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May 29, 2020

Ashland unveils general counsel succession

Peter Ganz to retire from company at end of 2020

NYSE-listed Ashland Global Holdings has released details of the succession plan for its general counsel, Peter Ganz.

Ganz, currently senior vice president, general counsel, secretary, chief legal and compliance officer, has decided to retire from Ashland at the end of 2020. Yvonne Winkler von Mohrenfels has been chosen to become general counsel and secretary, effective January 1, 2021. In the meantime she will be deputy general counsel, effective May 22, to ‘support a smooth transition,’ according to the company.

Ganz joined Ashland in 2011 and has since been responsible for managing the company’s legal and corporate governance matters and overseeing the company’s ethics and compliance, government relations, risk and insurance and real estate functions.

He was previously a partner with law firm Sedgwick. From 2005 to 2010 he served as executive vice president, general counsel and secretary of Foster Wheeler. Before that he was senior vice president, general counsel and secretary of G-I Holdings (formerly GAF Corp) and of its affiliate, International Specialty Products.

Winkler von Mohrenfels joined the company in 2009 having previously held senior legal positions at chemicals, specialty materials and pharmaceutical companies.  

Wilmington, Delaware-based Ashland is a specialty materials company operating in consumer and industrial markets such as adhesives, architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceuticals.

‘Peter has been a tremendous asset to Ashland, and I want to recognize and thank him for his outstanding contributions and leadership,’ says Ashland chair and CEO Guillermo Novo in a statement. ‘Peter’s commitment to Ashland and our core values has been essential to managing important legacy legal issues and to the success of the company’s ongoing transformation.

‘Yvonne’s proven track record of leadership at Ashland and broad legal experience will ensure a smooth transition for the general counsel role and position Ashland well for the future.’

 

Ben Maiden

Ben Maiden is the editor-at-large of Governance Intelligence, an IR Media publication, having joined the company in December 2016. He is based in New York. Ben was previously managing editor of Compliance Reporter, covering regulatory and compliance...