Leadership Transition at Huntsman Corporation Announced
Huntsman Corporation Announces Leadership Changes
Huntsman Corporation has made significant changes to its leadership as part of its ongoing evolution and strategic growth. This notable transition comes with the retirement of a long-standing executive, Tony Hankins, and the promotion of Steen Weien Hansen to the role of Division President of Huntsman Polyurethanes.
Retirement of Tony Hankins
Tony Hankins has decided to retire at the end of this calendar year after a distinguished career with Huntsman and its predecessor company. With a career that began in 1980, Hankins has been a key figure in the company's development and growth, particularly in international markets. His leadership and contributions over these decades have left a lasting impact on the organization.
In his own words, Peter R. Huntsman, President and CEO of Huntsman Corporation, reflected on Hankins' invaluable contributions, praising his leadership and mentorship of future leaders within the organization. Tony will remain with the company to assist during the transition, ensuring that his successor is well-prepared to take on the pivotal role within the company.
Steen Weien Hansen's Ascension
Steen Weien Hansen, who joined Huntsman as part of the acquisition of the polyurethanes business, has a rich history of leadership within the company. His extensive background includes roles focused on the European and Asia Pacific markets, showcasing his diverse expertise within the chemical industry.
As the new Division President, Hansen brings over 20 years of experience and a proven track record in strategy execution. His recent focus on the U.S. market and dealing with operational challenges positions him well for this new chapter in his career.
Strategic Importance of the Transition
The transition in leadership is designed to enhance Huntsman’s strategic execution and operational performance globally. With Hansen's experience in developing markets, the company aims to leverage his insights to better meet customer needs and operational efficiencies.
The Future of Huntsman Polyurethanes
Huntsman Corporation, a significant player in the chemical sector, continues to expand its reach with innovative solutions and a commitment to sustainability. The appointment of Hansen is anticipated to lead to new opportunities within the Polyurethanes division while driving continued growth and expansion.
About Huntsman Corporation
As a leading global manufacturer and marketer of differentiated and specialty chemicals, Huntsman Corporation operates across diverse sectors. With annual revenues nearing $6 billion, the company's products are designed to serve a multitude of industrial and consumer markets. Huntsman's operations span more than 60 facilities in approximately 25 countries, employing around 6,300 associates globally. This extensive network allows Huntsman to meet the evolving demands of its customers effectively.
Frequently Asked Questions
What prompted the leadership changes at Huntsman?
Tony Hankins' retirement has opened the opportunity for Steen Weien Hansen to step into the role of Division President of Huntsman Polyurethanes.
Who is Steen Weien Hansen?
Steen Weien Hansen has been with Huntsman since its acquisition of the polyurethanes division of Imperial Chemical Industries and has held various leadership roles within the company.
What will Tony Hankins do after his retirement?
Hankins will assist in the transition and continue to advise senior management until the end of the year.
How has Huntsman shown commitment to innovation?
Huntsman continues to develop chemicals that cater to diverse industry needs, maintaining a focus on sustainability and efficiency.
What is Huntsman Corporation's revenue?
The company reports annual revenues of approximately $6 billion, showcasing its significant footprint in the chemical industry.
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