RICHMOND, Va., May 19, 2010 (BUSINESS WIRE) --Tredegar Corporation (NYSE:TG) has appointed R. Gregory Williams, an
independent director since 2002 and president of CCA Financial Services,
LLC, based in Richmond, as Chairman of the Board, succeeding Richard L.
Morrill, who will continue as a member of the Board of Directors.
Dr. Morrill said: "I am confident that Greg's financial acumen and keen
insights will help guide the company and the board into the future. I
look forward to working with him in his new role."
The company has also named Monica Moretti vice president, effective
immediately. Ms. Moretti also serves as president of Tredegar Film
"Monica has made many contributions to Tredegar Film Products as well as
to Tredegar Corporation since joining the organization two years ago,"
said Nancy M. Taylor, Tredegar's president and chief executive officer.
Ms. Moretti joined Tredegar Film Products in early 2008 as its general
manager, Hygienics. In late 2008, she was promoted to divisional vice
president and general manager, Consumer Care. On January 31, 2010, Ms.
Moretti was named president of Tredegar Film Products. Prior to joining
Tredegar Film Products, she had global sales and marketing management
responsibilities with multi-national manufacturing companies. Ms.
Moretti received a business administration degree from Universita' di
Pavia in Italy.
Based in Richmond, Va., Tredegar Corporation is primarily a global
manufacturer of plastic films and aluminum extrusions.
FORWARD-LOOKING AND CAUTIONARY STATEMENTS
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995:
This news release may contain "forward-looking statements" regarding
Tredegar Corporation's business. These statements are not historical
facts, but statements that involve risks and uncertainties. Actual
results could differ materially from those included in these
forward-looking statements. For a discussion of such risks and
uncertainties, see "Forward-looking and Cautionary Statements" in the
company's Annual Report on Form 10-K for the most recently ended fiscal
SOURCE: Tredegar Corporation
Kevin A O'Leary, 804-330-1102