ChemConnect Recruits Top Chemical Industry Executive, John K. Robinson, as CEO.Business/High-Tech Editors SAN FRANCISCO--(BUSINESS WIRE)--Oct. 10, 2000 John Beasley John Beasley (or Jack Beasley) can refer to:
BP Executive, John K. Robinson, as Chief Executive Officer ChemConnect Inc., the largest global Internet exchange See IXP and NAP. for chemicals, plastics, and industrial gases, today announced that John K. Robinson, currently Group Vice President of BP (NYSE NYSE See: New York Stock Exchange :BPA BPA British Paediatric Association. ), is joining the company as Chief Executive Officer. Mr. Robinson takes the helm from John Beasley, a co-founder of ChemConnect, who will continue to serve as the company's Chairman. Coming at the end of a yearlong year·long adj. Lasting one year. Adj. 1. yearlong - lasting through a year; "attending yearlong courses" long - primarily temporal sense; being or indicating a relatively great or greater than average duration or shakeout Shakeout A situation in which many investors exit their positions, often at a loss, because of uncertainty or recent bad news circulating around a particular security or industry. Notes: During the dotcom boom and bust, numerous shakeouts occurred. in online chemicals and plastics e-commerce marketplaces, the announcement coincides with ChemConnect's emergence as the clear leader in its space: The independent, e-commerce exchange of choice, for more than 11,000 trading members representing 110 countries, commands an enviable en·vi·a·ble adj. So desirable as to arouse envy: "the enviable English quality of being able to be mute without unrest" Henry James. lead in the crowded chemical e-commerce landscape. Mr. Robinson brings to ChemConnect his extensive background, built over a 30-year career, in the global chemicals industry with hands-on P&L experience and an outstanding track record for delivering results. Before joining ChemConnect, John had general management responsibilities for BP's aromatics and derivates business portfolio, with revenues over $4 Billion. In addition, John led BP's digital business efforts and, until he accepted his new position with ChemConnect, was a Board member of Elemica. "ChemConnect has emerged as the clear leader in chemical e-commerce and is very well positioned to capture the massive opportunity that our market provides. To lead us through the next stage of our growth, we have found a leader with extensive direct chemicals industry experience," said John Beasley. "John Robinson Several notable individuals have been named John Robinson: Politicians
"Electronic commerce brings a whole new level of efficiency and effectiveness to the industry. The innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. are already experiencing the benefits of global e-commerce and are prepared to move more aggressively toward bringing the majority of their product sales and raw material purchases online," John Robinson said. "ChemConnect's role is to continue to increase product liquidity on the World Chemical Exchange to support the innovators' efforts and to accelerate adoption among those companies who have yet to make this key commitment. I understand the challenges these companies face, and it is my goal to show them how their participation in the World Chemical Exchange can make them more competitive." "I've come to know John Beasley and his team at ChemConnect extremely well. In fact, it was BP's confidence in ChemConnect's business model, its strategy, and its organization that led to it's investment in ChemConnect," Robinson adds. "I have a tremendous admiration for John Beasley who is one of the brightest people I've ever met, and a man with boundless ingenuity and energy. With John's visionary ideas and my track record for making things happen, I believe we make a powerful combination to lead ChemConnect forward -- something I am personally committed to do." In his role as Group Vice President at BP, Mr. Robinson was a member of the executive committee of BP's chemicals businesses responsible for a portfolio operating on four continents, with combined revenues of over $4 billion. At the time of the BP and Amoco merger, Mr. Robinson was charged with overseeing the successful integration of the chemicals' divisions of both companies, and driving the combined new unit to deliver targeted synergies. Following the successful integration, Robinson led all of BP's digital business activities of the chemicals stream, including e-procurement, in addition to his business portfolio duties. Previously, Mr. Robinson was Vice president, Catalysts and Technology at Sohio Chemical, which was acquired by BP. In his 33 years in the chemical industry, Mr. Robinson also worked for Shell Chemical, Akzo Chemical, and Gulf Oil Chemicals (now Chevron Chemicals). His broad background includes working in R&D, manufacturing, sales and marketing, strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , business development, and general management. Mr. Robinson received his Ph.D. in Chemistry from Rice University, and holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in Finance from the University of Houston. He will begin his new career as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ChemConnect on November 1, 2000. About ChemConnect ChemConnect is the Internet's largest global electronic marketplace for all types of chemicals, plastics, and industrial gases. Manufacturers, buyers, and intermediaries, around the world, use ChemConnect's World Chemical Exchange, an open, neutral market, to find trading partners, negotiate pricing, and complete transactions online. Members of the World Chemical Exchange increase profits by gaining access to new markets, save from reducing transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and benefit from up-to-the-minute market information. ChemConnect's 100 Charter and Corporate Members account for more than 55% of worldwide chemical sales. Founded in 1995, ChemConnect is headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , with offices in Frankfurt, Houston, London, Paris, Philadelphia, Rotterdam, and Singapore. Note to Editors -- ChemConnect is a registered trademark of ChemConnect, Inc. All other product, trademark, company or service names mentioned herein are the property of their respective owners. |
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