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

EPA fines RI polymer company

August 29, 2014 1:20 pm ET

A Rhode Island polymer manufacturer has reached a $60,000 settlement with the U.S. Environmental Protection Agency (EPA) for violating federal clean...    More

Image

Haitian's standardization efforts paying off

August 29, 2014 9:53 am ET

Streamlined design efforts and robust export sales helped propel Ningbo, China-based injection molding machine manufacturer Haitian International...    More

Image

Updating a travel icon for the professional millennial

August 29, 2014 11:44 am ET

As part of a drive to expand its customer base to include more millennials, Airstream Inc. turned to the Columbus College of Art & Design's...    More

Image

American Starlinger-Sahm begins work on new US headquarters

August 29, 2014 10:18 am ET

American Starlinger-Sahm Inc., which sells equipment for woven plastic bag production, PET recycling equipment, sheet extrusion and laminating lines...    More

Image

Chinese compounders seek market shares, often at the expense of margins

August 29, 2014 10:02 am ET

China's largest compounder, Kingfa Sci. & Tech. Co. Ltd., as well as its more automotive-focused counterparts Shanghai Pret Composites Co. Ltd. and Ch...    More

Market Reports

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

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events