Sector News

Nexeo Solutions announces Dan F. Smith as new Chairman

March 14, 2017
Energy & Chemical Value Chain

Nexeo Solutions, Inc., a leader in chemicals and plastics distribution, announced today that the Board appointed Dan F. Smith as the new Chairman of the Board following the resignation of Wilbur L. Ross, Jr. from the Board of Directors.

Mr. Ross resigned as a result of his recent confirmation and swearing in as the United States Secretary of Commerce.

“I appreciate all the support Wilbur provided to Nexeo Solutions and me personally during the SPAC process to take the company public. I respect his decision given his future undertaking,” said Nexeo Solutions’ President and CEO, David Bradley. “I am excited to have Dan as our Chairman, given his history and industry knowledge. He continues to be an advisor to me and my leadership team as we pursue our vision, defining distribution.”

In addition, the Board appointed Robert J. Zatta to the Board to fill the vacancy created by Mr. Ross’ resignation. Previously, he served as the Chief Financial Officer of Rockwood Holdings, Inc., a publicly-traded specialty chemicals company, from April 2001 until January 2015, when Rockwood Holdings, Inc. was acquired by Albemarle Corporation.

“I am excited to serve as Chairman of the Board for Nexeo Solutions, now as a public company. I will continue to work closely with the team on progressing the company’s strategic agenda,” said Dan Smith, Chairman of the Board. “We are excited to welcome Bob to Nexeo Solutions’ Board of Directors and believe his strong experience in specialty chemicals will be extremely valuable as Nexeo Solutions continues to grow.”

Source: Nexeo Solutions, Inc.

comments closed

Related News

April 14, 2024

Nadja Håkansson appointed Chief Executive Officer of thyssenkrupp Uhde

Energy & Chemical Value Chain

The future CEO of thyssenkrupp Uhde, Nadja Håkansson, has held various management positions at Siemens and Siemens Energy and looks back on over 18 years of national and international experience in the areas of supply chain management, operations, sales and corporate management.

April 14, 2024

Neste and Lotte Chemical team up to scale renewable plastics from used cooking oil

Energy & Chemical Value Chain

Neste and South Korean company Lotte Chemical have partnered on a project to elevate the sustainability profile of chemicals and plastics. The partnership’s ambition is to replace fossil resources with renewable raw materials that offer a lower carbon footprint.

April 14, 2024

EU chemical industry confidence shows upward trend

Energy & Chemical Value Chain

At least the confidence in the chemical sector has been seeing an upward trend and the trade balance is recovering as destocking seems to be coming to an end. Citing projections from the European Central Bank, CEFIC states that the level of inflation is expected to fall from 5.4% in 2023 to 2.3% in 2024.

How can we help you?

We're easy to reach