A. Schulman, Inc. announced today that Kathleen M. Oswald has joined its Board of Directors. Oswald (67) was elected to the Board at the Company’s annual meeting of stockholders held on December 9, 2016.
For the past nine years, Oswald has served as Senior Vice President and Chief Human Resources Officer of Detroit-based Henry Ford Health System, one of the nation’s leading comprehensive, integrated non-profit health systems. In this role, she is responsible for all aspects of human resources for approximately 24,000 employees, including, but not limited to, succession planning, leadership and physician development and talent selection.
She began her career with the Chrysler Corporation, where she held various positions of increasing responsibility during her 28-year tenure. She retired from the automotive manufacturer in 2000 as its Chief Administrative Officer.
“Kathy is a proven business leader with a deep understanding of performance management, as well as having a distinguished track record in the global automotive industry,” said Joseph M. Gingo, Chairman, President and Chief Executive Officer. “Her insight and experience will be of value to us as we move forward in restoring A. Schulman’s operational and financial performance with a healthy sense of urgency.”
Source: A. Schulman, Inc.
INEOS Styrolution, the global leader in styrenics, has today announced the official opening of a new world-scale ABS facility located in Ningbo, China, together with its joint venture partner SINOPEC. The facility has an annual nameplate capacity of 600,000 tonnes.
The merger of Röhm’s Acrylic Products business unit and SABIC’s Functional Forms business has resulted in the formation of Polyvantis. This new company will offer extruded products in the forms film, sheet, pipe and rod for markets that include building and construction, transportation and aviation, electrical and electronics, automotive and home and garden.
Abu Dhabi National Oil Co. (Adnoc) is considering plans to acquire upstream oil and gas company Wintershall DEA, an affiliate of BASF SE, according to a Bloomberg report citing people with knowledge of the matter. A deal to acquire Wintershall DEA could be worth more than €10 billion, the report said. BASF and Adnoc declined to comment on the report.