USG Corporation (NYSE: USG), a leading building products company, has announced the election of Richard P. Lavin, Group President of Caterpillar Inc., to its Board of Directors.
Mr. Lavin is responsible for Caterpillar's Earthmoving and Excavation Divisions, operations in China and Japan and other Asia Pacific operations. Mr. Lavin is a member of the board of directors of the U.S. China Business Council, U.S. India Business Council and the U.S. Korea Business Council, and is also a member of The Conference Board and the Chicago Council on Global Affairs. He serves on the International Advisory Council of Guanghua School of Management at Peking University and is on the Board of Trustees at Bradley University and Saint Mary of the Woods College.
"We are delighted to welcome Mr. Lavin to our Board," said William C. Foote, Chairman and CEO of USG Corporation. "His broad operations background and international business expertise will serve USG well as we continue to compete in a global marketplace."
Mr. Lavin will serve on both the Audit and Finance committees of the USG Board of Directors. With the addition of Mr. Lavin, USG's Board of Directors now includes nine independent directors in addition to Mr. James S. Metcalf, USG's President and Chief Operating Officer, and Mr. Foote.
USG Corporation is a manufacturer and distributor of high-performance building systems through its United States Gypsum Company, USG Interiors, Inc. and L&W Supply Corporation and other subsidiaries. Headquartered in Chicago, USG's worldwide operations serve the residential and non-residential construction markets, repair and remodel construction markets, and industrial processes. USG's wall, ceiling, flooring and roofing products provide leading-edge building solutions for customers, while L&W Supply center locations efficiently stock and deliver building materials nationwide. For additional information, visit the USG Web site at www.usg.com .
