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People & Business :: People/Executives

Nalco Chairman and CEO Joyce to Retire

10:22 AM MST | November 14, 2007 | Esther D’Amico

Nalco says its chairman and CEO William Joyce will retire from the company on December 30. The company says it plans to set up a committee of independent directors to select Joyce’s successor and that Nalco’s board will retain Joyce as a consultant through March 31, 2008 to assist with the succession and transition process. The company says it will consider both internal and external candidates for Joyce’s replacement. Joyce: Will assist in succession process. Joyce’s employment and consulting package will include a grant of $12 million of...

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