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WALTER BIERI
Under Sabic’s proposal, a 12-year term should be introduced for members of the Board of Directors, including the president, Clariant said Monday.
This rule is clearly addressed to the Chairman of the Board of Directors, Hariolf Kottmann. He has been the only member of the supervisory board of the Muttenz chemical company since 2008. Various media had reported in recent weeks that the relationship between Kottmann and Sabic was “definitely broken”.
“Mr. Clariant” took over the chairmanship of the board of directors two years ago, having led the company as CEO for ten years. Since July 2019, Kottmann has been wearing his CEO hat on an interim basis in parallel to his meeting. directive.
In early 2021, Dutchman Conrad Keijzer will replace him as CEO. Kottmann’s plans were that from that moment on he would be “sole” Chairman of the Board of Directors.
As Clariant also announced, according to Sabic’s motion, shareholders should decide on April 7, 2021 on the distribution of a special dividend of up to CHF 2 per share.
Clariant had already thought a lot about its shareholders last year. Last July 3 francs per share were paid as a special distribution. The money for this came from the complete sale of Masterbachtes (plastic granules) and the planned sale of the pigment business.
However, shareholders had to forego the regular dividend of CHF 0.55 per share last spring. In view of the crisis in the crown, Clariant would prefer to maintain liquidity in the company.
Clariant’s board of directors has not yet ruled on the motions of the main shareholder Sabic. This will be done in the run-up to the general assembly, the company said.
