The GF Board of Directors nominated Mads Joergensen as new Chief Financial Officer (CFO) and member of the Executive Committee of GF, effective 18 April 2019. He will succeed Andreas Müller who has been appointed as new CEO of the Corporation.
Mads Joergensen (50), dual citizen of Switzerland and Denmark, holds a Master degree in Economics & Business Administration from the Copenhagen Business School (Denmark). He has a broad experience in Finance & Controlling, Strategy Development, M&A and IT. After several management positions at companies in the Consulting, Logistics and IT sector, Mads Joergensen started his career at GF in 2003 as Head of Strategic Planning at GF Piping Systems. Since 2009, he has served as CFO of GF Piping Systems, the largest division of GF.
Source: Georg Fischer
Sika AG (Baar, Switzerland) has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia. With this new facility in one of the country’s main industrial agglomerations, Sika is positioning itself for continued growth in the dynamic Bolivian construction market.
Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) announced on Monday a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.
Lotte Chemical Corp. will invest 10 trillion won ($8 billion) on hydrogen and battery materials through 2030 to achieve annual revenue of 50 trillion won and carbon neutrality. The Korean chemical producer on Thursday unveiled its new corporate vision outlining key corporate strategies with focus on growth through hydrogen energy and battery materials businesses.