Jennifer Midura has been appointed as AkzoNobel new Director of Corporate Strategy and Mergers & Acquisitions. She officially took over her new responsibilities on Monday, March 2.
Having joined the company following the acquisition of ICI, Jennifer played a major role in helping the Board of Management set the strategic agenda which the company announced last September.
Jennifer was previously in charge of corporate strategy at ICI for six years and prior to that she worked for McKinsey in London, UK, and Cleveland in the US.
She succeeds Derek Welch, who joined AkzoNobel in 1998 and recently reached retirement age. Derek was instrumental in negotiating deals worth more than €27 billion during 2007 and he will continue to take the lead in key deals following Jennifer’s appointment.
The company will therefore continue to benefit from his extensive expertise and experience, while also enabling him to work part-time prior to officially retiring at a future date.