Message #10 From:
NewsBot Date: October 5, 2006 05:02:00 AM
MWV News MeadWestvaco Appoints James M. Kilts to Board of Directors
RICHMOND, Va.--(BUSINESS WIRE)--MeadWestvaco Corporation (NYSE: MWV) today announced that James M.
Kilts, 58, has been named to MeadWestvaco’s
Board of Directors. He will be formally elected at the October 2006
board meeting.
Mr. Kilts, who is a founding partner with Centerview Partners, New York,
was chairman, president and chief executive officer of the Gillette
Company, Boston, which joined with The Procter & Gamble Company last
year in the largest merger ever in the consumer products sector. As a
vice chairman of Procter & Gamble, he then oversaw the consolidation of
the Gillette and Procter & Gamble businesses. Before joining Gillette,
Mr. Kilts was president and chief executive officer of Nabisco, and
prior to that he was head of Kraft Foods, and later, the worldwide food
business of Altria. He started his career with General Foods Corporation.
“I am extremely pleased to have someone of Jim’s
caliber and capabilities join the board of MeadWestvaco," said John A.
Luke, Jr., MeadWestvaco’s chairman and chief
executive officer. "His deep understanding of the global consumer
products business will be a tremendous asset as we work to become the
packaging provider of choice to the world’s
most recognized consumer brands.”
“MeadWestvaco is a global packaging leader,”
said Mr. Kilts. “I look forward to helping the
company realize new possibilities for value creation in consumer markets
worldwide.”
In addition to MeadWestvaco, Mr. Kilts is a member of the board of
directors of The New York Times Company and Metropolitan Life Insurance
Company, and he serves as a member of Citigroup’s
International Advisory Board. He also serves on the board of trustees of
Knox College and the University of Chicago, and is chairman of the
Advisory Council of the University of Chicago Graduate School of
Business.
Mr. Kilts is a graduate of Knox College in Galesburg, Illinois, and he
earned a master of business administration degree from the University of
Chicago.
MeadWestvaco is a global packaging company that delivers high-value
packaging solutions and products to the world’s
most recognized companies in the food and beverage, media and
entertainment, personal care, cosmetic and healthcare industries. The
company also has market-leading positions in its Consumer & Office
Products, Specialty Chemicals and Specialty Papers businesses.
MeadWestvaco, with operations in more than 29 countries, has been
selected for the Dow Jones Sustainability Indexes, and manages all of
its forestlands in accordance with internationally recognized forest
certification standards. For more information, please visit www.meadwestvaco.com.
