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Chemical

Lubrizol CEO expected to recover from cancer

June 18, 2004
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The Associated Press reports that the president and chief executive of specialty chemical maker Lubrizol Corp., began treatment for early stage testicular cancer last week, the company announced. James L. Hambrick, 49, was told by doctors that he has a 95 percent chance of being cured, Lubrizol said in a statement. Hambrick plans to continue daily work with the company based in this Cleveland suburb. W.G. Bares, chairman of Lubrizol''s board and former CEO, will help Hambrick oversee the company''s long-term plan, the statement said. Lubrizol sells high-performance chemicals, systems and services for transportation and industry. It owns and operates 37 manufacturing plants in 16 countries and has 5,000 worldwide employees. The company had revenues of $2 billion last year.
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