“On behalf of the Board and the entire organization, I want to thank Ilham wholeheartedly for her impressive and transformative tenure of Solvay first, and Syensqo later. She has been a defining voice for our 2 companies and the whole industry. Ilham is credited with transforming a 160-year-old industrial group, turning Solvay’s returns to double digit levels. She revolutionised how we do business and her focus has always been on how to generate profitable growth while creating a strong purpose-built culture for our people. She will be remembered as the architect of the successful split, creating 2 publicly-listed companies with strong balance sheets and healthy credit profiles. With Syensqo, she created a world-class specialty business. Her vision, disciplined approach to capital allocation and relentless energy will leave an indelible legacy on our people, customers and shareholders. We wish her all the best in her next chapter,” says Rosemary Thorne, chair of Syensqo’s board of directors.
“It has been the highlight of my career to serve as CEO of Solvay and now Syensqo. I would like to thank our incredible employees who have been by my side in this bold transformation, and I express gratitude to our shareholders for their support over the past 6 years and during the separation of Syensqo from Solvay,” adds Dr. Ilham Kadri.
Mike Radossich has a successful track record in transforming complex businesses and delivering growth and operational efficiency at global scale. He has worked at Syensqo and its predecessor companies for more than 30 years. As the current President of Syensqo’s Performance & Care and Other Solutions segments, he is responsible for overseeing 4 global business units which generated €2.8 billion in net sales in 2024. At Solvay Group, he helped the Novecare Business Unit deliver strong financial results and achieve sustainable and profitable growth. He had joined the Group in the context of Solvay’s acquisition of Cytec Industries in 2015.
“I’m deeply happy that Mike will lead the next chapter of Syensqo. Having worked closely with him over the last 6 years, giving him increasingly more responsibilities, I know he is an exceptional leader with the energy and results-oriented approach needed to advance Syensqo’s goals, through the next chapter of our journey,” comments Dr. Ilham Kadri.
“Mike combines extensive chemical industry experience with a deep knowledge of our business. His appointment is the result of a rigorous selection process within a carefully designed succession plan, and the Board is confident that Mike is the right leader to guide our next phase of growth and deliver sustainable value for all Syensqo stakeholders,” concludes Rosemary Thorne.
Mike Radossich, new Syensqo CEO (source: Syensqo)
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