Ferro Announces Marran Ogilvie Joins Its Board of Directors

CLEVELAND–(BUSINESS WIRE)–Ferro Corporation (NYSE: FOE) today announced the appointment of Marran
Ogilvie to its Board of Directors. Ms. Ogilvie has more than 20 years of
executive management and financial experience across a diverse set of
business environments, including growth-oriented international
businesses.

“We are looking forward to Marran’s contributions as we continue to
advance our Value Creation Strategy,” said Peter T. Thomas, Chairman,
President and Chief Executive Officer of Ferro. “Her work on other
public company boards and breadth of experience both as a chief
operating officer and general counsel of a high-growth company, along
with her proven international finance and strategy work, align with our
objective of sustaining the highly profitable growth we have achieved in
recent years.”

Ms. Ogilvie, who is 49, was a member of Ramius, LLC, an alternative
investment management firm, where she served in various capacities from
1994 to 2009 before the firm’s merger with Cowen Group, including as
Chief Operating Officer and General Counsel. Following the merger, Ms.
Ogilvie served as Chief of Staff at Cowen Group, Inc. until 2010.

Ms. Ogilvie has served since 2015 as a director of Four Corners Property
Trust, Inc., a real estate investment trust, and LSB Industries, Inc., a
chemical manufacturing company, and since 2012 as a director for the
Korea Fund, a closed-end investment company.

Ms. Ogilvie earned a B.A. from the University of Oklahoma and a J.D.
from the St. John’s University School of Law.

About Ferro

Ferro Corporation (www.ferro.com)
is a leading global supplier of technology-based functional coatings and
color solutions. Ferro supplies functional coatings for glass, metal,
ceramic and other substrates and color solutions in the form of
specialty pigments and colorants for a broad range of industries and
applications. Ferro products are sold into the building and
construction, automotive, electronics, industrial products, household
furnishings and appliance markets. The Company’s reportable segments
include: Performance Coatings (metal and ceramic coatings), Performance
Colors and Glass (glass coatings), and Color Solutions. Headquartered in
Mayfield Heights, Ohio, the Company has approximately 5,300 associates
globally and reported 2016 sales of $1.15 billion.

Contacts

Ferro Corporation
Investors:
Kevin Cornelius Grant,
216-875-5451
Head of Investor Relations
[email protected]
or
Media:
Mary
Abood, 216-875-5401
Director, Corporate Communications
[email protected]