The Valspar Corporation announced that its Board of Directors elected Shane D. Fleming to serve as a director of the corporation. Fleming, 54, was also appointed to serve on the Board’s compensation committee, effective June 4, 2013. He is currently chairman, CEO and president of Cytec Industries Inc.
“Shane brings to the Board a deep understanding of the resin, polymer and specialty chemicals industries and many of the markets we serve,” said Gary E. Hendrickson, Valspar chairman and CEO. “His international business experience and coatings industry background will be invaluable as we continue to grow our business. It’s a pleasure to welcome Shane to our Board.”
Prior to becoming chairman and CEO of Cytec Industries in January 2009, Mr. Fleming served as the company’s president and chief operating officer. He began his career with Cytec in 1983 and held a number of senior leadership roles throughout his 30-year tenure, including international management and technical positions with the company.