COO/CEO - Specialty Chemicals

Background of the company:

- A listed specialty chemical company with market cap of Rs 500 crore.

- Set up in the 1980s by a technocrat promoters.

- The company makes products that go into API manufacture. It supplies to some leading names in the Indian pharma industry, and has steady long term clientele.

- Sole manufacturer in India for some products, hence enjoys healthy margins.

Role:

- COO role, the person is expected to transition to CEO role in 3-4 years.

- For highly experience candidates, CEO role can be considered.

Profile expected:

- The person should be a chemical engineer from a good college.

- 18 years+ work experience in chemicals / API industry.

- Atleast part of this experience must in plant operations.

- Cross functional exposure would be considered a plus.

- The person should be willing to relocate to Gujarat.

Responsibilities:

- The person is expected to take charge of plant operations to begin with.

- He/she is expected to play a key in the devising the future growth plans of the comp

- There is a distinct possibility of transitioning into the CEO role in 3-4 years based on initial satisfactory performance. In this role, the person will drive all aspects of the company, with the promoters playing only a board level role.

Remuneration:

- The role offers competitive salary, plus generous stock options.

- The overall rewards, including stock options, imply a best in class remuneration within the Indian chemical industry.