The board of directors of Ciba Specialty Chemicals has dissolved the double mandate as of Jan. 1, allowing Armin Meyer to focus on his role as chairman of the board, and Brendan Cummins to become CEO.
“The board of directors of Ciba Specialty Chemicals has decided to dissolve the double mandate as of Jan. 1, 2008, following the successful implementation of the strategic transformation of the company,” said Armin Meyer, chairman of the board and CEO. “Brendan Cummins, chief operating officer since October 2005, is appointed as the new CEO. I will focus on my role as chairman of the board.”
Kurt Feller, vice-chairman of the board of directors, retired from the board following the annual general meeting on March 8, 2007.
At the AGM, the board of directors proposed the election of Dr. Utz-Hellmuth Felcht as a non-executive director to the board. Dr. Felcht is an independent busines
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