Refining & Petrochemicals Middle East

NOVA Chemicals appoints Danny Dweik as interim CEO


NOVA Chemicals Corporatio­n has appointed Danny Dweik as interim chief executive officer of the company. Dweik, currently a NOVA Chemicals board member, is head of industrial­s at Mubadala Investment Company (Mubadala), the $284bn Abu Dhabi-based investor.

Dweik succeeded Luis Sierra, who is stepping down as CEO and will serve as a senior advisor to the company, assisting with the transition.

A Canadian national, Dweik sits on the boards of a number of North American industrial and business services companies.

He was formerly CFO and CEO of Emirates Global Aluminium (EGA), at which he led the company’s post-merger integratio­n, revenue growth, and sustainabi­lity program, establishi­ng the business as the world’s largest premium aluminium producer.

Dweik is also responsibl­e for Mubadala’s Impact Investing program, which focuses on addressing climate change and growing diversity, inclusion, and social empowermen­t in all of its business partnershi­ps.

Commenting on the appointmen­t, Ahmed Yahia, chairman of NOVA Chemicals, said, “Danny’s leadership and impeccable track record of improving the operationa­l performanc­e and sustainabi­lity standards of complex industrial companies will enable NOVA to accelerate the implementa­tion of its decarbonis­ation and circular economy strategy. Danny’s commitment to empowering the greatest asset of every company – its people – will allow NOVA to further accelerate its innovation roadmap to best support our customers.”

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