CHICAGO, Oct. 27 /PRNewswire-FirstCall/ -- Oil-Dri Corporation of America announced today the resignation of Wade R. Bradley, an executive officer of the Company. Mr. Bradley is President of the Company's Retail and Wholesale Products Group; his resignation is effective November 3, 2006. He is leaving the Company to become the chief executive officer of a non-competing company based in the Atlanta, Georgia area.
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"We have been fortunate to have Wade as our friend and colleague for the last sixteen years," commented President and Chief Executive Officer Daniel S. Jaffee. "We wish him every success in this new phase of his career."
While it determines how to fill the vacancy created by Mr. Bradley's resignation, the Company expects to allocate his day-to-day responsibilities among other members of its leadership team.
Oil-Dri Corporation of America is a leading supplier of specialty sorbent products for agricultural, horticultural, fluids purification, specialty markets, industrial and automotive, and the world's largest manufacturer of cat litter.
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Such statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially including, but not limited to, those described in Item 1A (Risk Factors) of our most recent Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission. Should one or more of these or other risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, intended, expected, believed, estimated, projected or planned. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except to the extent required by law, we do not have any intention or obligation to update publicly any forward-looking statements after the distribution of this report, whether as a result of new information, future events, changes in assumptions, or otherwise.
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