ChemChina’s Ren named Pirelli chairman

Milan, Italy – Pirelli & C SpA’s board of directors has nominated China National Chemical Corp. chairman Ren Jianxin to be chairman of Pirelli.

Ren is to succeed Marco Tronchetti Provera, who has resigned form the position in the wake of ChemChina’s acquisition of majority control of Pirelli.

The board also nominated a slate of new board members, including Jianxin, to succeed five board members who resigned effective 19 Oct.

Chairman of ChemChina since December 2014, Ren said he sees “great perspectives for growth on the horizon” for Pirelli, which…

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