ICIS Top 40 Power Players 2016 chemical executive ranking revealed

19 December 2016

NEW YORK, LONDON, December 19, 2016 /PRNewswire/ -- The ICIS Top 40 Power Players, a global ranking of the leading senior executives making the greatest positive impact on their companies and the industry through investments, shifts in business models, mergers and acquisitions, and innovation, has been published by ICIS Chemical Business magazine.

This year’s ICIS Top 40 Power Players is sponsored by executive recruitment and talent management firm Korn Ferry.

"Transformation is the key theme for senior executives in the fast-changing chemical sector. Leaders must adapt quickly, defining a vision and positioning their companies’ portfolio and culture for success", said Joseph Chang, global editor of ICIS Chemical Business.

Taking the top spot in 2016 is Matthias Zachert, chairman of Germany-based LANXESS, followed by INEOS chairman Jim Ratcliffe at #2, and Dow chairman and CEO Andrew Liveris taking the #3 slot.

“2016 was both a very intense and very successful year for LANXESS. We made great progress at a fast pace in transforming our company. LANXESS is on its way to become a much more profitable and resilient company than it was in the past with a clear focus on specialty chemicals,” said Zachert.

“These achievements should certainly be attributed to the entire LANXESS team around the world who has done tremendous work to bring our company back on track. It is therefore a great pleasure to receive this award in the name of the entire organization,” he added.

“When Zachert took over as leader of LANXESS in April 2014 he inherited a company which was underperforming financially, having expanded capacities too ambitiously at a time of emerging global overcapacity and price pressure in synthetic rubber. He quickly developed and executed a clear strategy to steer the company away from this core product area to expand in other, less cyclical, specialty chemicals businesses,” said Will Beacham, deputy editor of ICIS Chemical Business.

The ICIS Top 40 Power Players ranking is based on selections from the global ICIS senior editorial staff.

Download the ICIS Top 40 Power Players at http://www.icis.com/about/icistop40 (registration required).

For media inquiries, contact:-

Joseph Chang
Global Editor
ICIS Chemical Business
T: 212-791-4224

John Hill
Global Sales Manager - Content Marketing and Advertising
ICIS Chemical Business
T: +44(0)20-8652-3893

Alex Martin
Global Sector Leader, Chemicals and Materials
T: +1-202-955-0906

About ICIS Chemical Business

ICIS Chemical Business is the global weekly publication keeping you up-to-date on chemical prices with market news and analysis of both short term and long term drivers. Get your weekly global summary of these markets by subscribing at http://www.icis.com/about/icis-chemical-business-magazine.


About ICIS 

ICIS Chemical Business is part of ICIS. ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts. With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Barcelona, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is a division of Reed Business Information, part of RELX Group.

About Reed Business Information

Reed Business InformationReed Business Information provides information and online data services to business professionals worldwide. Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day. RBI is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.

RELX Group About RELX Group

RELX Group plc is a world-leading provider of information solutions for professional customers across industries.

We help scientists make new discoveries, lawyers win cases, doctors save lives, and executives forge commercial relationships with their clients. We help insurance groups offer customers lower prices by assessing risk better, and save taxpayers and consumers money by enabling governments and financial groups to detect fraud.

About Korn Ferry

Korn Ferry’s purpose is to help leaders, organizations and societies succeed by releasing the full power and potential of their people. The individuals on this year’s Top 40 Power Players list exemplify this spirit through the mark they’ve made within their organizations, and on the industry as a whole. Korn Ferry helps the world’s best known chemical companies solve their biggest people and organizational challenges through our three divisions – Executive Search, Hay Group, and Futurestep. As the industry faces geographical shifts in capital spending and impending retirements in mature markets, it’s important to ensure your company has the right people in place to navigate through change and drive growth. We offer a full range of solutions designed to meet your talent and leadership needs – from strategic search, customized leadership development programs, and succession planning to RPO, rewards consulting, and strategic workforce planning. www.kornferry.com

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