USG Corp. has announced that chairman William Foote will retire from the company and its board of directors, effective Dec. 1, 2011. The board has elected James Metcalf, USG's president and CEO, to the post of chairman of the board, effective upon Foote's retirement.
Foote, who joined USG in 1984, served as USG's chairman since 1996, after having been elected CEO in 1995 and president in 1994.