Platform Specialty Products Names Rakesh Sachdev CEO

(RTTNews) - Platform Specialty Products Corp. (PAH), a specialty chemicals company, said its Board of Directors has appointed Rakesh Sachdev as its new Chief Executive Officer. Sachdev will join Platform, effective January 5.

The Board of Directors also appointed Sachdev to serve as a Director on the Platform's Board, effective January 5, 2016.

In connection with Sachdev's appointment, Daniel Leever, as previously announced in October, has retired as both Chief Executive Officer and as a Director of the Board, effective immediately.

Sachdev joins Platform with more than 28 years of management experience at leading public companies. He most recently served as President and Chief Executive Officer of Sigma-Aldrich since 2010 through its recent acquisition by Merck KGaA.

Earlier in his career, Sachdev held numerous senior management positions at ArvinMeritor, Inc. and Cummins Inc.