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Solvay CFO to step down, successor appointed

Staff writer | Brussels, Belgium | July 31, 2013
Bernard de LaguicheSolvay, a chemical company, announces Bernard de Laguiche’s decision to steps down as group chief financial officer and the appointment of Karim Hajjar as his successor, effective October 1, 2013.
Mr. de Laguiche joined Solvay in 1987 and has held a number of positions of responsibility in Belgium, Germany and the United Kingdom.

He serves as the Chief Executive Officer at Solvac S.A.

Mr. de Laguiche serves as General Manager of Finance and Information Services at Solvay North America, Inc.

Mr. de Laguiche has been General Manager of Finance at Solvay SA since March 1, 2006 and its Chief Financial Officer since May 2006.

He serves as Managing Director of Solvay Solexis S p A.

Mr. de Laguiche serves as the Chairman of the Board of Directors at Solvay Participations France S.A.S.

He served as Managing Director of Solvay Solexis SPA in Milan until 2005.

He serves as Chairman of Solvay Chemicals and Plastics Holding B.V.

He has been a Director of Solvay SA since March 1, 2006.

He serves as a Director of Solvay North America, LLC.

Mr. de Laguiche has a Commercial Engineering degree from the University of St Gallen (Switzerland) and MA in Economics from University of Saint Gallan.

He will stay on at Solvay as a non-executive Board Member.

Karim Hajjar will succeed Mr. de Laguiche as CFO and join Solvay’s Executive Committee on October 1.

Before joining Solvay, Mr. Hajjar was Director Finance and Planning at Imperial Tobacco Group Plc.

In his first job, he became a partner at Grant Thornton Chartered Accountants which he joined in 1984.

He moved on to Royal Dutch/Shell where between 1995 and 2004 he was amongst others deputy CFO of Shell Chemicals.

Mr. Hajjar was CFO of Tarmac Group from 2005 to 2009 and its managing director until 2010.