:
  • Shawn Abrams, President of Grace Catalysts Technologies. Abrams most recently served as Vice President, Refining Technologies within the former Grace Davison operating segment. The new Grace Catalysts Technologies segment includes catalysts and related technologies used in refining, petrochemical and other chemical manufacturing applications. 2011 revenues for this segment were approximately $1.4 billion. Grace’s Advanced Refining Technologies joint venture is managed in this segment.

  • Joanne Green, President of Grace Materials Technologies. Green most recently served as Vice President, Discovery Sciences within the former Grace Davison operating segment. The new Grace Materials Technologies segment includes engineered materials, coatings and sealants used in consumer, industrial, packaging and pharmaceutical applications. 2011 revenues for this segment were approximately $800 million.

  • Andrew Bonham, President of Grace Construction Products. Bonham continues in his current role. Grace Construction Products includes specialty construction chemicals and specialty building materials used in commercial, infrastructure and residential construction. 2011 revenues for this segment were approximately $1.0 billion.


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