Global specialty chemicals distributor Univar Solutions has announced a major leadership evolution aimed at sharpening its structure and accelerating long-term growth strategy.
The company said President and Chief Executive Officer David Jukes will transition into the role of Executive Chair effective July 1, 2026. In his new position, Jukes will work closely with the Board and leadership team to maintain strategic oversight and ensure continuity as the business enters its next phase of transformation.
“Effective July 1, the Executive Chair will work closely with the leadership team and the Board of Directors to provide strategic oversight, ensure continuity, execution, and support long-term enterprise priorities. This transition reflects the Company's confidence in its leadership bench and its readiness for the next phase of value creation.”
Under the reshaped structure, Univar Solutions will now operate through three focused business segments:
Chemical Distribution & Services will be led by CEO Robert Craycraft, focusing on global logistics and broad chemical distribution.
Ingredients + Specialties will be headed by CEO Nicholas Powell, targeting specialty solutions backed by formulation labs and technical capabilities.
ChemPoint will continue its digital-first model to drive demand creation and multi-channel growth across chemicals and ingredients.
Each segment CEO will report directly to the Board, a move designed to strengthen accountability and sharpen execution.
“This evolution marks an important milestone for Univar Solutions,” said President and Chief Executive Officer David Jukes.
“This next step is the culmination of a thoughtful succession plan developed in close partnership with our Board, and I look forward to continuing my focus on long-term strategy, governance, and with advancing external relationships as well as partnerships for the Company,” said Jukes.
The company emphasized that the new operating model is intended to give each division greater autonomy while preserving enterprise-wide capabilities and culture.
As part of the changes, CFO Nicholas Alexos will move from his executive role to join the Board of Directors.
Jukes acknowledged his contribution, stating, “Nick's many contributions—particularly during our transition from a public to a private company—have been significant. I am deeply grateful for his partnership and look forward to working with him as a member of our Board.”
“Our more focused structure builds on the strength of our platforms, empowers our teams to work closer with customers, and positions the Company to compete and grow more effectively across diverse end markets. I look forward to supporting our leadership team as we execute this next chapter.”
