PolyOne names new chief operating officer

Published: March 12, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers, NPE 2012

AVON LAKE, OHIO (March 12, 12:15 p.m. ET) — Compounder and distributor PolyOne Corp. has announced two changes in the executive suite.

The Avon Lake-based company said Robert M. Patterson has been promoted to executive vice president and chief operating officer. In addition, Richard J. Diemer has joined PolyOne as senior vice president and chief financial officer, succeeding Patterson as CFO.

Patterson, 39, will have primary responsibility for developing and executing PolyOne’s annual operating plans and strategic plans. Patterson will have accountability for the success of PolyOne’s four business segments, and each segment president will report to him.

Patterson previously served as executive vice president and CFO at PolyOne, after joining the company in 2008 as senior vice president and CFO. Prior to PolyOne, he served in executive roles at aluminum producer Novelis, first as controller and chief accounting officer, then as treasurer.

“I’m extremely pleased that Bob will be leading our businesses as COO. He has the business acumen and leadership qualities that will make him successful in this new position,” Stephen D. Newlin, PolyOne chairman, president and CEO, said in a statement. “I look forward to leading this company with Bob, as we continue our transformational strategy to accelerate profitable growth at PolyOne through innovative and specialized solutions.”

Diemer, 53, joins PolyOne with more than 30 years of experience in global business leadership, including financial management, operational finance, accounting, financial reporting, audit, corporate governance, investor relations and risk management. He has held CFO roles at both public and privately held global specialty businesses, including Styron LLC and Albemarle Corp., as well as for Honeywell’s Specialty Chemicals business segment.


Comments

PolyOne names new chief operating officer

Published: March 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

DuPont investing $100 million for more ethylene copolymer capacity

September 16, 2014 1:51 pm ET

Increased packaging demand is leading materials giant DuPont Co. to spend more than $100 million to increase capacity for ethylene copolymers at its...    More

Image

Flexibility for complexity key for Brampton

September 16, 2014 11:26 am ET

Blown film machinery maker Brampton Engineering Inc. is well positioned to meet growing demand for complex film structures, highly customized...    More

Image

Latvian plastics recycler Nordic Plast boosts capacity

September 16, 2014 10:15 am ET

Latvian plastics waste recycler Nordic Plast Ltd. has invested more than 2.5 million euros ($3.2 million) to expand capacity and modernize production ...    More

Image

US plastics machinery market still gaining strength in second quarter

September 15, 2014 5:01 pm ET

U.S. plastics machinery shipments in the second quarter continued to outperform activity in 2013, according to data from Society of the Plastics...    More

Image

Sabic, Chinese Academy of Sciences sign five-year development agreement

September 15, 2014 11:54 am ET

Ties between one of the world's biggest oil producers and one of its biggest consumers grew tighter Sept. 12 with the announcement of a five-year agre...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events