In episode 78, “The Fundamental Cornerstone of Leadership”, Blenheim Partners’ Gregory Robinson speaks to Magnus Nicolin, Managing Director and Chief Executive Officer of Ansell Ltd, employing over 13,000 people across 55 countries and with customers in more than a hundred countries. In a captivating conversation, dialling in from Brussels, Magnus reveals his key learnings from an extensive international career and speaks about the importance of finding something to like about every situation, inner determination and building trust with all stakeholders, all fundamental in seizing opportunities and inspiring success.
Magnus has led Ansell as CEO for the last 11 years and will in the next month hand over to his successor, Neil Salmon. Under Magnus’s leadership, Ansell has been thoroughly transformed into a focused safety company with fully integrated innovation, manufacturing and global sales. Sales have doubled, EBIT increased threefold, while shareholders have seen an average annual TSR of more than 14 per cent.
As market leaders positioned at the heart of the safety products industry, Magnus provides us with a unique perspective into the challenges that Ansell faced and overcame as the COVID-19 pandemic placed unprecedented pressure on the global demand for protective equipment and apparel. He also shares with us an appreciation of the economic shifts happening across the globe and foretells what a post-pandemic world might have in store.
Magnus is also a Director of industrial holding company FAM AB. Prior to his role at Ansell, Magnus was President, Europe, Middle East, Africa and Asia Pacific of Newell Rubbermaid Inc. and Chief Executive Officer of Esselte which he took private with a PE sponsor. He also held senior management positions with Bayer AG, Pitney Bowes and McKinsey & Company.
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