Gebr. Knauf KG (“Knauf”) announced the U.S.-based leadership team that will be responsible for the continued success of USG Corporation after Knauf’s acquisition of USG is complete. The closing is subject to pending regulatory approvals and other customary closing conditions. The new leadership team will be led by Christopher Griffin, currently CEO of Knauf Insulation North America. Mr. Griffin has over 35 years of experience in the building materials industry, including 18 years with USG Corporation where he served in several senior roles, including Chief Operating Officer. The USG leadership team will be comprised of the following USG leaders, who will report to Mr. Griffin: Joseph W. Holmes, Senior Vice President, USG Corporation and President, Gypsum Division; Christopher D. Macey, Senior Vice President, USG Corporation and President, Ceilings Division; Steven P. Bjorklund, Senior Vice President, USG Corporation and President, Performance Materials Division; John M. Reale, Senior Vice President and Chief Customer Officer, USG Corporation; Diane Earll, Senior Vice President and Chief Human Resources Officer, USG Corporation; Mary A. Martin, Senior Vice President and General Counsel, USG Corporation; Dr. Srinivas Veeramasuneni, Senior Vice President and Chief Technology Officer, USG Corporation; Alexander G. Dadakis, Vice President, Strategy and Transition, USG Corporation; Stephanie Holdt, currently Vice President of Controlling for Gebr. Knauf KG, will join USG as Senior Vice President and Chief Financial Officer, USG Corporation. The new executive team will assume its responsibilities following, and subject to, the closing of the merger with USG. The merger is expected to close in early 2019, subject to the receipt of certain regulatory approvals and other customary closing conditions. Until that time, both companies will continue to operate as separate businesses under their current leadership structures.