The Supervisory Board of Borealis has announced that Lucrèce Foufopoulos-De Ridder, Borealis’ executive vice president responsible for polyolefins, circular economy solutions and innovation & technology, will step down from her position effective December 31, 2023. The board said it accepted the executive vice president’s decision, who will ‘pursue other career opportunities’.
Foufopoulos-DeRidder, who is also the vice president of Plastics Europe, joined Borealis in 2019. In the past four years, she ‘brought strong focus on circularity and innovation’, Borealis said in a statement.
Before Borealis, Foufopoulos-DeRidder gained more than 20 years of professional experience in the speciality chemical and petrochemical industry, serving leading industrial multinationals, including Dow Corning, Dow Chemical, Rohm and Haas and Tyco. She was also vice president & general manager of Eastman Chemical from 2015 to 2018.
Borealis announced another change of leadership earlier this year, with Daniel Turnheim taking over as Chief Financial Officer (CFO).