NORTHBOROUGH, Mass., Feb. 10 /PRNewswire/ -- Aspen Aerogels, Inc. today
announced that James S. Sawyer, senior vice president and chief financial
officer of Praxair, Inc. has joined its board of directors. "Jim's addition to
our board of directors is a significant one as he brings a great deal of
financial and management expertise to the issues we face with our burgeoning
growth," said Don Young, Aspen Aerogels' CEO.
Sawyer has been chief financial officer of Praxair since 2000 and was vice
president and treasurer from 1994 until 2000. Prior to that he held various
positions with Union Carbide, Citibank and Bechtel. He holds a master's
degree in business administration from the Massachusetts Institute of
Technology and bachelors of science in earth and environmental science from
Wesleyan University. He is a member of the Conference Board's Senior
Financial Officer's Council and the Financial Executives Institute, and has
been a recipient of Institutional Investors CFO of the year award.
Praxair is the largest industrial gases company in North and South America
with 2005 sales of $7.6 billion. It has been ranked in the forefront of
public governance by Institutional Shareholders Services, Governance Metrics
and is a member of the Dow Jones Sustainability Index.
About Aspen Aerogels
Aspen Aerogels, supplies nanotechnology-enabled aerogels with insulating
properties that outperform traditional materials by 2 to 8 times. Unlike other
aerogel material providers, Aspen provides the thermal and acoustic
performance of aerogels in a ready-to-use blanket impregnated with the silica
nanostructures. This blanket format makes it easy for Aspen customers to
conserve energy and save money in oil and gas recovery, LNG shipping and
storage, apparel, military, aerospace and energy industries. In addition,
Aspen is actively developing applications in the building/construction,
automotive and fuel cell markets.
North & South America
+1 609 989 9600
Europe, Africa, Middle East and Asia
Martha de Monclin
+33 1 34 74 54 62
SOURCE Aspen Aerogels, Inc.