May 16, 2008

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Ashland Names New CFO

May 15, 2008

The board of directors of Ashland Inc. Thursday elected Lamar M. Chambers as senior vice president and chief financial officer, effective June 1. Chambers, now vice president and controller, will succeed J. Marvin Quin, who is retiring after 36 years of service. A native of Marietta, Ga., Chambers joined Ashland in 1976 and became controller in 2004. Covington, Ky.-based Ashland (NYSE: ASH) is a chemical company that serves customers in more than 100 countries through four divisions: Ashland Performance Materials, Ashland Distribution, Valvoline and Ashland Water Technologies.

Business First of Louisville


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