| Taminco Board of Directors appoints Laurent Lenoir to succeed Pol Vanderhaeghen as CEO in Jan 2010 |
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Monday, 30 November 2009 - Press Release Taminco - The Amine Company - the highly focused and global producer of alkylamines and their derivatives, announces an important and well-prepared transition of its leadership. Pol Vanderhaeghen will retire as CEO of Taminco on January 1st, 2010. Pol Vanderhaeghen has been the Chairman of the Executive Committee since the foundation of Taminco in 2003. Prior to that he worked for almost 30 years at UCB, the former parent company of Taminco, where he held several senior management positions. Under his vision and leadership Taminco has realized a successful and remarkable growth strategy and is well prepared to build a sustainable future. Pol Vanderhaeghen will continue as director and future Chairman of the Board, and in this new role remains fully committed to the future strategy and success of Taminco. The Board of Directors has appointed Laurent Lenoir, currently Vice-President of the Business Unit Methylamines & Derivatives and member of Taminco’s Executive Committee, to succeed Pol Vanderhaeghen as Chief Executive Officer on January 1st, 2010. Laurent Lenoir (43) holds a Master degree in Agronomy (Engineering) and has almost 20 years of industry experience. He held several management positions at UCB, first in the Agrosciences Division successively as Technical & Sales Representative for France, Global Technical & Regulatory Manager and later as Sales & Marketing Manager Europe. He also held regional management positions for Taminco in Malaysia and China, developing the Methylamines & Derivatives business in Asia. “We have worked very hard to ensure that Taminco has a strong portfolio of sustainable businesses”, Pol Vanderhaeghen commented. “The Board of Directors and I developed a succession plan that will position Taminco and its businesses with capable people and consistent leadership for many years to come. As we begin this transition period with Laurent as our next CEO, I would like everyone to embrace this change as an opportunity for an even brighter future for Taminco. Laurent brings a wealth of experience. He has been instrumental in successfully building our strong global market position in Methylamines and Derivatives and preparing a platform for future growth in Asia.” Laurent Lenoir added: “Taminco is a solid company. With our new 5-year business plan and two-divisional structure we have a bright target ahead of us with plenty of exciting opportunities. I am confident that through constant focus, agility and teamwork, we will reach our goals. Together with the whole team, we will make sure that, in his new role, Pol will take great pride in Taminco’s future! ” -END PRESS RELEASE- The Taminco Group – The Amine Company, is one of the world’s leading producers of alkylamines and their derivatives. Since Taminco was founded in 2003, the company has broadened its portfolio with products that have a strong niche position in the chemicals market. The company’s amines and derivatives product groups provide valuable building blocks for a variety of industries including agro sciences, feed additives, crop protection, water treatment, surfactants, oil and gas treatment, pesticides, pharma precursors, solvents, as well as various specialty chemicals. Taminco is headquartered in the Port of Ghent region. The company currently has seven production sites located throughout the globe: Belgium, Germany, USA, Brazil and China. Taminco is represented worldwide by a number of different offices counting in total approximately 780 employees.
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