Harsco Corporation Names Howard Pierce, President and CEO of ABB Inc. to Harsco Board of Directors

Camp Hill, Pennsylvania, UNITED STATES


HARRISBURG, Pa., May 3, 2001 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that D. Howard Pierce, 59, President and CEO of ABB Inc. the U.S. subsidiary of global industrial, energy and automation provider ABB (NYSE:ABB), has joined the Harsco Board of Directors, effective May 1, 2001.

Harsco Chairman, President and CEO Derek C. Hathaway said, "Howard Pierce's proven executive record and broad international experience continue Harsco's tradition for strong, independent Board leadership."

Mr. Pierce has served as President and CEO of ABB Inc. since 1999, and held special responsibility within the worldwide ABB organization for China, Canada, Mexico and the countries of South America. During his nine years with ABB, Mr. Pierce has held several senior executive management positions within ABB's global product organization, including president, steam power plants and environmental systems; group executive vice president and member of ABB's executive committee; and president, ABB China Ltd. headquartered in Beijing. His management career also includes 24 years with Westinghouse Electric Company.

He is a member of the Business Roundtable, the Board of Directors of the US-China Business Council and the National Association of Manufacturers, and serves as a Trustee for Drexel University and for the Eisenhower Exchange Fellowships program.

He received undergraduate engineering degrees from Shrewsbury Technical College in the United Kingdom and Drexel University, and also completed Harvard University's Program for Management Development.

Harsco Corporation provides market-leading industrial services and products to the worldwide infrastructure development, steel, railway transportation, gas and energy markets. The company employs more than 20,000 people in 38 countries of operation, and recorded revenues for 2000 of $2 billion. Additional information about Harsco can be found at www.harsco.com.



        

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