RPM has announced an organizational reshuffle in which its group presidents will report directly to chairman and CEO Frank Sullivan, leading to the early retirement of COO Ronald Rice. Rice has been a part of RPM’s leadership team for over two decades, according to Sullivan.
RPM in late June announced a deal with activist investor Elliott Management (New York) under which it will undertake some governance changes.
By Vincent Valk
Source: Chemical Week
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The Supervisory Board of Symrise AG has appointed Walter Ribeiro to the Executive Board with effect from September 15, 2024. Ribeiro will take over the management of the Taste, Nutrition & Health (TN&H) segment, which was previously headed by CEO Dr. Jean-Yves Parisot.
Having circled the German chemicals firm for more than a year, ADNOC in June won the target company over to disclose more data and have in-depth talks, based on an improved indicative bid of 11.7 billion euros or 62 euros per share.