July 24, 2019 / 5:20 AM / a month ago

Clariant CEO exits after less than a year on the job

ZURICH, July 24 (Reuters) - Clariant Chief Executive Ernesto Ochiello resigned abruptly after less than a year on the job, the Swiss specialty chemicals maker said on Wednesday.

Hariolf Kottmann, the former CEO and board chairman, will assume leadership duties on an interim basis until a successor is found, the company said. Ochiello is exiting in the midst of negotiations with 25% stakeholder Saudi Basic Industries (SABIC) over the future of the business area high performance materials. (Reporting by John Miller, editing by Riham Alkousaa)

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