An update from Westlake Chemical (WLK) is now available.
Westlake Corporation has announced significant changes in its leadership structure, effective July 15, 2024. James Chao has moved to Senior Chairman, while Albert Chao steps into the role of Executive Chairman. Jean-Marc Gilson, with a wealth of experience in leading international chemical and industrial product companies, is now the President and CEO. Gilson’s impressive track record, including top positions at Mitsubishi Chemical Group and Roquette Frères, positions him well to steer Westlake Corporation towards future success. His compensation includes a substantial base salary, bonuses, and a long-term incentive plan, with no family ties affecting his appointment.
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