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Executive Appointments and Governance Changes news
10 July 2026
Elkem Q2 2026 results: cost reductions and balance‑sheet strengthening
EBITDA fell on weak silicon prices; raised NOK 1.8bn, refinanced EUR 1bn facility and obtained NOK 750m NIB loan; Elkem Iceland reclassified as discontinued.
6 July 2026
ADNOC launches integrated global LNG marketing and trading platform
Combines marketing arms and trading into an ADGM-based LNG hub, targeting 47 mtpa marketable LNG by 2035 and expanding shipping optionality.
2 July 2026
Elkem appoints Dag Teigland as CEO; Helge Aasen to chair the board
Leadership change effective 3 August 2026; incoming CEO returns with industrial and investment experience and prior Elkem roles; outgoing CEO moves to board chair after 17 years.
2 July 2026
Inge Hofkens (Aurubis) elected President of European Metals
Starts July 1 for a two-year term; will push policy changes—permitting, material classification, energy and supply-chain rules—to raise recovery rates for strategic metals.
1 July 2026
Sumitomo Corporation to transfer 70% of S.C. Cement to Sumitomo Osaka Cement
70% stake in trading and ready‑mix cement unit to be transferred Oct 1, 2026; move pairs manufacturer technology with nationwide distribution and keeps limited financial impact.
25 June 2026
BASF Coatings names Executive Committee for standalone company effective July 1, 2026
New leadership team led by Jens Luehring will run the business as an independent company from July 1, 2026; senior appointments include Michael Pontzen and Ewout van Jarwaarde.
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25 June 2026
OCI court-appointed independent non-exec directors continue review of NNS cash offer
They stress independence under an Enterprise Court mandate, aim to finalise assessment by end-June 2026, and have not authorised an EGM to approve the proposed transaction.
23 June 2026
Hycamite updates leadership as Kokkola plant scales
Leadership roles shift while the Kokkola methane‑splitting plant expands to boost low‑carbon hydrogen and battery‑grade graphite output.
19 June 2026
Baerlocher establishes Baerlocher Germany GmbH & Co. KG
Operational activities move into a standalone German entity to separate holding functions and focus on European PVC stabilisers and specialty additives.
17 June 2026
Vopak nominates Helle Kristoffersen and Roeland Baan to Supervisory Board
EGM set for 29 July 2026 to vote on two Supervisory Board appointments; agenda and shareholders' circular are available online.
16 June 2026
Olin and Huntsman to merge as OlinHuntsman
All-stock merger creates an integrated North American chemicals platform with vertical chlorine/caustic integration, ~$12.5B pro forma revenue and $400M+ identified synergies.
9 June 2026
bp simplifies to two business segments and appoints segment chiefs
From 1 July 2026 the group will operate two segments: Upstream and Downstream. Gordon Birrell EVP Upstream; Richard Harding interim EVP Downstream; renewables move to Technology.
8 June 2026
Braskem brings IG4 and Petrobras into governance and names new executive team
Governance refreshed to accelerate financial reorganisation, improve operational efficiency and preserve liquidity; new CEO and turnaround-focused leadership appointed.
8 June 2026
Equinor ASA elects Jarle Roth as board chair
Jarle Roth named chair; deputy and several board members re-elected; new board term runs 1 July 2026 to June 2027.
8 June 2026
PPG appoints John Smith VP, Architectural Coatings EMEA; Steve Pocock to retire
John Smith will lead EMEA architectural coatings from July 1, 2026; Steve Pocock retires June 30, 2026.
8 June 2026
Kemira: Nomination Board members named
Four largest shareholders — Oras Invest, Varma, Ilmarinen and Nordea Funds — appoint representatives to the Nomination Board; Board Chair serves as expert member.
4 June 2026
Port of Antwerp-Bruges names Rob Smeets CEO
Six-year appointment following interim role; former COO with 20+ years at the port and prior leadership of towage and nautical operations.
3 June 2026
BASF appoints Steve Arndt Senior VP, Global Automotive Refinish Coatings
Arndt succeeds Titmarsh as global head of automotive refinish coatings on 1 July 2026; Titmarsh steps down after a 20-year company career.
3 June 2026
Galp: Rodrigo Vilanova resigns; Jorge Fernandez Vidal co‑opted to Board
Board member resigns for family health reasons; Executive Committee reduced to five and duties reassigned; new non‑executive director appointed through 2026.
3 June 2026
UPM names Joonas Rauramo Executive Vice President, UPM Energy
Joonas Rauramo will join the Group Executive Team as EVP, Energy on 1 October 2026 and will be based in Helsinki.
3 June 2026
Coolbrook appoints Veli‑Matti Mattila as Chairman to support industrial scale‑up
Brings decades of international technology and board leadership to support commercial deployment and industrial execution.
2 June 2026
QEMETICA sells salt assets to K+S and launches Resource Recovery unit
Divests evaporated salt business for €350–€380m to fund a new Resource Recovery segment focused on waste-to-energy and energy security.
1 June 2026
Honeywell names Jill Evanko to board
Evanko, Duravant CEO with 25+ years in industrial and manufacturing (ex-Chart Industries CEO/CFO), joins as independent director and Audit Committee member; Notre Dame MBA.
1 June 2026
TechnipFMC appoints Eric D. Mullins to board
Eric D. Mullins, Chairman & CEO of Lime Rock Resources, joins the board effective June 1, 2026. He brings private equity, investment banking and public-board experience.
1 June 2026
Momentive Names Jim Knaub CMO
Effective June 1, the new CMO will lead global marketing, portfolio positioning, go‑to‑market and commercial enablement. Appointee joins from Dow with 24+ years; holds BS ChemE and an MBA.
1 June 2026
OCI agrees to sell 50% of OCI Nitrogen to AGROFERT
Divests 50% for ~€55m (subject to adjustments); buyer gains operational control. Put/call on remaining 50% exercisable from 2 years post-close at 7x two-year avg. pro-forma adj. EBITDA. Target H2 2027.
1 June 2026
Equinor nomination committee recommends Jarle Roth as board chair
Nomination committee proposes a new chair; recommends re-election of Anne Drinkwater (deputy) and five directors; Jon Erik Reinhardsen will resign. Election takes effect 1 July 2026 to June 2027.
29 May 2026
PCC SE confirms Dr. Peter Wenzel as Chairman of the Executive Board until 2031
Supervisory Board decision highlights long-term investor focus and leadership stability amid current market challenges.
29 May 2026
Chevron names Scott A. Keller general counsel
Scott A. Keller joins July 1 as general counsel, reports to R. Hewitt Pate, will succeed him as chief legal officer Jan 1, 2027. Keller is a leading appellate lawyer and former Texas Solicitor General.
29 May 2026
Futerro CEO Van Gansberghe Reappointed to European Bioplastics Board, Named Co-Chair
Will push for EU policies supporting bio-based, biodegradable and compostable plastics—replace fossil carbon where valuable, enable circularity and strengthen resilient industrial value chains.
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