Craig O. Morrison to Retire, Craig A. Rogerson Elected Chairman, CEO and President of Hexion Inc. | Business Wire

COLUMBUS, Ohio–(BUSINESS WIRE)–Hexion Inc. (“Hexion” or the “Company”) today announced the planned

retirement of Craig O. Morrison, Chairman, President and Chief Executive

Officer of Hexion Inc. after more than twelve years of service and a

distinguished career in the chemical and industrial industries.

Craig A. Rogerson has been elected Chairman, President and Chief

Executive Officer of Hexion Inc. effective July 10, 2017. Mr. Rogerson

is the former Chairman, President and Chief Executive Officer of

Chemtura Corporation, a position he held from December 2008 until April

21, 2017. Prior to Chemtura, Mr. Rogerson had a 27 year career at

Hercules Incorporated serving in various senior management roles

including Chief Executive Officer and President from December 2003 until

November 2008. Mr. Rogerson serves on the boards of PPL Corporation, the

American Chemistry Council, the Society of Chemical Industry. The

Pancreatic Cancer Action Network. Mr. Rogerson holds a chemical

engineering degree from Michigan State University (“MSU”) and also

serves on the advisory board of the MSU Chemical Engineering &. Materials

Science College.

“we'd like to thank Craig Morrison for his leadership, dedication

and service to Hexion since its formation in 2005. Craig has built a

leading global specialty chemical company and world-class management

team and we wish him well in his retirement,” said Scott Kleinman, Lead

Partner, Apollo Global Management. “In addition, we'd also like to

welcome Craig Rogerson to Hexion and believe he's uniquely qualified to

serve as Chairman, President and Chief Executive Officer. Craig Rogerson

is an outstanding leader with deep operating expertise and proven track

record of successfully managing complex, global business portfolios.”

Mr. Morrison added: “I'm pleased and grateful for my time at Hexion and

the opportunity to build a leading global specialty chemicals company.

Hexion is well-positioned for continued success and growth. I'm

confident that Craig is the right person to lead Hexion into the future.”

“I'm excited and honored to have been selected to lead Hexion,” said

Mr. Rogerson. “I look forward to working with the dedicated team to

drive growth and product innovation in close partnership with our valued

customers and continuing to strategically optimize Hexion’s cost

structure and business portfolio.”

About the Company

Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset

resins. Hexion Inc. serves the global wood and industrial markets

through a broad range of thermoset technologies, specialty products and

technical support for customers in a diverse range of applications and

industries. Hexion Inc. is controlled by investment funds affiliated

with Apollo Global Management, LLC. Additional information about Hexion

Inc. and its products is available at www.hexion.com.