Ivo Schädler will assume responsibility for the Europe, Middle East and Africa (EMEA) region and will join Sika’s Group Management. He succeeds Paul Schuler, who was appointed Chief Executive Officer in May. Both will commence their new roles on July 1, 2017.
Ivo Schädler (51) began his career at Sika in 1997. He held various management positions at the Swiss national subsidiary before becoming General Manager for the UK and Ireland in 2012. In this role, he not only drove forward the subsidiaries’ growth and profitability, but also successfully completed the acquisition and integration of Everbuild Building Products Ltd., the UK’s largest manufacturer of sealants and adhesives.
In 2015 Ivo Schädler was appointed Area Manager Europe South and Head EMEA Target Market Refurbishment. His area of responsibility included sales activities in the major EU countries; UK, France, Italy and Spain, as well as in the repair and maintenance sector in the EMEA region, managing a turnover of around CHF 1 billion.
Ivo Schädler is a qualified materials science engineer (ETH Zurich) and also holds an MBA. He is a Swiss national and is married with two children.
Source: Sika AG
ExxonMobil Corp. (Spring, Tex.) announced the startup of two new chemical production units at its Baytown, Texas, manufacturing facility. The $2 billion expansion is part of ExxonMobil’s long-term growth plans to deliver higher-value products from its U.S. Gulf Coast refining and chemical facilities.
Ineos Enterprises has announced the acquisition of Eramet Titanium & Iron (ETI) from Eramet for €230 million ($245 million). The deal was completed on Sept. 21 and takes immediate effect, following the satisfaction of regulatory approvals.
Arxada has appointed Sanjeev Rastogi as Chief Executive Officer (CEO), effective immediately. He succeeds Marc Doyle who led Arxada since its foundation and will join the company’s board of directors as a non-executive member.
