Evonik Corp. said June 1 that Bonnie Tully, currently the Parsippany-based company’s chief financial officer, would take over as president, effective immediately.
Tully, who will be in charge of Evonik’s North America region, replaces John Rolando. The former chief executive officer retired after spending 33 years with the company and its predecessor entities.
“Bonnie Tully’s leadership skills and broad experience within the organization make her the right person to head the North American region as we continue to position Evonik as a world-leading specialty chemical company driven by innovation and sustainability,” said Ute Wolf, chief financial officer and member of parent Evonik Industries AG’s Executive Board, in a statement. “I also want to thank John Rolando for his efforts in leading the region through tremendous growth and helping transform Evonik’s portfolio and culture into the best-in-class organization we know today.”
Tully, a mechanical engineer by training, began her career in 1996 as a project engineer with Rohm & Haas. From 1998 to 2006, she was a materials manager and technical manager for Houston-based Evonik Oil Additives. She then moved to Singapore, serving as a plant manager for the Oil Additives business supporting the Asia-Pacific region. Tully returned to the U.S. in 2011 when she was named head of Site Service in Mobile, Ala.—Evonik’s largest facility in North America with more than 800 workers, according to the company.
Evonik Industries, based in Essen, Germany, posted sales of 13.1 billion euros ($14.6 billion) last year. The North America region reported sales of 3 billion euros in fiscal 2019, the company said.
In March 2019, Evonik sold its Methacrylates business to buyout firm Advent international for 3 billion euros. At the time, the seller said the deal was part of a strategy to focus on its “less cyclical” specialty chemicals operations.