Ashland announces strategy, mergers and acquisitions, and portfolio management leader
AshlandAshland(US:ASH) Newsfilter·2024-06-24 11:00

Company Announcement - Ashland Inc. announced the appointment of Omar Irani as vice president of strategy, mergers and acquisitions, and portfolio management, effective July 22, 2024 [1] - Irani will report directly to Guillermo Novo, the chair and CEO of Ashland [1] Leadership Experience - Irani brings extensive experience in strategy, profit improvement, and commercial excellence, including organization design, product management, demand management, and customer service [1] - He has a strong background in regulatory negotiations, lobbying, and crisis management [1] - Prior to joining Ashland, Irani held leadership roles at SI Group, National Refrigerants, Honeywell, and ILC Dover, focusing on rubber additives, life sciences, and industrial chemicals [1] Educational Background - Irani holds a Master of Business Administration in Finance and a Bachelor of Arts in Biological Sciences from Rutgers University [2] Company Overview - Ashland Inc. is a global additives and specialty ingredients company with a focus on environmental, social, and governance (ESG) initiatives [3] - The company serves a diverse range of markets, including architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceuticals [3] - Ashland employs approximately 3,800 professionals, including scientists, research chemists, engineers, and plant operators, who work on innovative solutions for customers in over 100 countries [3]