Rohm and Haas CEO Raj L. Gupta Named Drexel Business Leader of the Year

Business Wire, July 27, 2006

PHILADELPHIA -- Raj L. Gupta, Drexel trustee and chairman, president and CEO of Rohm and Haas Company, will receive Drexel University's 53rd Business Leader of the Year award at a luncheon Nov. 30 at the Park Hyatt at the Bellevue in Philadelphia.

Based in Philadelphia, Rohm and Haas is a global leader in the creation and development of innovative technologies and solutions for the specialty materials industry. The company's technologies are found in a wide range of markets, including building and construction, electronics, industrial process, packaging, transportation, household and personal care, water, food and retail and paper. Its technologies and solutions help to improve life every day around the world. Rohm and Haas' annual sales were about $8 billion in 2005.

Gupta joined Rohm and Haas in 1971 and has served as financial analyst, financial manager of the subsidiary in the United Kingdom, business director for plastics in Europe, vice president, director of the Pacific Region and a member of the company's Chairman's Committee. He was named Rohm and Haas chairman and CEO in 1999 and became president in 2005.

Gupta earned an MBA in finance from Drexel's LeBow College of Business in 1972. He has a bachelor's degree in mechanical engineering from the Indian Institute of Technology and a master's degree in operations research from Cornell University. Gupta is a member of the boards of Tyco, Vanguard Group, American Chemistry Council and Chemical Heritage Foundation.

The Business Leader of the Year luncheon benefits students in Drexel's LeBow College of Business. The 2005 event, honoring C.R. "Chuck" Pennoni, chairman of the international engineering firm Pennoni Associates Inc., raised more than $400,000 in scholarships and capital support in Pennoni's name. For more information about the luncheon: 215-895-2999 or marc.r.britton@drexel.edu.