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Mexicana Orbia Appoints New CEO

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MEXICO CITY, Jan 20- The Mexican petrochemical company Orbia appointed Sameer Bharadwaj as its new CEO, replacing Daniel Martínez-Valle, who resigned to undertake other projects after three years in that role.

Orbia, previously called Mexichem, reported that Martínez-Valle’s resignation will take effect from February 1 and occurred by mutual agreement with the company’s Board of Directors, according to a statement sent to the local stock exchange on Tuesday night.

“Mr. Martínez-Valle and his successor, Mr. Bharadwaj will work in a coordinated manner during the rest of January to ensure an orderly and effective transition process,” added the petrochemical company.


The 50-year-old Bharadwaj joined Orbia in 2016 and was president of the Fluor and Vinyl division, the company said, which confirmed in early January that it was exploring options to make a sale or strategic alliance of one of its subsidiaries. .

Ben Oakley
Ben Oakley is the guy you can really trust when it comes to Mainstream News. Whether it is something happening at the Wall Street of New York City or inside the White House in Washington, D.C., no one can cover mainstream news like Ben. Get a daily dose of Trustworthy News by Ben Oakley, only at Globe Live Media.