09:09 AM EDT, 07/15/2024 (MT Newswires) -- Westlake (WLK) said Monday that it has appointed Jean-Marc Gilson as its president and chief executive officer, effective immediately.

Gilson, who was previously the president and CEO of Mitsubishi Chemical Group, succeeds Albert Chao.

Chao will become the executive chairman of the board, while the current chairman, James Chao, will become senior chairman, Westlake said. Both appointments are also effective immediately.

Price: 146.66, Change: +0.01, Percent Change: +0.01