Diversey has announced a transition of executive responsibilities, as Dr. Ilham Kadri will be resigning her position as the company’s CEO effective 31 December 2018, to take on another executive role.
Effective immediately, Diversey’s Chief Financial Officer Carlos Sagasta and Global President of the Professional Division, Gaetano Redaelli, will become joint deputy CEOs. In addition to their current roles, they will be responsible for running the company on a day-to-day basis until a successor is identified.
Dr. Kadri will be concentrating on strategic areas needed to ensure a smooth transition. She commented: “Since becoming a standalone company in September 2017, I’m proud that Diversey has emerged as a strong, profitable, sustainable company. Our efforts to transform and digitize the hygiene and cleaning market have resulted in double-digit bottom line growth since 2013 and a record double-digit topline growth this year.
“I am honored to have had the opportunity to lead this impressive team who has worked hard to help our company evolve and reach our potential. I’m confident they will continue to drive solid growth and value for our customers and partners.”
Ken Hanau, a Managing Director at Bain Capital Private Equity and a member of the Board of Directors, said: “We are excited about everything Ilham and the strong team have accomplished over the course of the past year in establishing Diversey as a standalone business and in showing strong momentum with record growth including significant wins in US food service.
“We wish Ilham much success in her new role, and we look forward to her continued involvement with Diversey as a significant investor. We are well-positioned for the future and are investing to drive growth and deliver value to our customers.”
