28-07-2016 14:19 via news.yahoo.com

Turkey's Petkim appoints new CEO, media says predecessor detained in coup plot

Turkey's biggest petrochemicals company Petkim said on Thursday its chief executive had resigned, and the state-run news agency said he had been detained in connection with a failed coup. Petkim, owned by Azerbaijan's Socar, said in a stock-exchange filing that Anar Mammadov has become CEO after his predecessor, Saadettin Korkut, resigned. A spokeswoman at the company, based in Aliaga, Turkey, confirmed Korkut's resignation but declined to comment on the reports of his detention.
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