Kenneth Lane Appointed President and CEO of Olin Corporation
Olin Corporation appoints Kenneth Lane as the new President and CEO, with Scott Sutton stepping down to aid in a smooth transition. William Weideman takes over as the Executive Chairman of the Board of Directors. Mr. Lane brings extensive experience from LyondellBasell, BASF, and BP Chemicals, with a focus on delivering strong results and growth. The board expresses enthusiasm about Mr. Lane’s appointment and looks forward to collaborating with him to drive the company’s strategy and create shareholder value.
Meta Platforms Inc. Adds Two New Members to Board of Directors
Meta Platforms Inc. appoints Hock E. Tan and John Arnold to its board of directors, following the departure of Sheryl Sandberg. CEO Mark Zuckerberg expresses excitement about the expertise Tan and Arnold bring, particularly in silicon and energy infrastructure, crucial for Meta’s long-term vision, including the development of artificial general intelligence. With the addition of Tan and Arnold, Meta’s board now comprises 11 members, including Sandberg, who is set to step down at the company’s annual shareholder meeting in May. Prior to joining Meta’s board, Tan had collaborated with the company in his capacity at Broadcom, while Arnold has been involved in criminal justice reform initiatives, aligning with Zuckerberg’s investment company, CZI.