Domo Chemicals has appointed Yves Bonte to succeed current CEO Alex Segers during February, 2020. Segers has held the CEO position since Domo started its chemical activities in 1994. The company said that he will continue to play a key role in the transformation of Solvay’s European Performance Polyamide and Domo into one company. Closing of the acquisition of Solvay’s European performance Polyamide Business by Domo is expected to take place on Jan. 31, 2020.

Bonte joins Domo from fertilizer and chemicals company Yara, where he served as executive vice president Industrial (recently named New Business) since 2010. Prior to Yara, he held a variety of business leadership, commercial and operations roles at Lyondell Basel and Exxon Chemicals. Since 2018 Bonte is as board member of Domo.