Olin Corporation announced a mutual agreement that Scott Sutton would step down as president, chief executive officer and board chairman in the first half of 2024. Sutton will continue as the Board’s executive chairman until his departure to facilitate a smooth transition.
Sutton led a strategic transformation of Olin since taking the helm in 2020.
“It has been a privilege and an honor to lead Olin,” said Sutton. “Olin has a great future ahead, and the Board and I are working closely together to identify an excellent leader who will enable the next phase of growth for Olin, building on our strong foundation.”
William H. Weideman, Olin’s lead director, noted, “On behalf of the Board and the Olin team, I extend our gratitude to Scott for his dedication, leadership and extraordinary contribution. We look forward to working with Scott and the leadership team to ensure a smooth transition.”
Olin also operates its chemical products business, including chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid.
