Ashland Inc. Holds 80th Annual Shareholders Meeting
Press Release
Ashland Inc. Holds 80th Annual Shareholders Meeting
(Photo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO )
The election of four directors was approved by the shareholders. Re- elected to the Ashland Inc. board are: Ernest H. Drew, Mannie L. Jackson, Theodore "Tim" M. Solso and Michael J. Ward. All four were elected to serve a three-year term until the 2007 annual meeting.
The shareholders also ratified Ernst & Young as independent auditors for the company's fiscal year 2004.
In brief comments to shareholders in attendance, James J. O'Brien, Ashland Inc. chairman and chief executive officer, discussed the company's fiscal 2003 performance as well as progress-to-date in fiscal 2004. "In fiscal 2003, we focused on changing the way we run our businesses," he said. "Now in 2004, we are focusing on execution. Our top priority is to consistently produce top- quartile total returns to shareholders compared to our industry peers."
Ashland Inc. (NYSE: ASH) is a Fortune 500 transportation construction, chemicals and petroleum company providing products, services and customer solutions throughout the world. Through the dedication of our employees, we are "The Who In How Things Work." Find us at www.ashland.com .
Trademark, Ashland Inc.
SOURCE Ashland Inc.
 |
| "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Ashland's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year. |