Board of Directors

Philippe Kehren, born in 1971, is Chief Executive Officer and a member of the Board. He previously was President and Head of Sustainability of the Soda Ash & Derivatives global business unit at Solvay. Mr Kehren is an industrial authority with a 30-year cross-functional experience  in multiple management roles. He transformed Solvay’s soda ash business, reinforcing its global leadership while accelerating the Company’s energy transition. He joined Solvay in 2012 to lead business development in Energy Services, and oversaw the successful turnaround of the European Soda Ash business. Prior to joining Solvay, Mr. Kehren served in various management roles at Rhodia. 

Marjan Oudeman, born in 1958, is an independent Director and Chair of the Nomination Committee. She was appointed in 2015 on the Board of Solvay. She also serves on the board of KLM Royal Dutch Airlines, UPM-Kymmene Oyi, SHV Holdings NV (a privately-owned trading group) and chairs Groenvermogen (a Dutch innovation Fund for Green Hydrogen).

Marjan Oudeman is a strong industrial leader with a focus on strategy and business development, M&A and process engineering. She has a long experience as an executive and non-executive of stock listed and non-listed companies. Marjan Oudeman held a long career in Hoogovens Group, then Corus Group, then Tata Steel Europe as member of the Executive Committee and Director Division Strip Products. She has also been a member of the Executive Committee of AkzoNobel and Executive President of Utrecht University.  

She served previously as a Non-Executive on the Board of Equinor ASA, ABN AMRO NV, Aalberts NV, NLMK, NS NV, Concertgebouw and Rijksmuseum as well as Chair of the Ronald McDonalds Children Fund in the Netherlands.

Wolfgang Colberg, born in 1959, is an independent Director and Chair of the Remuneration Committee. He has been a Director on the Solvay Board since 2021. He also sits on the Boards of Thyssenkrupp AG and Burelle SA, and serves as the Chairman of AMSilk GmbH. He previously served as Board Member of Fire (BC) Holdco Ltd.  

In addition, he serves as an Industrial Partner at Capmont, an entrepreneurial private capital investment manager. Mr. Colberg is a proven leader with extensive leadership and financial experience within the specialty chemicals industry. From 2009 to 2013, he served as CFO of Evonik Industries, where he was responsible for the company’s IPO in 2013.  

Throughout his career, he also held various senior management positions at the Bosch and Siemens Home Appliance Group until he became Chief Financial Officer.   

Aude Thibaut de Maisières, born in 1975, is a non-independent Director, Chair of the ESG Committee and Vice-Chair of the Solvay Board. She was appointed member of the Solvay Board in 2020.  

She is also cofounder and managing director of Sonic Womb Productions Limited, a multidisciplinary medical research venture which she co-founded in 2016, and Board Member of Paradigm Capital Value Fund SICAV, a privately held investment advisory company.  

Previously, Ms. Thibaut de Maisières was also a member of the Innovation Fund Investment Committee which makes early-stages investments in innovative start-ups active in the field of chemistry and bioscience. She brings extensive experience in the chemical and life sciences industries and expertise in entrepreneurship, finance, research and development, process and materials technology as well as the circular economy. 

Melchior de Vogüé, born in 1962, is a non-independent Director. Mr. de Vogüé currently sits on the Board of Solvac, where he was appointed in 2022 and where he also serves as Chairman of the Audit Committee.  

He is presently Chief Financial Officer of the Etex Group, a global building material company, and independent Board Member of the Centre Médical de Bligny. He brings decades of experience in finance, M&A and risk management and has broad experience in the specialty papers and chemicals industry.  

He previously served as CFO of various Suez Environmental Group water management subsidiaries across the UK, the United States of America and Puerto Rico. He also served as CFO and Co-CEO of Tessenderlo Chemie. 

Yves Bonte, born in 1961, is an independent Director. He is also Chair of the Board of Directors and Chief Executive Officer of Domo Chemicals NV, into which he successfully integrated Solvay’s European Performance Polyamide business, in 2020.  

He also serves as Chair of the Board of Domo Chemicals Holding NV. He brings a 30-year experience of innovative and energetic leadership in the chemical sector worldwide, with a focus on the materials industry. Prior to his tenure at Domo, Mr. Bonte was a Member of the Executive Management Board of Yara International and led the Industrial Segment, which he transformed. He previously held several top management positions at LyondellBasell. 

Annette Stube, born in 1967, is an independent Director. She is also a member of the Board of Directors of WWF Denmark and serves as the Chief Sustainability Officer of the Lego Group. Previously, she held the position of Executive Vice-President and Head of Sustainability at Stora Enso, a provider of renewable products in packaging, biomaterials and wooden construction.  

From 2020 to 2023, she sat on the Board of Directors of Fortum Oyj a Finnish mainly state-owned energy company and Europe's third largest producer of carbon-free electricity. Prior to that, in her 11-year tenure as Head of Sustainability at A.P. Moller-Maersk, she established, developed and rolled out the CSR/Sustainability strategy of the world's largest container shipping company. 

Thierry Bonnefous, born in 1979, serves as non-independent Director. He is also Digital Train Program Director at Alstom, a global leader in smart and sustainable mobility. Previously, Mr Bonnefous also served as an administrator of the Fonds Ernest Solvay, which implements the corporate philanthropy activity of the Solvay group. 
 
Mr Bonnefous brings experience in leading complex projects with high technological content. Prior to joining Alstom, he held several design and engineering management positions at PSA Peugeot Citroën (now Stellantis). 

The Audit and Risk Committee assists the board in its responsibility of monitoring the management of Solvay and the Solvay Group as a whole.

The committee hears reports from Chief Financial Officer Alexandre Blum, the head of group internal audit and an external auditor, EY. It also examines the quarterly report from the group general counsel on significant ongoing legal disputes and reports on tax and intellectual property disputes.

It meets alone with the auditor in charge of the external audit whenever deemed useful.

The chairman of the executive committee and chief executive officer, Philippe Kehren, and all other board members are invited, once per year, to discuss major risks to which the Group is exposed.

The Audit and Risk Committee is composed of: 

• Thomas Aebischer (Chair)
• Marjan Oudeman
• Melchior de Vogüé
• Wolfgang Colberg

The Finance Committee’s role is to give an opinion on financial matters such as interim and final dividend amounts, the levels, conditions and currencies of indebtedness, monitoring the credit strength of the group’s balance sheet, hedging foreign exchange and risks, the hedging policy for long-term incentive plans, content for financial communications, and financing major investments. 

It also finalizes the preparation of press releases announcing financial results. When called upon, it gives opinions on board policies on the above matters and makes recommendations to the board of directors.

The Finance Committee is composed of: 

• Pierre Gurdjian (Chair)
• Melchior de Vogüé
• Thomas Aebischer 
• Wolfgang Colberg 
• Philippe Kehren

The Remuneration Committee fulfills the duties imposed by Article 7:100, §5 of the Belgian Code on Companies and Associations (BCCA). It advises the board of directors on: 

The company’s compensation policy and principles; 

• The compensation levels for members of the board of directors and the executive committee; 
• The chairman of the executive committee’s compensation, short- and long-term incentives, and performance assessment; 
• The new CEO's compensation package, including short- and long-term incentives;
• The allocation of long-term incentives (performance share units and stock options) to the company’s senior management.

It prepares the annual remuneration report for the Corporate Governance Statement and receives a yearly report about the compensation of general management.

The Remuneration Committee is composed of:

• Wolfgang Colberg  (Chair)
• Aude Thibaut de Maisières
• Marjan Oudeman
• Pierre Gurdjian
• Yves Bonte

The Nomination Committee gives its opinion on appointments to the board of directors (chairman, new members, renewals, and committees), to executive committee positions (chairmanship and members), and to general management positions.

The Nomination Committee is composed of: 

• Marjan Oudeman  (Chair)
• Aude Thibaut de Maisières
• Pierre Gurdjian
• Wolfgang Colberg
• Yves Bonte

The ESG Committee considers the material ESG issues relevant to the group’s business activities, provides guidance and recommendations to the board, including in the context of the implementation and potential review of the Solvay One Planet sustainability strategy and the group’s non-financial reporting; and ensures the implementation of the new Corporate Sustainability Reporting Directive (CSRD).

The ESG Committee is composed of: 

• Aude Thibaut de Maisières (Chair)
• Annette Stube
• Marjan Oudeman
• Thierry Bonnefous
• Philippe Kehren