Brenntag introduces new operating model with two global divisions

To serve its business partners “faster, broader, and better”, as of January 1, 2021, Brenntag will operate with two global divisions: Brenntag Essentials and Brenntag Specialties.

Based on its core as full-line distributor of chemicals and ingredients, Brenntag said the move will mean it will “gain a sharpened profile towards relevant industry segments”.

Christian Kohlpaintner, CEO of Brenntag Group, said: “The two Brenntag divisions with their clear focus, differentiated steering and distinct market approach will create even stronger partnerships with customers and suppliers.”

The new operating model is a core element of the company’s transformation programme, Project Brenntag, which aims to “set the base for sustainable organic earnings growth in a rapidly changing global market environment”.

Full-line chemical and ingredients distribution will remain the core of Brenntag’s business model. But with the two new divisions, the company will better leverage on its strengths while sharpening its profile towards relevant industry segments.

Kohlpaintner, added: “We are in a leading position globally and have a resilient business model. However, the requirements of our business partners and industry change. By setting up two global champions with a differentiated steering approach and addressing the diverse markets needs and expectations, we develop our company to lead our industry as preferred partner for customers and suppliers.”

In accordance with the new operating model, roles and responsibilities in the Management Board of Brenntag AG will partly change as per January 1, 2021.

Besides CEO (Christian Kohlpaintner) and CFO (Georg Müller), the roles of two Chief Operating Officers (COO) are introduced. Steven Terwindt will take over the responsibility for Brenntag Essentials as COO, Henri Nejade will lead Brenntag Specialties as COO.

Furthermore, Brenntag will introduce the role of a Chief Transformation Officer (CTO) who has yet to be appointed. The CTO will be amongst others responsible for the overall transformation process initiated, drive functional excellence and the digital transformation of Brenntag, completing the future five-member Management Board.

In addition, Brenntag has already appointed the new Level-1 Leadership Team members, who will drive the implementation and execution of the new operating model.

For more information visit www.brenntag.com

23rd September 2020