Leading chemical manufacturer Ciba Specialty Chemicals announced that the Board of Directors has decided to adapt the structure of the Executive Committee, to the changing needs of the Company and its markets and thereby, strengthen its strategic and operational leadership.
A new position of Chief Operating Officer (COO), responsible for the operational management of the businesses will be introduced. Brendan Cummins, currently Head of the Plastic Additives segment has been appointed to this position. The Company will be led by the Executive Committee with two dedicated teams – the Chairman's Committee, focusing on strategic development, and the Operating Executive Committee, focusing on the operational management of the business.
“This move strengthens the leadership of the Company and makes more agile. It allows me to concentrate even more on the important strategic development and long-term direction of the Company, while the new COO will primarily focus on operational management”, said Armin Meyer, Chairman of the Board & CEO. “With this new structure, they build on a very competent and well-proven team and ensure continuity and commitment”.
The Chairman's Committee will comprise of the Chairman of the Board & CEO, the COO, the Chief Financial Officer (CFO), and the Chief Technology Officer. The Operating Executive Committee will comprise of the COO, CFO and the four Segment Heads.
The new Chief Operating Officer, Brendan Cummins, (54, Irish citizen), has been with Ciba for more than 30 years, of which, he spent around 20 years in Asia. He has held a number of leading international positions, including Regional President of China and the Head of the Home and Personal Care business. He has been a member of the Executive Committee since 2001 and is currently the global Head of Plastic Additives.
marketing@alchempro.com
