Back to News

Borealis announces new Executive Board structure

  • Mark Garrett begins as Chief Executive and Chairman of the Executive Board
  • Martin Kuzaj to lead newly formed Base Chemicals business group
  • Henry Sperle to drive forward major investment projects in Middle East and Europe

Borealis, a leading provider of innovative, value creating plastics solutions, announces the new structure of its Executive Board. On January 1, Mark Garrett officially took over from John Taylor as Chief Executive and Chairman of the Executive Board. He is joined by two long-time Borealis executives, Herbert Willerth, who will continue as Executive Vice President (EVP) of Operations and Henry Sperle, who, after many years running the Hydrocarbons business, takes on the new EVP position for the Middle East and Asia. The two new members who have recently joined the board are Martin Kuzaj, EVP of the newly formed Base Chemicals business group and Daniel J. Shook, Chief Financial Officer. Currently, the EVP position for the Polyolefins (PO) business group is vacant, and until a new executive is appointed, the Chief Executive will oversee this part of the organisation.

The largest change in the Executive Board structure involves the creation of a new business group called Base Chemicals, which includes products such as feedstock and olefins, phenol and aromatics as well as melamine and plant nutrients manufactured by Agrolinz Melamine International (AMI). Another significant change involves Borealis' strategic growth plans in the Middle East and Asia. Henry Sperle, in his new role, will move to Abu Dhabi to assure that the company's expansion projects are successful. The most significant projects are Borouge 2 in Ruwais, UAE and the high-pressure LDPE plant in Stenungsund, Sweden.

"With this new Executive Board structure, we are preparing ourselves to meet the challenges of the future," remarks Chief Executive Mark Garrett. "I look forward to working closely with the new Board to continue to execute our strategy based on Value Creation through Innovation."

END

For further information, please contact:

Kerstin Meckler, Borealis Group Media Relations Manager
Tel. +43 122 400 389,
Email: kerstin.meckler@borealisgroup.com

Downloads
Borealis announces new Executive Board structure English, Dutch, Finnish, German, Swedish
Media Contact
Virginia Wieser
Senior Manager, Corporate Communications, Brand & Reputation
+43 1 22 400 772
media@borealisgroup.com

Latest News

Media Release – 24/06/2022

Project STOP celebrates major milestones achieved to stop waste leaking to the environment by creating a more circular waste management system in Indonesia

Read more

Media Release – 21/06/2022

Borealis is investing in global assets to satisfy future demand for high-quality Wire and Cable compounds

Read more

Media Release – 20/06/2022

Borealis and Borouge showcase sustainable Wire & Cable innovations at the WIRE 2022

Read more

Media Release – 15/06/2022

Borealis and EREMA Group provide a first glimpse of the topics, activities and highlights they will present in Düsseldorf

Read more

Media Release – 10/06/2022

Borealis Strategy 2030: Re-inventing Essentials for Sustainable Living

Read more

News – 30/05/2022

Borealis Innovation Award 2022 for the best HTL final papers

Read more

Media Release – 12/05/2022

Borealis and Reclay Group form new joint entity, Recelerate, to make plastic circularity a reality

Read more

Media Release – 06/04/2022

Borealis and Grabher partnership gives used FFP2 face masks another life

Read more

Media Release – 05/04/2022

Leading innovator Borealis again files record breaking number of international patent applications in 2021

Read more