Clariant Appoints New Chief Financial Officer


MUTTENZ, Switzerland--(BUSINESS WIRE)--Dec. 5, 2005--Clariant announced that it has appointed Patrick Jany as Chief Financial Officer, effective January 1, 2006.

The appointment follows the naming last month of Jan Secher as Clariant's Chief Executive designate, taking over from current CEO Roland Loesser, who will become Chairman of the Board of Directors on April 7, 2006 at the company's Annual General Meeting.

Patrick Jany will replace current CFO Francois Note, who will be leaving at the end of this year to pursue opportunities outside Clariant.

"Francois Note leaves Clariant with my sincere appreciation for playing a key role in restoring a strong financial base for Clariant and for his valuable contribution to our Transformation Program," Mr. Loesser said. "We wish him all the very best."

Patrick Jany, 37, currently is Clariant's Head of Corporate Development with responsibility for group strategy and mergers and acquisitions. Before taking that role, Mr. Jany was Head of Country Organization in Mexico. Prior to that, he held positions in Finance and Controlling within Clariant, including serving as Chief Financial Officer for the region ASEAN as well as Head of Controlling for the Pigments & Additives Division. He joined Sandoz, one of Clariant's predecessor companies, in 1990.

"Patrick Jany has broad and deep experience of Clariant's operations and its finances and I am sure that as CFO he will be a great asset to the company," Mr. Loesser said.

Mr. Jany will join the Clariant Board of Management (Konzernleitung) starting January 1, 2006.

Patrick Jany Background

Patrick Jany, German citizen, has a degree in Business Administration from the Ecole Superieure de Commerce in Paris, France. He is fluent in German and French and also speaks English and Spanish.

Clariant - Exactly your chemistry.

Clariant is a global leader in the field of specialty chemicals. Strong business relationships, commitment to outstanding service and wide-ranging application know-how make Clariant a preferred partner for its customers.

Clariant, which is represented on five continents with over 100 group companies, employs about 24,000 people. Headquartered in Muttenz near Basel, it generated sales of around CHF 8.5 billion in 2004.

Clariant's businesses are organized in five divisions: Textile, Leather & Paper Chemicals, Pigments & Additives, Functional Chemicals, Life Science Chemicals and Masterbatches.

Clariant is committed to sustainable growth springing from its own innovative strength. Clariant's innovative products play a key role in its customers' manufacturing and treatment processes or else add value to their end products. The company's success is based on the know-how of its people and their ability to identify new customer needs at an early stage and to work together with customers to develop innovative, efficient solutions.

www.clariant.com

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