Orbia Advance Corporation, S.A.B. de C.V. Announces Change of Chief Executive Officer
January 19, 2021 at 08:22 pm EST
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Orbia Advance Corporation, S.A.B. de C.V. announced that its board of directors has appointed Sameer S. Bharadwaj as its new Chief Executive Officer, effective February 1st, 2021. Mr. Bharadwaj will succeed Daniel Martínez-Valle, who has resigned from the position by mutual agreement with the board. Mr. Martínez-Valle will remain in his current position to support Mr. Bharadwaj through the end of January to ensure an orderly and effective leadership transition. Mr. Bharadwaj joined Orbia in 2016, and brings over 20 years of leadership experience in technology-led innovation, operational excellence and talent development across the advanced materials, technology, energy and pharmaceutical industries to this role. He currently serves as President of Orbia’s Fluor and Polymer Solutions business groups. Prior to joining Orbia, Bharadwaj held several key management positions over an 11-year tenure at Cabot Corporation and before that, worked as a strategy consultant for The Boston Consulting Group across a variety of industries and as a senior research engineer at The Dow Chemical Company.
Orbia Advance Corporation SAB de CV, formerly Mexichem SAB de CV, is a Mexico-based company engaged in the industrial sector. The Companyâs activities are divided into five business groups: Precision Agriculture, Building & Infrastructure, Fluor, Data Communication and Polymer Solutions. The Precision Agriculture business includes Netafim brand, which develops irrigation systems and related services, as well as offers technology for farming digitalization. The Building & Infrastructure business offers pipes for multiple building applications through Wavin brand. The Fluor business operates Koura brand, which manufactures fluorine-based materials used in such industries as healthcare, construction and transportation. The Data Communication business is responsible for production and installation of communication and power cables through Dura-Line brand. The Polymer Solutions business includes vestolit and alphagary brand names, which provides plastic resins and other compounds.