Former DuPont exec to take Praxair helm
Click here to load reader
Transcript of Former DuPont exec to take Praxair helm
ter duo in ΝΑΕ. There have been three father-son duos over the years.
Pablo G. Debenedetti, Class of 1950 Professor in Engineering & Applied Science, department of chemical engineering, Princeton University.
Jean M. J. Fréchet, professor, college of chemistry, University of California, Berkeley.
Ignacio Ε. Grossmann, Rudolph R. & Florence Dean Professor of Chemical Engineering, Carnegie Mellon University, Pittsburgh.
Jack L. Koenig, professor of macro-molecular science and Donnell Institute Professor, Case Western Reserve University, Cleveland.
William J. Koros, BF Goodrich Professor in Materials Engineering, department of chemical engineering, University of Texas, Austin.
Octave Levenspiel, professor emeritus, department of chemical engineering, Oregon State University, Corvallis.
Shirley E. Schwartz, retired senior staff research scientist, General Motors Research & Development Center, Warren, Mich.
Hratch G. Semerjian, director, chemical science and technology laboratory, National Institute of Standards & Technology, Gaithersburg, Md.
Daniel Shechtman, distinguished professor, department of materials engineering, Technion, Haifa, Israel.
C-P. (Ching-Ping) Wong, professor, materials science and engineering, Georgia Institute of Technology, Atlanta.
Janice Long
Former DuPont exec to take Praxair helm Dennis H. Reilley, 46, has been named president and chief executive officer of industrial gases producer Praxair, effective March 15. He will succeed H. William lichtenberger, 64, as CEO and add the title of chairman on Lichtenberger's retirement in November. lichtenberger, who spent 33 years at Union Carbide, has led Praxair since Carbide spun it off in 1992.
Reilley most recently was an executive vice president and one of two chief operating officers at DuPont. Until just two weeks ago, he had spent his entire 25-year professional career at DuPont. On Feb. 14, DuPont made company outsider Richard R. Goodmanson, 52, its sole COO and announced that Reilley was leaving to pursue other inter
ests (C&EN, Feb. 21, page 5).
"Leaving DuPont was not a decision I took lightly," Reilley says. "This represents an outstanding opportunity for me to work with and help lead a group of highly talented people in making Praxair even more successful. I look forward to meeting our future growth and earnings goals."
In 1999, Praxair had Reilley sales of $4.64 billion, down about 4% from 1998. However, net earnings increased about 4% to $441 million. The company's goal is "double-digit growth in earnings per share, improving return on capital, and maintaining a
healthy balance sheet," Lichtenberger said when reporting year-end earnings in late January.
"We believe our business and investment strategies strike the needed balance to meet these goals," he continued. "I am encouraged by the strong demand we are seeing in our major markets, and that heightens my belief that 2000 will be a good year for Praxair."
Lichtenberger expects Reilley to continue the company's progress in serving customers while improving profitability and "to take it to the next level as we enter the 21st century."
Ann Thayer
EPA shuts web site, but finds no compromised files An inspection during a five-day shutdown of the Environmental Protection Agency's World Wide Web site showed no apparent tampering with EPA's electronic files, according to the agency. In addition, sensitive commercial information, such as trade secrets, remains secure and has not been accessed by hackers, the agency says.
EPA shut down its site on Feb. 17 because of concerns about cyber security. This took place a day after two members of the House of Representatives called on EPA to immediately disconnect from the Internet and stay offline until the agency established adequate computer security. Rep. Thomas Blileyjr. (R-Va.), chairman of the House Commerce Committee, and Rep. Fred Upton (R-Mich.), chairman of the Commerce Subcommittee on Oversight & Investigation, asked EPA to act after General Accounting Office investigators hacked into three of the agency's databases (C&EN, Feb. 14, page 62).
"We're talking not only about data worth hundreds of millions of dollars, but trade secrets and sensitive data that could put our national and economic security at risk," Bliley says of his call for EPA to shut down its Internet site. The Virginia lawmaker has long been con
cerned about computer security at the agency and accuses Administrator Carol M. Browner of "gross mismanagement of cyber security" during her seven-year tenure at EPA.
During the five days the site was down, computer security specialists checked the integrity of EPA's databases and built new electronic firewalls to keep hackers out, EPA spokeswoman Bonnie Piper explains. Databases were un
harmed, and investigators determined that no confidential business information in agency electronic files was accessed through the Internet, she says.
EPA issued a statement implying the public spotlight that lawmakers cast on the agency about its cyber
security problems drove it to disconnect from the In
ternet. 'The decision to temporarily close access to the web site was made after... computer security experts warned that the public attention brought to the agency's potential computer vulnerabilities made EPA a likely target for hackers," the agency said.
Jim Solyst, coleader of the Chemical Manufacturers Association's (CMA) information management and right-to-know team, said on Feb. 17: "Under the circumstances, EPA has no other real alternative than to temporarily shut
FEBRUARY 28, 2000 C&EN 13
Our Mission-,
"«to protect human health and to
& £ I D A United States