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

Small is beautiful in Nissei's newest press

November 21, 2014 2:14 pm ET

Responding to customer demand for flexibility, Japanese plastics-equipment manufacturer Nissei Plastic Industrial Co. Ltd. is demoing a caster-...    More

Image

Three advancements have driven injection molding technology

November 21, 2014 6:00 am ET

Injection molding technology has made major advances in the last 25 years, from largely a world of shoot-and-ship to doing as much as possible at the ...    More

Image

Renners leaving Sumitomo (SHI) Demag

November 21, 2014 10:01 am ET

Christian Renners is leaving injection molding press manufacturer Sumitomo (SHI) Demag Plastics Machinery GmbH, the company announced Nov. 21.    More

Image

Dow reaches agreement with Third Point

November 21, 2014 9:11 am ET

Dow Chemical Co. has reached an agreement with the investment firm that has been trying to force the company to sell off some assets.More

Image

Ineos making its UK shale play

November 21, 2014 9:29 am ET

Chemical giant Ineos Group AG is planning to be the biggest player in the United Kingdom's shale gas industry.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events