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UPDATE 1-Belgium's Solvay names Ilham Kadri to replace Clamadieu as CEO [Reuters]

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PDF UPDATE 1-Belgium's Solvay names Ilham Kadri to replace Clamadieu as CEO | Reuters 2 Min Read (Adds detail, chairman’s quotes) Oct 9 (Reuters) - Belgian chemicals group Solvay has named Ilham Kadri, chief executive of U.S. hygiene technology and services company Diversey, to succeed Jean-Pierre Clamadieu as CEO next year. Clamadieu, who oversaw Solvay’s shift to more specialised, higher margin businesses since his appointment in 2012, became chairman of French utility Engie in May. Solvay said on Tuesday that Kadri, 49, would join the company on Jan. 1 and there would be a handover period of two months with Clamadieu. “She is passionate about science and innovation and that is really at the core of the DNA both of our history and our group today,” Solvay chairman Nicolas Boel said on a conference call. “Solvay’s portfolio has made a significant shift over the past five to six years and has brought a cultural change... we need to be ready for the next step - press ahead with the transfo [Read more]
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