Armand Ajdari Appointed Chief Technology Officer of Arkema

Rhea-AI Summary

Arkema announces the appointment of Armand Ajdari as its new Chief Technology Officer, effective January 1, 2022. Reporting to Chairman and CEO Thierry Le Hénaff, Ajdari will be integral to the company's focus on innovation and sustainable solutions. He brings over 30 years of R&D experience from Saint-Gobain, enhancing Arkema's ambition to become a leader in Specialty Materials by 2024. The company reported sales of approximately €8 billion in 2020 and aims to strengthen its position in the materials market.

Positive

• Appointment of Armand Ajdari as CTO, expected to drive innovation.
• Ajdari's extensive experience in R&D enhances Arkema's strategic direction.
• Focus on becoming a leader in Specialty Materials by 2024.

Negative

• None.

COLOMBES, France--(BUSINESS WIRE)-- Regulatory News:

Armand Ajdari (Photo: Arkema)

Arkema (Paris:AKE):

Effective from 1 January 2022, Armand Ajdari will be joining Arkema as the Group’s Chief Technology Officer. He will report to Thierry Le Hénaff, Chairman and CEO, and will be a member of the Group management committee.

The arrival of Armand Ajdari is fully aligned with the strategic direction of Arkema, which places innovation and the development of sustainable solutions at the heart of its strategy.

With more than 30 years dedicated to research and development in international environments, particularly within the Saint-Gobain group, Armand Ajdari will bring his passion of innovation, his scientific culture, his experience of technological and commercial relationships with key partners and his understanding of the planet’s megatrends.

After a PhD in Theoretical Physics at the Pierre et Marie Curie University in Paris, and an engineering diploma at the École Polytechnique (France), Armand Ajdari undertook various multidisciplinary research activities within the CNRS (Centre National de la Recherche Scientifique) for 15 years.

He then joined the Saint-Gobain group in 2007 where he held different positions, particularly as Senior Vice President R&D for the Innovative Materials sector.

Since 2017, he has been Executive Vice President R&D of the Saint-Gobain group.

Building on its unique set of expertise in materials science, Arkema offers a portfolio of first-class technologies to address ever-growing demand for new and sustainable materials. With the ambition to become in 2024 a pure player in Specialty Materials, the Group is structured into 3 complementary, resilient and highly innovative segments dedicated to Specialty Materials -Adhesive solutions, Advanced Materials, and Coating Solutions- accounting for some 82% of Group sales in 2020, and a well-positioned and competitive Intermediates segment. Arkema offers cutting-edge technological solutions to meet the challenges of, among other things, new energies, access to water, recycling, urbanization and mobility, and fosters a permanent dialogue with all its stakeholders. The Group reported sales of around €8 billion in 2020, and operates in some 55 countries with 20,600 employees worldwide.

Follow us on:
Twitter.com/Arkema_group
Linkedin.com/company/arkema

View source version on businesswire.com: https://www.businesswire.com/news/home/20211202005081/en/

Investor relations

Béatrice Zilm

+33 (0)1 49 00 75 58

beatrice.zilm@arkema.com

Peter Farren

+33 (0)1 49 00 73 12

peter.farren@arkema.com

Mathieu Briatta

+33 (0)1 49 00 72 07

mathieu.briatta@arkema.com

Caroline Chung

+33 (0)1 49 00 74 37

caroline.chung@arkema.com

Media

Gilles Galinier

+33 (0)1 49 00 70 07

gilles.galinier@arkema.com

Véronique Obrecht

+33 (0)1 49 00 88 41

veronique.obrecht@arkema.com

Source: Arkema

FAQ

Who is the new Chief Technology Officer of Arkema?

Armand Ajdari has been appointed as the new Chief Technology Officer of Arkema.

When will Armand Ajdari start his role at Arkema?

Armand Ajdari will assume his role on January 1, 2022.

What are Arkema's sales figures for 2020?

Arkema reported sales of approximately €8 billion in 2020.

What is Arkema's goal for 2024?

Arkema aims to become a pure player in Specialty Materials by 2024.

Who does Armand Ajdari report to at Arkema?

He will report to Thierry Le Hénaff, the Chairman and CEO of Arkema.