Matheson Tri-Gas Inc. has announced it is to implement a new organisational structure that will build on the company’s high growth and high profitability momentum, while also helping to propel parent company the Taiyo Nippon Sanso Corporation (TNSC) Group into a leading position in the industrial, specialty and electronic gases markets by 2010.
The newly announced structure will be effective as of 1st January 2008 and allow for Matheson Tri-Gas to increase its focus in the areas of governance and greater alignment with parent company TNSC. Current board member Bill Kroll will divest his duties as chief executive officer, in favour of expanding his ‘visionary and strategic role’ as chairman of Matheson Tri-Gas.
As part of the alignment plans, Kroll will oversee the Research and Development group, Tri-Gas Technologies and the Strategic Marketing organisation.
Speaking of the changes in direction, Kroll said, “There is nothing more important at this time for Matheson Tri-Gas than for me to concentrate solely on those strategic objectives and activities that will bring the company t world leadership status in the areas of governance, environmental stewardship, and growth spurred by unassailable customer satisfaction and innovative thinking.”
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