Worthington Industries, Inc. (NYSE: WOR) announced today that Michael Luh has been hired as vice president of Centers of Excellence and Innovation for Worthington Industries. Luh is a 20-year veteran of Procter & Gamble (P&G), leading product innovation for P&G's largest brands.
"P&G is world-renowned for its innovation and Michael played a significant role in developing it as part of their culture," said Chairman and CEO John McConnell. "His ability to successfully drive change and produce innovative thought will benefit all of our businesses."
Worthington Industries' Centers of Excellence was formed in 2011, focused on improvements in operations, sales and supply chain management, initiated by the Company's transformation. The Centers of Excellence drives innovation and efficiencies throughout the Company with the goal of producing substantial and sustainable increases in performance at all levels.
Luh, 49, most recently was the associate design director of Household Care New Business Creation for P&G working on brands such as Tide®, Swiffer® and Charmin®. He was co-director of P&G's clay street project, a companywide innovation and problem-solving process, for six years where his work resulted in the successful re-launch of the Herbal Essences® and Pampers® brands. He also led the reinvention of P&G's packaging process, the largest manufacturing process shift in P&G history. Luh is a regular guest lecturer at Virginia Commonwealth University's Da Vinci Program and has authored a number of patents. He has a master's degree in industrial design from the University of Cincinnati and master's and bachelor's degrees in mechanical engineering from North Carolina State University.
About Worthington Industries
Worthington Industries is a leading diversified metals manufacturing company with 2012 fiscal year sales of $2.5 billion. The Columbus, Ohio based company is North America's premier value-added steel processor and a leader in manufactured pressure cylinders, such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, exploration, recovery and production products for global energy markets; scuba tanks, and compressed natural gas storage cylinders; custom-engineered open and enclosed cabs and operator stations for heavy mobile equipment; framing systems for mid-rise buildings; steel pallets and racks; and through joint ventures, suspension grid systems for concealed and lay-in panel ceilings, current and past model automotive service stampings, laser welded blanks, and light gauge steel framing for commercial and residential construction. Worthington employs approximately 10,000 people and operates 82 facilities in 11 countries.
Founded in 1955, the Company operates under a long-standing corporate philosophy rooted in the golden rule. Earning money for its shareholders is the first corporate goal. This philosophy serves as an unwavering commitment to the customer, supplier, and shareholder, and it serves as the Company's foundation for one of the strongest employee-employer partnerships in American industry.
Safe Harbor Statement
The company wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 ("the Act"). Statements by the company which are not historical information constitute "forward-looking statements" within the meaning of the Act. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected. Factors that could cause actual results to differ materially include risks described from time to time in the company's filings with the Securities and Exchange Commission.
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Cathy M. Lyttle
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