Abstract

Mitsubishi Chemical Holdings has named Jean-Marc Gilson, a Belgian-born chemical executive, its CEO effective April 1, 2021. He will succeed Hitoshi Ochi, who plans to retire. Currently the CEO of Roquette, a French food and drug ingredient company, Gilson has held executive positions at Dow Corning and Avantor Performance Materials. He worked for 5 years in Japan for Dow Corning. Gilson will be the first foreign CEO of Japan’s largest chemical company. His appointment comes as other Japanese chemical firms act to diversify their boards and management. JSR, for example, elevated the American executive Eric Johnson to CEO in 2018. In an Oct. 23 video press conference, Gilson declined to specify changes he would make to Mitsubishi’s diversified portfolio. But he cited DSM as a model for portfolio transformation, noting that the Dutch firm—a major competitor of Roquette’s—has shifted from chemicals to food, nutrition, and health products over the past

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