Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 11, 2009, Edward P. Garden resigned from his position as a member of the Board of Directors of the Company. Mr. Garden did not resign from the Board of Directors as a result of a disagreement with the Company on any matter relating to the company's operations, policies or practices. Mr. Garden served on the Environment, Health & Safety, Finance & Pension, and Organization, Compensation and Governance committees of the Board of Directors

On March 12, 2009, Billie S. Flaherty was appointed a director of Chemtura Corporation. Ms. Flaherty will serve as a director until the Annual Meeting of Stockholders in 2009. Ms. Flaherty, age 51, has served as Senior Vice President, General Counsel and Secretary of Chemtura Corporation since January 2009.

On March 13, 2009, the Organization, Compensation and Governance Committee of the Board of Directors of the Company approved for adoption the Chemtura Corporation Executive and Key Employee Severance Plan in order to formalize its severance pay policy as such policy applies to eligible employees of Chemtura and all of the subsidiaries and affiliates of Chemtura. A copy of the Chemtura Corporation Executive and Key Employee Severance Plan is attached hereto as Exhibit 10.1 and is herein incorporated by reference.

Item 9.01 Financial Statements and Exhibits.

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(d) Exhibits.

Exhibit Number Exhibit Description
10.1 Chemtura Corporation Executive and Key Employee Severance Plan

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