Solutia Adds Edgar Hotard to the Board of Directors

Solutia Inc. announced that it has elected Edgar G. Hotard to the company’s Board of Directors and increased the total number of directors to nine. Hotard is currently a senior advisor for Monitor Group, specializing in multinational corporate development in Chinese markets, as well as commercial and government entrepreneurship in Asia.

Hotard retired in 1999 as president and COO of Praxair, Inc., a leading producer and distributor of specialty gases. Under his leadership, Praxair’s global sales more than doubled to $5 billion, and the company executed a successful expansion into the Asia-Pacific region. Prior to Praxair, Hotard served as vice president of Union Carbide Corporation and held various executive leadership roles there, including general manager of industrial gases and director of international business development and strategic planning.

In addition to Solutia’s Board of Directors, Hotard serves on the boards of Albany International Corporation and Global Industries, Ltd. Hotard will serve as a Class I director for a term that will expire at the 2012 annual meeting of shareholders.