Commentary: The ICIS Kavaler Award

22 March 2013 09:21  [Source: ICB]

It is our pleasure to introduce the ICIS Kavaler Award, sponsored by The Chemists' Club. This new award will recognise one CEO or senior executive for outstanding achievement and excellence each year.

 ICIS Kavlaer award

The winner will be selected from the ICIS Top 40

The key distinguishing feature of this unique award is that the winner is selected by his/her peers - the executives selected in the previous ICIS Top 40 Power Players listing, a global rundown of the people making the greatest impact on the chemical industry.

We know of no other award in the chemical industry given on the basis of a senior executive peer vote.

We will invite each of the ICIS Top 40 Power Players for 2012 to vote for three individuals in the ballot, based on newsworthy achievement in one or more of the following categories:

  • Profitability/shareholder value
  • Mergers and acquisitions (deals or integration)
  • Projects/capital investment
  • Innovation - technology, product, business process with an impact on industry and society.

The ballot will be strictly confidential, sent not to ICIS or The Chemists' Club, but to an independent New York law firm, which will record the votes and pass the results along to the ICIS/Chemists' Club committee overseeing the event.

We will send out the letters and ballots in early April, and the deadline for the ballot entry will be 1 May 2013. We plan to present the ICIS Kavaler Award, sponsored by The Chemists' Club, to the winner at a black tie dinner in New York City in late October or early November, on a date to be announced.

The award is a revival of the Kavaler Award, which was presented by Chemical Market Reporter to leading chemical CEOs from 1990 to 1999, including Jon Huntsman Sr, founder, chairman and CEO of Huntsman, and Frank Popoff, chairman and CEO of Dow Chemical.

Arthur Kavaler, who served for 46 years as reporter, editor and eventually publisher and editor-in-chief of Chemical Market Reporter - one of the three publications incorporated into ICIS Chemical Business - passed away at the age of 91 on 18 January 2012.

Kavaler, a probing reporter and an editor with unwavering conviction, had a major impact on chemical industry journalism.

To the ICIS Top 40 Power Players, we greatly appreciate your participation in the selection process for this unique and important new award. One drawback - you cannot vote for yourself. Thank you!

By: Joseph Chang
+1 713 525 2653

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