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Syrgis Performance Products Appoints Andrew Harris CEO

Posted on: Monday, 12 February 2007, 12:01 CST

Syrgis Performance Products, LLC announced today the appointment of Andrew Harris as chief executive officer of Syrgis Performance Products, effective January 15, 2007. Mr. Harris succeeds Philip Rakita, who will become an operating partner of Edgewater Capital, the company's private equity affiliate and serve as a senior advisor to the Syrgis management team. Mr. Harris will also serve as president of H&S Chemical, one of the Syrgis' subsidiaries.

"We are delighted that Andy will be joining the Syrgis team. Throughout Andy's career, he has posted a consistently strong track record, built on his energetic leadership style, strategic implementation and powerful team building, which drive sales and new business development," said Chris Childres, chairman of the board of Syrgis and managing partner of Edgewater Capital. "We look forward to continued strategic growth and profitability of the Syrgis group under his leadership."

Mr. Harris joins Syrgis with 20 years experience in specialty chemicals, oil and gas, process instrumentation and environmental equipment companies, including Betz Chemical (now GE Water and Process Technologies), Endress+Hauser, Exxon Company USA, CerOx Corporation, Burkert Fluid Control Systems and Rovsing Dynamics.

Mr. Harris holds a master of business administration in finance and marketing from the University of Southern California Marshall School of Business and a bachelor of science in chemical engineering from The University of Arizona.

Syrgis owns and operates three specialty chemical companies. P Chem, Inc., located in Latexo, TX, is a manufacturer of premium corrosion inhibitors, scale inhibitors, chemical scavengers and a supplier of oil field and refinery chemicals. Lycus Ltd. of El Dorado, AR, is a leading producer of proprietary benzophenone and diphenylacrylate UV absorbers for cosmetics, toiletries, coatings and polymer films. H&S Chemical, Inc., located in Covington, KY, manufactures fine iodine chemicals and a specialized line of sanitizers and disinfectants.

Edgewater Capital Partners, LLC, is a Cleveland, OH-based, private equity firm focused on investing in lower middle and micro-cap market companies.

www.edgewatercapital.com

www.syrgis.com


Source: Business Wire

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