Board of Directors

NOVA Chemicals Corporation’s Board of Directors is responsible for: 

  1. Protecting the interests of the stakeholders
  2. Providing guidance to management
  3. Monitoring the effectiveness of management’s policies and decisions
  4. Overseeing the execution of the corporation’s strategy

Board Members

Musabbeh Al Kaabi is the Chief Executive Officer of Petroleum and Petrochemicals of Mubadala Investment Company and the NOVA Chemicals’ Chairman of the Board.

Timothy Breen is the Executive Director of Technology, Manufacturing and Mining of Mubadala Investment Company and is Chairman of the NOVA Chemicals’ Remuneration Committee and a member of the Audit Committee.

Faris Al Mazrui is the head of Mubadala Investment Company’s Russia Investment Program and Moscow office and a member of the NOVA Chemicals’ Audit Committee and Remuneration Committee.

Stephen Soules is the President, CEO and Director of Synchronicity Energy and is Chairman of NOVA Chemicals’ Audit Committee and a member of the NOVA Chemicals’ Remuneration Committee.

Luis Sierra is the President and Chief Executive Officer of NOVA Chemicals.

Maurizio La Noce is a senior advisor at Mubadala Investment Company.

Committees of the Board

The Board has established two standing committees and delegated certain of its responsibilities to each of the Committees.  The Audit Committee and the Remuneration Committee each have a charter which delineates their specific responsibilities.

Corporate Policies

NOVA Chemicals Corporation is committed to maintain a high standard of corporate governance.All directors, officers, employees and agents of NOVA Chemicals Corporation and its subsidiaries must act in accordance with our Business Conduct Policy – our Code of Conduct, a comprehensive set of expectations, obligations and responsibilities relating to ethical conduct, conflicts of interest and compliance with law. In addition, we have adopted a Code of Ethics that applies to our Chief Executive Officer and Senior Financial Officers, which establishes additional expectations, obligations and responsibilities for such officers.