Lonza’s Board of Directors has appointed Sven Abend as Chief Operating Officer for Specialty Ingredients following the decision by Beat In-Albon to step down from that role and the Executive Committee.
Abend, formerly Chief Strategy Officer and member of the Executive Committee, took over as head of Specialty Ingredients on 1 January. With this move Lonza's Executive Committee will be reduced from five members to four. In-Albon will continue to be involved in special projects and report directly to CEO Richard Ridinger.