Johnson Matthey PLC said Monday that Patrick Thomas will succeed Tim Stevenson as chairman effective July 26, when the latter will retire following a seven-year tenure.
Mr. Thomas has been the chief executive and chairman of polymers company Covestro AG since 2015, Johnson Matthey said.
The sustainable-technology company said Mr. Thomas will join the board as non-executive director and chairman designate on June 1.
Mr. Thomas will be appointed as chairman of the board, effective from the end of the annual general meeting on July 26, the company said.
By Dimitrios Kontos
Source: MarketWatch
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