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Sun Chemical Announces Organizational Changes In Its North American Divisions

Press release from the issuing company

PARSIPPANY, NJ - April 4, 2005 - Sun Chemical, the world’s foremost manufacturer of printing inks and organic pigments, today announced changes in its North American divisions to enhance customer service and operational efficiency. “We made these organizational changes to increase the value we provide to our customers, to improve our responsiveness and speed to market, to enhance innovation and new product development, and to drive productivity,” said Wes Lucas, chairman, president and CEO, Sun Chemical. Sun Chemical’s new organizational design is based on the following strategic drivers: - Market focus – organized around its primary markets - Customer driven – tailored to each customer’s needs - Responsive, agile, and fast - Highly efficient - Highest quality products and services - Local – enables the local contact to make decisions that serve the customer - Global – enables the scale advantages of being the world’s largest ink and organic pigments manufacturer. Sun Chemical’s new North American structure, with market-based divisions, is as follows: - Canada: Serves the Canadian market. Brian Collict is vice president and general manager, Canada. - Coates Screen: Serves industrial markets with products for screen-printing in North America. Barry Marshall is president, Coates Screen Inks. - Kohl & Madden: Serves commercial printers and industrial markets in North America. Brad Bergey is president, Kohl & Madden. - North American Packaging Inks: Serves the packaging market in North America. Richard Pettifor is president, North American Packaging Inks. - North American Publication Inks: Serves publication market in North America. Mark Levin is president, North American Publication Inks. - Consumables, Rycoline and Vivitek: Serves all printing customers in North America with consumable supplies and services. David Hohman is general manager, Rycoline. In addition, Chris Parrilli has been named president, Consumables and Canada, and continues as leader of customer service centers. Lucas said Parrilli will play a key role in integrating the activities of Sun Chemical’s Customer Service Centers, Canada, and the Consumables divisions, Rycoline and Vivitek. The Customer Service Centers include all local operations and technical service at customer locations. Also, Craig Tompkins continues as the leader of manufacturing in the North America as Sun Chemical corporate vice president, manufacturing and operations. Sun Chemical also announced that Michael Griem would take overall responsibility and leadership for all North American ink businesses as president, North American Inks. Griem most recently was managing director for Sun Chemical’s businesses in Germany, Switzerland, Austria, Russia, Eastern Europe, Nordic Region and Poland. “Mike brings a global perspective and the opportunity to cross-fertilize best practices from Europe to North America,” Lucas said. In a further move to align the businesses to markets and customers, all of Sun Chemical’s South America, and Central America businesses will come under one umbrella organization called Sun Chemical Latin American Inks. This provides significant opportunities to leverage scale and synergies across all these countries. As a result, Mexico will now report to Latin American Inks. Enrique Perez-Cirera will continue as general manager, Mexico. The overall leader for Latin America will continue to be Greg Lawson, president Latin American Inks. All of the executives involved in this realignment are current leaders within Sun Chemical who will either continue in their present role or take on new responsibilities: Lucas said, “our new organizational focus enhances Sun Chemical’s ability to increase the value to our customers and execute more effectively.”