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Business
Lonza Announces New CEO
by Rick Mullin
April 9, 2012
| A version of this story appeared in
Volume 90, Issue 15
Richard Ridinger will become CEO of Lonza effective May 1. He replaces Stefan Borgas, who resigned late last year in the wake of poor financial results. Ridinger previously held leadership positions at Henkel and Cognis. “Richard Ridinger could be a person who grew up with Lonza,” says Lonza Chairman Rolf Soiron. “He is a chemical engineer who knows our industries, customers, and products.” Ridinger will inherit the Visp Challenge project, an overhaul of the firm’s main fine chemicals manufacturing site in Visp, Switzerland.
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