Lonza’s Board of Directors announced today the appointment of Sven Abend as Chief Operating Officer for Specialty Ingredients following the decision by Beat In-Albon (63) to step down from that role and the Executive Committee at the end of this year.
Sven Abend, currently Chief Strategy Officer and member of the Executive Committee, will take over as head of Specialty Ingredients on 1 January 2016. With this move Lonza’s Executive Committee will be reduced from five members to four. Beat In-Albon will continue to be involved in special projects and report directly to Lonza’s CEO.
“During his long and successful career, Beat has played a significant role in the stabilization of Lonza as a whole; and we’re pleased he will continue to help us in a coordinating role,” said Richard Ridinger, CEO of Lonza.
“Sven’s experience as Chief Strategy Officer in the Executive Committee with additional responsibility for Consumer Care and Industrial Solutions has prepared him well for leading our Specialty Ingredients segment,” he added.
Source: Lonza
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