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.”