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The ChemQuest Group, a global business strategy and external speciality chemicals technology development firm, has hired a former client, Mr Rich Gibson, formerly the Director, Corporate Strategy for Milliken & Company. Given that deployment of a well-defined strategy is central to achieving long-term success and is inherently complex, ChemQuest Director Rich Gibson’s business strategy development focus for more than three decades included market segmentation, value and supply chain analysis, business intelligence, economics, voice of the market, due diligence, strategy deployment, risk management and process improvement. Project management, productivity enhancement and cost control without sacrificing quality are also key capabilities in his tool set.
Mr Gibson holds a Bachelor of Science (BS) degree in Industrial Engineering from the University of Tennessee (1988).
From 1989–2016, prior to his promotion to Director, Corporate Strategy, Mr Gibson’s career trajectory at Milliken from a new hire (Industrial Engineer), ultimately leading up to Manager, Corporate Strategy & Development – included professionally enriching stints in between, such as Business Supply Chain Manager, Senior Business Development Manager, Process Improvement Manager and Plant Manager.
From 2016–2020, as Milliken’s Director, Corporate Strategy, Mr Gibson was equally proficient managing econometrics and key indicators, as well as the Enterprise Risk Management (ERM) process, market research (internal and outsourced), a buy-side acquisition corporate- and division-level target funnel, business intelligence, de-risked target acquisition (pre-diligence), and overall corporate strategy development, while mentoring his colleagues in these areas.
"As a repeat speciality chemicals’ client of The ChemQuest Group,” Rich Gibson noted, "I came to truly appreciate the ChemQuest team’s chemicals’ value chain knowledge, business acumen, ingenuity, energy and drive for solving chemical business complexities. Profitable opportunities were successfully identified and executed in 20+ project areas. I look forward to putting my expertise to work alongside my esteemed colleagues for value creation and sustained profitability for ChemQuest clients in the speciality chemicals space.”ChemQuest CEO Dan Murad added: "We are very excited to welcome Rich Gibson to our practice. He brings extensive speciality chemical market and business strategy development experience and has a unique ability to provide deep insights in diverse subject matter areas. Our past engagements have been mutually beneficial in augmenting Milliken and ChemQuest’s knowledge base. We look forward to leveraging our new association with Rich for delivering client-centric solutions, and identifying growth opportunities in speciality chemicals amid a new global landscape.”