Johnson Matthey – New Job for Bayer Condon Man – Economy

Liam Condon, 53, finally becomes CEO. It was not until Tuesday that the agrochemical and pharmaceutical company Bayer announced the departure of the administrator at the end of the year, two years before the end of the contract. He wants to take on new professional challenges. Which has been public since Thursday. Condon will join listed British chemicals company Johnson Matthey, his new employer has said. He will take office on March 1, 2022. He replaces Robert MacLeod as CEO. At Bayer, Condon was responsible for the agricultural activity and the integration of the American company Monsanto. So he’s used to cleaning. They are also waiting for him at Johnson Matthey. Also Thursday, the group, which also has several sites in Germany, including Redwitz, Moosburg and Oberhausen, announced its intention to sell the battery materials business. As a result, the stock price on the London Stock Exchange fell nearly a fifth by noon. Condon is also experiencing price cuts from his current employer.

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