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Craig Rogerson Named President and CEO of Hercules

Hercules Incorporated (NYSE: HPC) today announced that its Board of Directors has elected Craig A. Rogerson President and Chief Executive Officer, effective immediately.  Rogerson, 47, who has been acting President and Chief Operating Officer since October, was also elected to the Company’s Board of Directors.

John K. Wulff will continue as Non-Executive Chairman of the Board.  Wulff said, "After a thorough search, our Board has unanimously concluded that Craig is the right person to lead Hercules.  In addition to a strong operating background, excellent leadership skills and a wide-ranging knowledge of our businesses, he has played a key role in the company’s successful turnaround and return to financial and operational health.  We look forward to working closely with Craig as we continue to execute on our strategy."

Joe B. Wyatt, an outside Director and Chairman of the Corporate Governance, Nominating and Ethics Committee, said Rogerson’s selection followed a three-month international search conducted by the Board with the assistance of Spencer Stuart.  "We interviewed a number of highly qualified internal and external candidates.  Based on this extensive process, it is clear to us that Craig is the best person for the job."

Rogerson said, "I look forward to building on the solid foundation that the people of Hercules have worked hard to establish.  We are focused on driving shareholder value through solid execution of our strategy to bring value to our customers, increase competitive advantage, improve productivity and deliver further financial improvement."

Since April 2002, Rogerson has served as President of Hercules’ FiberVisions and Pinova divisions and Corporate Vice President of Global Procurement.  He was previously Vice President and General Manager of BetzDearborn and earlier served as President and CEO of Wacker Silicones Corporation.

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