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Draft:Mark Garrett (businessperson)

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Mark Garrett (born May 11, 1962) is a seasoned chairman and former CEO who has more than 30 years of managerial experience in the chemical industry. A dual Swiss and Australian citizen, he served as CEO of Borealis AG from 2007-2018[1][2] and as CEO of Archroma from 2023-2024.[3][4]

Early life and education

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Garrett was born in Melbourne, Australia on May 11, 1962. He attended the University of Melbourne, graduating in 1985 with a Bachelor of Arts degree in Economics. He earned first-class honours in social economics, in tax economics, and in Asian economic development. He then enrolled at Royal Melbourne Institute of Technology (now RMIT University), where in 1989 he earned a Graduate Diploma in Applied Information Systems (graduating with High Distinction) as a qualified systems engineer/analyst. He went on to earn certificates in the German language from the Goethe-Institut.

Career

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Garrett began his career by working for 14 years for Swiss chemicals giant Novartis#Ciba-Geigy, which merged with Sandoz in 1996 to form Novartis. In March 1986 he started as a market analyst for the Dyestuffs & Chemicals Division of Ciba-Geigy Australia Ltd. In a stint that lasted till June 1989 he also served as Divisional Controller for the same unit.

He relocated to Switzerland in June 1989 and in July 1989 assumed the position of Group Company Control/Special Projects for Ciba-Geigy AG/Ciba Specialty Chemicals. The firm in September 1991 named him Marketing Center Manager/Business Development Manager, Pulp and Paper Enzymes for the same group, a post he held until January 1995.

Ciba-Geigy then promoted Garrett to Global Head of Business Unit (BU) Paper. After 19 months in that role, Ciba-Geigy appointed him Global Head of Business Segment Whiteners.

Garrett continued to rise through the ranks, being named Global Head of BU Textile Chemicals. There he led the successful triple integration of three businesses into one Business Unit, resulting in a business with an 18% ROIC.

He stepped away, briefly, from Ciba-Geigy in June 2000 to become Global Business Director of the Tyvek Non-Woven Business Unit for DuPont. However, he left that post 10 months later for family reasons and returned to Europe to rejoin Ciba Specialty Chemicals Switzerland as its Global Segment Head for Water & Paper Treatment.

In April 2007 Mark Garrett was named Chief Executive Officer of Borealis AG.[5] He held that post for more than 11 years before stepping away in June 2018[6][7] to become CEO[8] of Marquard & Bahls.

Garrett in May 2023 joined his current company, Pratteln, Switzerland-based Archroma Management GmbH, as CEO,[9] a position he held until October 2024, when Rajiv Sharma assumed the role of Archroma CEO as Garrett transitioned to the Archroma Board of Directors.[10]

Awards and memberships

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The Republic of Austria honored Garrett in 2018 for his services to the country with its Decoration of Honour for Services to the Republic of Austria

He also is a member of the board of both Umicore[11] and Orica.[12] In the past, Garrett has served as a former board member of Nova Chemicals,[13] and as former Chairman of the Board of both OMV,[14][15] and Axalta.[16][17]

Personal life

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Garrett is married; the couple has three sons.

References

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  1. ^ "Borealis: New CEO". Kunststoffe: Nachrichten, Stellenmarkt, Produkte für die Kunststoffindustrie | Kunststoffe.de.
  2. ^ Mark Garrett leaves Borealis - Borealis Supervisory Board announces the appointment of Alfred Stern as new CEO (chemeurope.com). 9 April 2018
  3. ^ "Home | Chemical Week". chemweek.com.
  4. ^ "Leadership and organisational changes at Archroma". www.knittingindustry.com.
  5. ^ "Borealis appoints CEO designate - Canadian PlasticsCanadian Plastics". www.canplastics.com. January 21, 2007.
  6. ^ "Alfred Stern will take over from Mark Garret at the helm of Borealis". MACPLAS. April 11, 2018.
  7. ^ "Borealis Appoints Alfred Stern as New CEO". PROCESS Worldwide. April 8, 2018.
  8. ^ "Mark Garrett - Independent Member at Umicore". THE ORG.
  9. ^ Ball, Daniel (April 19, 2023). "Coatings and chemicals producer Archroma begins search for new CEO". Interplas Insights.
  10. ^ News-Desk, Apparel Resources (October 1, 2024). "Archroma announces Rajiv Sharma as new CEO | Sustainability News India". Apparel Resources.
  11. ^ Umicore Supervisory Board | Umicore. Retrieved on 20 September 2024
  12. ^ "Orica Announces the Appointment of Mark Garrett as Independent, Non-Executive Director, to the Board - MarketScreener". www.marketscreener.com. December 13, 2022.
  13. ^ "NOVA Chemicals Announces New Board of Directors". www.chemeurope.com.
  14. ^ "Mark Garrett to resign as OMV Supervisory Board Chairman at 2023 Annual General Meeting". www.omv.com.
  15. ^ "Gulf Oil and Gas: Global B2B marketplace for Oil & Gas and Unconventional Resources". www.gulfoilandgas.com.
  16. ^ Axalta Coating Systems appoints Mark Garrett new chairman - Automotive Technology Insight | Forecasts | Industry News | Supply Chain (ihsmarkit.com). 25 June 2019
  17. ^ "Mark Garrett steps down: Axalta announces board changes - News and insights for the European coatings industry".