Ashland realigns leadership roles in two commercial units

16 Oct '13

4 min read

"We are fortunate to have two proven leaders with extensive global experience in both specialty chemicals and water markets," said O'Brien. "Each brings unique strengths and talents to his new role. Throughout his career, Luis has proven adept at driving profitable growth and execution across global business lines.

"He tackled a difficult assignment within Water, delivering markedly improved results in a very short period despite tough competition and uncertain economic conditions. John has keen business insights and a deep understanding of the specialty papermaking and industrial water industries. He knows the challenges and opportunities that lay ahead as we continue evaluating the possible sale of that commercial unit. We believe that moving Luis and John into these new roles will help maximize growth opportunities for Ashland by enabling each of them to capitalize on what they know best."

In late July, Ashland announced that it would evaluate strategic options for Water Technologies, including the possible sale of the commercial unit. The company is continuing that review process, with the assistance of Citi.

About Ashland Inc.

In more than 100 countries, the people of Ashland Inc. provide the specialty chemicals, technologies and insights to help customers create new and improved products for today and sustainable solutions for tomorrow. Our chemistry is at work every day in a wide variety of markets and applications, including architectural coatings, automotive, construction, energy, food and beverage, personal care, pharmaceutical, tissue and towel, and water treatment.

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