HOUSTON (CNI)--Rohm and Haas (R&H) president and chief operating officer J Michael Fitzpatrick will retire in January, the company announced recently.
He also will resign as a director. Fitzpatrick, 57, joined R&H after completing post doctoral studies at Harvard University in 1975 and was named to his current position in 1999. The company has not announced a successor.
Raj Gupta, R&H chairman and chief executive, said: “Mike has been an extremely important partner in the six years we have teamed-up to complete the transformation of Rohm and Haas following the acquisitions of Morton International, Lea Ronal and Rodel.”
Fitzpatrick noted that in the last five years R&H has completed more than 40 external portfolio transactions and replaced hundreds of legacy computer systems with an enterprise-wide information technology platform.
R&H is a Philadelphia, Pennsylvania-based specialty chemicals and materials company which makes products for the personal care, grocery, home and construction markets, as well as the electronics industry. The company expects sales to exceed $7bn (Euro5.3bn) in 2004.