Synalloy Corp. Names Two New Board Members

Synalloy Corp., a producer of specialty chemicals, pigments, stainless steel pipe, vessels, and process equipment, has announced the appointment of James W. Terry and Henry L. Guy to its Board of Directors. They are replacing directors Sibyl N. Fishburn, who retired after 32 years of service on the Board, and Jeffrey Kaczka, elected to the Board in April 2011, who resigned due to the responsibilities required in his new role of chief financial officer for another company.

Henry Guy is the president & CEO of Modern Holdings Inc., a diversified holding company with investments primarily in the telecommunications, media, healthcare, and energy industries. He joined the firm in 2002 and has led investments in over thirty Modern Holdings subsidiaries. Guy is also a managing director of Anima Regni Partners, a single family office with offices in the U.S., Luxembourg, and Sweden. Guy serves on several boards including those of Verdere S.à.r.l., Basset AB, Evermore Global Advisors, Specialty Claims Management, and Lors Photography Inc. Guy serves on the Board of Visitors of Vanderbilt University's Owen Graduate School of Management. He holds a BS degree in Economics from the United States Naval Academy and a Masters of Business Administration from Vanderbilt University.

Jim Terry has been the president of Hollingsworth Funds Inc., Greenville, SC, a charitable foundation, since October 2009. His career has been principally in the banking industry where he served as president of Carolina First Bank, Greenville, SC, from 1991 to 2008, and executive vice president of First Union National Bank, Charlotte, NC, from 1970 to 1991. He holds a BSBA degree from the University of North Carolina.

For more information, visit www.synalloy.com