DANBURY, Conn., February 27, 2008 — Praxair, Inc. (NYSE:PX) has named Riva Krut to the new position of director of sustainability. As the chair of Praxair’s Sustainability Council, Krut will work with functions across the business to identify priorities and set corporate sustainability goals, targets and action plans. She will monitor global trends to identify business opportunities as well as business partners and other stakeholder groups with whom Praxair can engage to further its sustainability mission.
Krut brings 25 years of experience as a sustainability and environmental management consultant to several leading multinational companies. Most recently, she was a vice president with Cameron-Cole LLC, a provider of environmental engineering and consulting, for six years. In 2006 she served as chair of the American Chemistry Council’s Strategic Review Board which reviewed the organization’s Responsible Care Management System. Krut holds a Ph.D. in history from the University of London, U.K., and a bachelor’s degree from the University of the Witwatersrand, South Africa.
“As an external member of Praxair’s Sustainability Council for the past two years, Riva has contributed to the progress of Praxair’s sustainability activities,” said Ricardo Malfitano, executive vice president. “Her deep understanding of global sustainability trends will help position Praxair for the future.”
Praxair has been selected for the past five years as a component of the Dow Jones Sustainability World Index, which tracks the performance of the leading global sustainability-driven companies. Praxair also is a member of the Ethibel Sustainability Indexes, KLD Global Climate 100 Index and the Domini 400 Social Index.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2007 sales of $9.4 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.
Susan Szita Gore