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Business

Hexion Names Its Leadership Team

March 10, 2008 | A version of this story appeared in Volume 86, Issue 10
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Morrison
Credit: Hexion
Huntsman
Credit: Huntsman Corp
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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Hexion Specialty Chemicals has named a new slate of executives to lead the firm upon the completion of its acquisition of Huntsman Corp. Peter R. Huntsman, currently president and CEO of Huntsman Corp., will become chairman of the board; Craig O. Morrison, president, chairman, and CEO of Hexion, will become president and CEO of the combined company; Donald J. Stanutz, president of Huntsman's performance products division, will become chief operating officer; and William H. Carter, executive vice president and chief financial officer of Hexion, will assume the same role in the combined company. After the merger, which the firms expect to complete in the second quarter, Hexion will have 21,000 employees and annual sales of more than $14 billion.

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