ZURICH (Reuters) - Clariant (S:CLN) Chief Executive Ernesto Ochiello resigned abruptly after less than a year on the job, the Swiss specialty chemicals maker said on Wednesday.
Hariolf Kottmann, the former CEO and board chairman, will assume leadership duties on an interim basis until a successor is found, the company said. Ochiello is exiting in the midst of negotiations with 25% stakeholder Saudi Basic Industries (SABIC) (SE:2010) over the future of the business area high performance materials.