Ashland Announces Retirement of SVP Operations, Appoints New Operations Leader

ASH
September 20, 2025
Ashland Inc. announced that Karl Bostaph, Senior Vice President, Operations, will retire on October 1, 2025. Bostaph, who joined Hercules in 1990 before its acquisition by Ashland, led operations through portfolio optimization and a high-impact footprint optimization initiative. Effective immediately, Wayne Muil, Global Director, Operations, Specialty Additives, assumes the role of Senior Vice President, Operations, reporting to Guillermo Novo. Muil brings over 25 years of experience in leading complex manufacturing and supply chain organizations across the chemical industry. Bostaph will serve as a special advisor for operations until his retirement, working with Muil to ensure a smooth transition. This leadership change aims to drive operational excellence, safety, and innovation across Ashland’s global network of production facilities. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.