MOSCOW (MRC) -- Aleta Richards will succeed Christine Bryant as head of commercial operations for Covestro LLC's North American Coatings, Adhesives and Specialties (CAS) business, effective from 1 February 2018, as per GV.
Richards’ appointment follows a recent communication in which Bryant was named the new head of Polyurethanes in North America, effective from the same date. In her new role, Richards will join the Covestro North American Leadership Team.
Having started her career at Covestro (then part of Bayer) in 1990, Richards is well acquainted with the organisation and brings to the role more than 20 years’ experience in marketing, sales, human resources and general management. She has held various leadership positions throughout the company, including time spent in the North American CAS group, where she led global key account sales and strategic marketing for four years. Richards also served as head of the Bayer US HR organization, which provided HR administrative services for roughly 14,000 Bayer employees. Currently, Richards serves as head of regional product management for the North American Polycarbonates business.
As MRC reported earlier, on 1 September, 2015, Bayer MaterialScience became known as Covestro. The plans for the carve-out of Bayer MaterialScience were announced in September 2014.
An in mid-September 2017, Bayer further reduced its holding in Covestro to 31.5% from 40.9% by selling 19 million shares in the plastics business for a total of EUR1.2 billion (USD1.4 billion).
Covestro (formerly Bayer MaterialScience) is an independent subgroup within Bayer. It was created as part of the restructuring of Bayer AG from the former business group Bayer Polymers, with certain of its activities being spun off to Lanxess AG. Covestro manufactures and develops materials such as coatings, adhesives and sealants, polycarbonates (CDs, DVDs), polyurethanes (automotive seating, insulation for refrigerating appliances) etc.
MRC