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Raj Gupta, the former Rohm & Haas chief, squeezes fortunes from the wreckage of industrial America


Raj Gupta, the former Rohm & Haas chief, squeezes fortunes from the wreckage of industrial America
Joseph N. DiStefano, The Philadelphia Inquirer
Rajiv L. Gupta’s last day job was as chief executive of Rohm & Haas, the Philadelphia-based chemical giant that vanished in 2009, bought by Dow Chemical Co. for $15 billion.
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At age 75, he is chairman of:
General Motors’ former Delphi auto parts, now called Aptiv, with $14 billion in yearly sales, worth $42 billion on the stock market;The former Tyco International’s Mallinckrodt Baker chemical group, now Avantor, $12 billion in sales, worth $17 billion.At each, he hired top managers, closed or updated aging U.S. and European factories and bought others around the world. He also helped take each firm public by selling shares to outside investors, to the vast profit of himself and his fellow insiders. ....

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