Sector News

Syensqo announces CEO transition

October 12, 2025
Energy & Chemical Value Chain

Syensqo recently announced that Ilham Kadri will step down as its Chief Executive Officer, effective January 1, 2026. Mike Radossich, current President of Syensqo’s Performance & Care and Other Solutions segments, will succeed her.

Mike Radossich is an accomplished industry leader with a successful track record in transforming complex businesses and delivering growth and operational efficiency at global scale. He has worked at Syensqo and its predecessor companies for more than 30 years and currently serves as President of the company’s Performance & Care and Other Solutions segments, responsible for overseeing four global business units that generated €2.8 billion in net sales in 2024. At Solvay Group – from which Syensqo was spun-off in December 2023 – he led turnaround efforts for the Novecare Business Unit, achieving sustainable and profitable growth and delivering strong financial results. Mike joined the Group from Cytec Industries in 2015, following its acquisition.

Rosemary Thorne, Chair of the Board of Directors, commented: “Mike combines extensive chemical industry experience with a deep knowledge of our business. His appointment is the result of a rigorous selection process within a carefully designed succession plan, and the Board is confident that Mike is the right leader to guide our next phase of growth and deliver sustainable value for all Syensqo stakeholders.”

Ilham Kadri, Outgoing CEO of Syensqo, added: “I’m deeply happy that Mike will lead the next chapter of Syensqo. Having worked closely with him over the last six years, giving him increasingly more responsibilities, I know he is an exceptional leader with the energy and results-oriented approach needed to advance Syensqo’s goals, through the next chapter of our journey.”

Mike Radossich, Future CEO of Syensqo, said: “I am honored and humbled to take on the role of CEO of Syensqo. My past experiences have given me unparalleled insight into our business and industry, and how best to evolve for lasting success. With Syensqo now firmly established as a specialty leader, we are fully focused on driving long-term profitable growth, improving returns and value creation. Like Ilham, I am passionate about building high-performance cultures that place our customers at the center of everything we do, and I look forward to accelerating our momentum and further strengthening the value we deliver to customers and shareholders.”

Source: chemanager-online.com

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