Effective March 1st, Ib Jensen takes over from Jan Secher as Chief Executive Officer of Perstorp Group, a leading specialty chemicals company headquartered in Malmö, Sweden and since 2022 part of PETRONAS Chemicals Group Berhad (PCG).

Ib Jensen is a highly respected senior industry executive with a long career as CFO and extensive experience from M&A and integration of acquired companies, something that will be required in the next phase for Perstorp.

After more than 9 successful years as the CEO of Perstorp Group, Jan Secher has decided to step down. This decision is based on a personal direction set more than a year ago, prior to the acquisition by PCG, allowing for a full search process to be conducted for his replacement.

Ib Jensen has been CFO of Perstorp for the past year and was considered the most qualified candidate based on his knowledge of the company, long term experience of the specialty chemicals industry and high level of appreciation in both Perstorp as well as in PCG.

Ib Jensen (right) takes over from Jan Secher as new CEO of Perstorp Group.

Previous experience includes CFO and executive roles within Finance and IT at companies such as Arxada, Lonza, Syngenta, Danisco and LEGO.

“I have had the pleasure to lead Perstorp through an exciting transformation, which has formed the company to what we are today; a sustainability frontrunner with a growing share of specialty chemicals in the portfolio,” Jan Secher commented. "I am proud of the company and the extraordinary team that Ib now takes over to lead. I wish him and the team all the success in the future."

“On behalf of PCG, I am delighted to welcome Ib, as the new CEO of Perstorp. He is an experienced executive leader, with a strong and deep understanding of the specialty chemicals industry on top of a solid track record in business optimization and financial management," stated Mohd Yusri Mohamed Yusof, PCG Managing Director/Chief Executive Officer. "I also would like to put on record my appreciation and gratitude to Jan for his contribution for the past nine years.”

“It is an honor to take over as CEO from Jan Secher and I look forward to lead Perstorp in this new exciting phase. With PCG as the new owners, their commitment and the support from the strong Executive Leadership Team, I feel confident about a successful time ahead of us,” Ib Jensen added.

Jan Secher remains in the CEO role until March 1st and will thereafter serve as an advisor to the new CEO and the Chairman, focusing on strategy and transferring external relationships. Monica Jönsson, currently deputy CFO, will take on the role as CFO when Ib Jensen assumes the position as CEO.