Fadigas to Become Braskem CEO in 2011

Braskem has named Carlos Fadigas, current president of Braskem America, to succeed Bernardo Gradin as CEO in 2011. Gradin took the helm of Braskem in 2008. Fadigas, 40, served as Braskem’s CFO until last May when he was named head of Braskem America following the company’s acquisition of Sunoco’s polypropylene business. Braskem did not say why Gradin will leave after three years as CEO. “The succession plan is prompted by Braskem’s constant improvement of its governance practices, always guided by transparency and respect to...

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