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Ashland announces strategy, mergers and acquisitions, and portfolio management leader

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Ashland (NYSE: ASH) announced on June 24, 2024, that Omar Irani will join the company as Vice President of Strategy, Mergers and Acquisitions, and Portfolio Management starting July 22, 2024. Reporting directly to CEO Guillermo Novo, Irani brings extensive experience in strategy, profit improvement, and commercial excellence. His background includes leadership roles at SI Group, National Refrigerants, Honeywell, and ILC Dover, with a focus on rubber additives, life sciences, and industrial chemicals markets. Irani has a strong academic foundation with an MBA in Finance and a BA in Biological Sciences from Rutgers University.

Positive
  • Appointment of experienced leader, Omar Irani, as Vice President of Strategy, Mergers and Acquisitions, and Portfolio Management.
  • Irani's extensive background in strategy, profit improvement, and commercial excellence can potentially drive growth.
Negative
  • None.

WILMINGTON, Del., June 24, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) announced today that Omar Irani will join the company as vice president strategy, mergers and acquisitions, and portfolio management, effective July 22, 2024. Irani will report to Guillermo Novo, chair and chief executive officer, Ashland.

Irani is an experienced business leader with a strong track record in strategy, profit improvement, and commercial excellence including organization design and product management, demand management and customer service. He has robust experience in regulatory negotiations, lobbying and crisis management.

Previously he held leadership positions with the SI Group, National Refrigerants, Honeywell and ILC Dover in the rubber additives, life sciences and industrial chemicals markets.

Irani holds a Master of Business Administration in Finance and a Bachelor of Arts in Biological Sciences, both from Rutgers University.

FOR FURTHER INFORMATION:

About Ashland 
Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for environment, social and governance (ESG). The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. Approximately 3,800 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com and ashland.com/ESG to learn more.

™ Trademark, Ashland or its subsidiaries, registered in various countries.

FOR FURTHER INFORMATION:

Investor Relations:Media Relations:
William WhitakerCarolmarie C. Brown
+1 (614) 790-2095+1 (302) 995-3158
wcwhitaker@ashland.comccbrown@ashland.com

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FAQ

When did Ashland announce the appointment of Omar Irani?

Ashland announced the appointment of Omar Irani on June 24, 2024.

What position will Omar Irani assume at Ashland?

Omar Irani will assume the position of Vice President of Strategy, Mergers and Acquisitions, and Portfolio Management at Ashland.

When will Omar Irani start his position at Ashland?

Omar Irani will start his position at Ashland on July 22, 2024.

Who will Omar Irani report to at Ashland?

Omar Irani will report to Guillermo Novo, Ashland's CEO.

What is Omar Irani's educational background?

Omar Irani holds an MBA in Finance and a BA in Biological Sciences from Rutgers University.

Which markets does Omar Irani have experience in?

Omar Irani has experience in the rubber additives, life sciences, and industrial chemicals markets.

Ashland Inc.

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Specialty Chemicals
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