Platform names Sigma-Aldrich chief as CEO

Platform names Sigma-Aldrich chief as CEO

8:00 AM, 17th December 2015
Platform names Sigma-Aldrich chief as CEO
Rakesh Sachdev appointed as CEO of Platform Specialty Products Corporation, effective 5 January. (File photo)

WEST PALM BEACH, US: Platform Specialty Products Corporation said that it has appointed Rakesh Sachdev as its new CEO, effective 5 January, as current CEO and director of the board, Daniel Leever has retired with immediate effect.

Sachdev joins Platform with more than 28 years of management experience at leading public companies having most recently served as president and CEO of Sigma-Aldrich since 2010 through its recent acquisition by Merck KgaA.

“Rakesh’s deep leadership, strategy and execution experience are precisely the strengths Platform was looking for in its next chief executive. We are highly confident in Rakesh’s ability to lead Platform as it continues towards its goal of becoming a best-in-class global, diversified specialty chemicals company,” said Martin Franklin, chairman, Platform.

“There are immense opportunities ahead, both in the short term with the integrations of the recently completed acquisitions, and in the long term to build and broaden Platform’s businesses. We have some work in front of us to fully realize the value potential of the company, but I believe we are building the right team in place to succeed,” said Sachdev.

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