Ferro Corporation today announced the appointment of Marran Ogilvie to its Board of Directors. Ms. Ogilvie has more than 20 years of executive management and financial experience across a diverse set of business environments, including growth-oriented international businesses.
“We are looking forward to Marran’s contributions as we continue to advance our Value Creation Strategy,” said Peter T. Thomas, Chairman, President and Chief Executive Officer of Ferro. “Her work on other public company boards and breadth of experience both as a chief operating officer and general counsel of a high-growth company, along with her proven international finance and strategy work, align with our objective of sustaining the highly profitable growth we have achieved in recent years.”
Ms. Ogilvie, who is 49, was a member of Ramius, LLC, an alternative investment management firm, where she served in various capacities from 1994 to 2009 before the firm’s merger with Cowen Group, including as Chief Operating Officer and General Counsel. Following the merger, Ms. Ogilvie served as Chief of Staff at Cowen Group, Inc. until 2010.
Ms. Ogilvie has served since 2015 as a director of Four Corners Property Trust, Inc., a real estate investment trust, and LSB Industries, Inc., a chemical manufacturing company, and since 2012 as a director for the Korea Fund, a closed-end investment company.
Ms. Ogilvie earned a B.A. from the University of Oklahoma and a J.D. from the St. John’s University School of Law.
Corteva (Indianapolis, Indiana) says it has signed a definitive agreement to acquire Stoller Group (Houston, Texas), a producer of biostimulants and plant nutrition products, for $1.2 billion. Stoller is one of the largest independent biologicals companies globally, with operations in more than 60 countries and more than $400 million in annual sales.
OMV has announced its new corporate structure today, designed to fully enable the delivery of Strategy 2030. The new organization will be built on five distinct areas. In addition to the CEO and CFO areas, three business segments will be established: Chemicals & Materials, Fuels & Feedstock, and Energy.
The European petchem sector is readying for some tough quarters. It’s a different picture in the US. So is this the best time ever to find a new role in the chemical industry? If you are in Europe, you would expect me to say probably not. But actually, it depends. So let me give you four answers to this question.