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It is reported that in this adjustment, Ciba has added the post of chief operating officer and will formally take office on October 1 this year. At that time, the executive body of Ciba's refinement will be split into two. The division of work will be divided between the chairman committee and the operating executive committee. The former will mainly formulate the company's strategic development plan, while the latter will focus on the operation and management. The chairman's committee will consist of the chief executive officer, chief operating officer, chief financial officer, and chief technology officer. The Operations Executive Committee consists of the chief operating officer, chief financial officer, and the company’s four business unit leaders.
A strategic study by Ciba Specialty Chemicals on the textile chemicals business shows that the global textile market will provide many development opportunities for the chemicals business, but the competition in this area is also becoming more and more fierce. In order to reduce the cost and increase the profitability, thus improving the market competitiveness of the product, Ciba's refinement also needs to take more actions. It is reported that Ciba’s addition of the chief operating officer will be Brendan Cummins, 54, now responsible for the Ciba Specialty Plastics Additives business.
Trends of foreign companies: Ciba regulators strengthen textile chemicals business
According to foreign reports, with the shift in the focus of the global textile market, Ciba refines more and more Asian customers. In order to consolidate its position in the textile chemicals business, Ciba's refinement will adjust its organizational structure.