Huntsman Appoints Ferrari to its Board
|Huntsman Appoints Daniele Ferrari to its Board of Directors|
THE WOODLANDS, Texas, March 12, 2018 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) today announced the appointment of Daniele Ferrari as a new independent director to its Board of Directors effective March 7, 2018. The Huntsman Board now comprises eight directors, seven of whom are independent directors.
Daniele Ferrari serves as Chief Executive Officer of Versalis S.p.A., a chemical manufacturer, and as Chairman of Matrìca S.p.A., a joint-venture with Novamont focusing on renewable chemistry, positions he has held since March 2011. He is a former employee of Huntsman Corporation and has over 30 years of experience in the chemical industry. He worked for the Company in various levels of increasing responsibility from 1997 to 2011, where he ultimately served as President of its Performance Products division. Prior to joining Huntsman in 1997, Mr. Ferrari worked for Imperial Chemical Industries (ICI) and Agip Petroli (Eni group).
Mr. Ferrari is President of PlasticsEurope, an association of plastics manufacturers, and a board member of Conseil Européen de l’Industrie Chimique (CEFIC). He also serves as a director, Chair of the Compensation Committee and a member of the Audit Committee of Venator Materials PLC, which separated from Huntsman in 2017.
Commenting on the Board appointment, Peter Huntsman, Chairman, President and CEO said, “I hold Daniele in high regard, as does the chemical industry. His 14 years of prior experience working within Huntsman combined with his 30 years in the industry will bring invaluable experience to our Board of Directors. I look forward to his counsel on the Board.”