In a move said to be designed to further streamline its organisational structure, South Korean polymer stabiliser manufacturer Songwon has announced the departure of Philippe Schlaepfer, Leader Division Performance Chemicals and Songwon’s Chief Sustainability Officer.
Songwon said that the change in the leadership team was part of the company’s decision to return to its traditionally lean structure in an effort to boost its agility. According to Songwon, the new setup will allow decisions to be taken faster and various processes will be simplified.
The company thanked Schlaepfer for his hard work and dedication during his years of service. His position will not be refilled and his responsibilities have been divided amongst the other team members in the Group.