13 December 2010 11:48 [Source: ICIS news]
LONDON (ICIS)--ICIS Chemical Business magazine on Monday unveiled the ICIS Top 40 Power Players for 2010 - the most influential people in the global chemicals markets - with Dow Chemical chairman and CEO Andrew Liveris taking the number one spot.
“It’s not the revelling in success that makes a true leader - rather it is how they deal with adversity. One could not have asked for a better time to test their mettle than the financial and economic crisis of 2008-2009,” said Joseph Chang, Global Editor of ICIS Chemical Business.
“But through the dark days, a number of leaders took the steps necessary to make their companies more competitive and positioned for success,” he added.
Commenting on Liveris’s position at the head of the list, Chang said: “Call it the comeback of the age. Liveris has brought the world’s second-largest chemical company back from the brink of financial disaster in 2009 to a position of great strength in 2010.”
Liveris told ICIS: "For nearly the last two years, Dow has focused on flawlessly executing our acquisition of Rohm and Haas, as well as a host of other defining steps that have remade our company.
"In 2010, we outperformed on all fronts - strategically, operationally and financially - clearly demonstrating the power of our new portfolio. This honour is not just about one person, however. It goes to all our employees around the world who day-in and day-out rose above extreme adversity to transform Dow into an innovative, earnings growth company."
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