Clariant chairman Kottmann to exit, bowing to SABIC pressure By Reuters
ZURICH (Reuters) - Clariant Chairman Hariolf Kottmann said he would not stand for re-election to the group's board of directors at the annual general meeting in April, bowing to pressure from biggest shareholder Saudi Basic Industries Corporation (SABIC). The Swiss chemicals maker will instead propose to elect Guenter von Au as new chairman of the board and will also propose an ordinary...
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