Robert Bryant Named Interim Chief Executive Officer of Axalta

Axalta Coating Systems Ltd. (NYSE: AXTA) today announced that its Board of Directors has appointed Robert Bryant, Axalta’s Executive Vice President and Chief Financial Officer, to the additional role of interim Chief Executive Officer, effective immediately. Bryant succeeds Terrence Hahn, who has resigned by mutual agreement with the Board, following an investigation by outside counsel into conduct by Mr. Hahn unrelated to financial matters that … Continue reading Robert Bryant Named Interim Chief Executive Officer of Axalta

Sun Chemical Names Myron Petruch President and Chief Executive Officer

 Sun Chemical has appointed Myron Petruch as its President and Chief Executive Officer, effective January 1, 2019. Petruch assumes leadership of Sun Chemical after serving as President of Sun Chemical Performance Pigments and General Manager of the Pigments Products Division since 2008. He succeeds Rudi Lenz who will transition to the new role of Vice Chairman of the Board at Sun Chemical. In this role, … Continue reading Sun Chemical Names Myron Petruch President and Chief Executive Officer

BASF names Ribelin as kaolin distributor for the West and Southwest regions of the U.S.

Agreement expands on Ribelin’s current coverage of Southeast territory Charlotte, NC, August 31, 2018 – BASF signed a distribution agreement with Ribelin (an Azelis Company), a leading specialty chemicals distributor, to manage its portfolio of kaolin products in the West and Southwest regions of the U.S. The business will be fully transitioned by December 1, 2018. “There’s tremendous opportunity with this territory expansion as we … Continue reading BASF names Ribelin as kaolin distributor for the West and Southwest regions of the U.S.

Terrence Hahn Officially Joins Axalta as Chief Executive Officer

Axalta Coating Systems Ltd. (NYSE: AXTA) today announced that Terrence Hahn has officially joined the Company as Chief Executive Officer, succeeding Charlie Shaver, who will continue at Axalta as Non-Executive Chairman. Hahn will also serve on Axalta’s Board of Directors, expanding the Board’s size from eight to nine Directors. Axalta previously announced this transition on July 25, 2018. “My career experiences – at Honeywell and … Continue reading Terrence Hahn Officially Joins Axalta as Chief Executive Officer

Personnel Changes at the Board of Executive Directors of BASF

The Board of Executive Directors of BASF has announced the following personnel changes: Fried-Walter Münstermann (54), President, Procurement, BASF SE, Ludwigshafen, Germany, will assume responsibility for the “Task Force Process Simplification” effective January 1, 2019. He will be succeeded by Stefano Pigozzi (54), President, Monomers, BASF SE, Ludwigshafen. At the same time Kenneth T. Lane (50), President, Catalysts, BASF Corporation, Iselin, New Jersey, will assume … Continue reading Personnel Changes at the Board of Executive Directors of BASF

Stahl appoints new CFO

Stahl, headquartered in the Netherlands, announced today the appointment of a new Chief Financial Officer and member of the Board of Stahl Holdings B.V. as of 1 January 2019. Frank Sonnemans (57) takes over the responsibilities of the current CFO, Bram Drexhage, who has decided to retire from Stahl mid-2019. Sonnemans is currently employed at Kendrion N.V., which is listed on NYSE Euronext Amsterdam, where … Continue reading Stahl appoints new CFO

The Carlyle Group and GIC identify new CEO for AkzoNobel Specialty Chemicals pending completion of the sale

As part of the strategy to separate Specialty Chemicals from its Paints and Coatings business, AkzoNobel announced in March 2018 that it had agreed to sell 100% of its Specialty Chemicals business to The Carlyle Group and GIC. Upon completion of the transaction, expected before the end of 2018, Charles W. Shaver will join the new company as Chief Executive Officer. Werner Fuhrmann, CEO of … Continue reading The Carlyle Group and GIC identify new CEO for AkzoNobel Specialty Chemicals pending completion of the sale