Nouryon has announced a new organizational model as part of its strategy to accelerate growth and drive performance improvement. The new model, which will take effect January 1, 2020, is organized around three market-focused Businesses supported by a centralized Operations and Functional structure.
The three Businesses and their leaders are as follows:
Leading the Operations organization:
Having centralized Operations will drive efficiency and performance improvement based on strong regional hubs to support the company’s manufacturing base, while the Businesses can focus on customers and unique value propositions.
“This optimized model will allow our Businesses and support organizations to concentrate on what they do best,” said Charlie Shaver, Nouryon CEO. “Each Business will have a clear mission, driving management focus.”
“This model will make us more market-focused and better equipped to meet customers’ needs,” Shaver added. “I look forward to working with the leadership team to deliver on our growth strategy.”
About Nouryon
Nouryon is a global, specialty chemicals leader. Markets and consumers worldwide rely on our essential solutions to manufacture everyday products, such as personal care, cleaning goods, paints and coatings, agriculture and food, pharmaceuticals, and building products. Furthermore, the dedication of approximately 8,200 employees with a shared commitment to our customers, business growth, safety, sustainability and innovation has resulted in a consistently strong financial performance. We operate in over 80 countries around the world with a portfolio of industry-leading brands.