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AkzoNobel Names New CEO

1_AKZO.CEO

AkzoNobel today announced that Gregoire Poux-Guillaume will become the company’s new chief executive officer effective Nov. 1.

Poux-Guillaume will succeed Thierry Vanlancker, “who has been CEO and member of the board of management since 2017, and whose term of office is coming to an end,” the company said in a statement.

Poux-Guillaume previously has served as CEO of Sulzer and GE Grid Solutions (previously Alstom Grid) and was senior managing director of CVC Capital Partners.

“Gregoire Poux-Guillaume is an experienced business leader with a track record of delivering above market growth and building strong teams,” said Nils Smedegaard Andersen, chair of AkzoNobel’s supervisory board. “We’re happy and confident to have found the best match for AkzoNobel to continue our position as a frontrunner in our industry. His experience will provide a valuable perspective to help us with future growth and financial performance.”

The chairman said he is grateful for Vanlancker’s tenure, under which the company split off its specialty chemicals business to focus on paints and coatings with strong profitability.

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