Johnson Matthey – New job for Bayer man Condon – Economy

Liam Condon, 53, finally becomes CEO. The agricultural chemicals and pharmaceuticals company Bayer announced on Tuesday that the board member was leaving at the end of the year, two years before the end of the contract. He wants to face new professional challenges. Which has been public since Thursday. Condon will join the board of British chemical company Johnson Matthey, said his new employer. He will take up the job on March 1st, 2022. He replaces Robert MacLeod as CEO. At Bayer, Condon was responsible for the agricultural business and the integration of the US company Monsanto. So he’s used to cleaning up. They also expect him at Johnson Matthey. Also on Thursday, the group, which also has several locations in Germany, including in Redwitz, Moosburg and Oberhausen, announced that it wanted to sell the battery material business. As a result, the share price on the London Stock Exchange fell by almost a fifth by noon. Condon also knows price drops from his current employer.

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