Solutia Inc. (NYSE: SOA), a performance materials and specialty chemicals company, today announced that it has added new members to its executive leadership team. Newly elected members include Mr. D. Michael Donnelly, who has been named executive vice president and chief operating officer, and Mr. Nadim Qureshi, who has been named senior vice president of corporate development – emerging markets and president of photovoltaics.
Mr. Donnelly, who most recently served as president and general manager of Solutia's Performance Films division, brings nearly 40 years of manufacturing, business and leadership expertise to his new position. As executive vice president and chief operating officer, Mr. Donnelly will have oversight of all operational and commercial aspects of the Company's global businesses.
In his new role, Mr. Qureshi, who most recently served as Solutia's vice president, corporate strategy and development, will identify opportunities for portfolio development, as well as near- and long-term growth opportunities in emerging markets. In addition, he will have global management responsibility for Solutia's photovoltaics business. Mr. Qureshi will be based at Solutia's Asia-Pacific regional headquarters in Shanghai, China.
"These additions support a clearly charted strategy to capture organic growth opportunities and capitalize on Solutia's proven manufacturing excellence, while strengthening our leadership presence in emerging markets, specifically in China," said Jeffry N. Quinn, president, chairman and chief executive officer of Solutia Inc.
Solutia also announced that it has elected Mr. Craig Ivey president and general manager of the Performance Films division, replacing Mr. Donnelly. Mr. Timothy Spihlman has been elected senior vice president of corporate strategy and analysis. Mr. Christopher Bray has been elected vice president and corporate controller.
