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Sagasta, Redaelli Named Joint CEOs of Diversey

Print Article Contributed by BSM Staff

CHARLOTTE, NC -- Diversey, a provider of hygiene and cleaning technologies, has announced a transition of executive responsibilities as Dr. Ilham Kadri will resigns from her position as CEO.

Effective December 31, 2018, she will take another executive role, which will be separately announced. In the interim, Dr. Kadri will concentrate on strategic areas needed to ensure a smooth transition. 

Carlos Sagasta, Diversey’s Chief Financial Officer, and Gaetano Redaelli, Diversey’s Global President, Professional Division, will become joint deputy CEOs. In addition to their current roles, they will also be responsible for running the company on a day-to-day basis, until a successor is identified.

“Since becoming a standalone company in September 2017, I’m proud that Diversey has emerged as a strong, profitable, sustainable company,” said Dr. Kadri. “Our efforts to transform and digitize the hygiene and cleaning market have resulted in double-digit bottom line growth since 2013 and a record double-digit topline growth this year. I am honored to have had the opportunity to lead this impressive team who has worked hard to help our company evolve and reach our potential.  I’m confident they will continue to drive solid growth and value for our customers and partners.”

Ken Hanau, Managing Director at Bain Capital Private Equity and a member of the Board of Directors, said, “We are excited about everything Ilham and the strong team have accomplished over the course of the past year in establishing Diversey as a standalone business and in showing strong momentum with record growth including significant wins in U.S. food service.  We wish Ilham much success in her new role, and we look forward to her continued involvement with Diversey as a significant investor,” said

He said the company is well-positioned for the future and is investing to drive growth and deliver value to customers.

Diversey delivers hygiene technologies and services that provide total confidence to customers across all of its global sectors. Headquartered in Charlotte, North Carolina, Diversey employs approximately 9,200 people globally, generating annual net sales of approximately $2.7 billion. 

For more information, visit www.diversey.com.