
Westlake names ex-Mitsubishi Chemical chief Gilson as CEO

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Westlake, a chemicals maker, has appointed Jean-Marc Gilson, former CEO of Mitsubishi Chemical Group, as its new chief executive. Gilson will replace Albert Chao, who will become the executive chairman of the board. The newly appointed CEO will receive an annual base salary of $1.25 million. Westlake produces chemicals used in various industries such as residential construction, automotive products, water treatment, and coatings.
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