Former Formica CEO Consulting for PE Firm

New York, NY, June 26, 2008--TowerBrook Capital Partners L.P., a New York and London-based private equity firm, has hired former Formica Corp. CEO Frank A. Riddick III as a consultant.

Riddick will explore potential investment opportunities in the building materials sector. An industry veteran with nearly 15 years of experience in the sector, Riddick served in a variety of management roles at different building materials companies and has extensive experience managing complex situations.

Prior to joining Formica, Riddick served in various executive capacities at Armstrong World Industries, including as president and chief operating officer. While at Armstrong, he was responsible for expanding Armstrong’s global business. P