Westlake (WLK) announced that Jean-Marc Gilson, who most recently served as president and CEO of Mitsubishi Chemical Group Corporation, has been appointed by the board of directors to serve as president and CEO of Westlake. Jean-Marc Gilson succeeds Albert Chao, who will transition to become executive chairman of the Westlake board of directors. James Chao, the current chairman of the board, will become senior chairman of the Westlake board of directors. These appointments take effect immediately. In connection with this announcement, Jean-Marc Gilson will also become president and CEO and a director of Westlake Chemical Partners, the general partner of Westlake Chemical Partners (WLKP), and Albert Chao will become executive chairman and James Chao will become senior chairman of the Westlake Chemical Partners GP board of directors.
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