Elementis Plc has named Paul Waterman, the global chief executive of BP Lubricants, as its chief executive-designate.
The company, which warned on full-year earning earlier this year, said Waterman would take up the role upon current chief executive David Dutro’s retirement early next year.
Dutro has held the top job at Elementis, which supplies industrial additives and coatings, for about nine years.