Avon Lake, Ohio — North American compounding leader PolyOne Corp. is on the right track in 2016, officials said May 12 at the firm's annual meeting at its headquarters in Avon Lake.
2015 “was yet another year of significant accomplishment of our Four Pillar strategy,” Chairman, President and CEO Robert Patterson said. “We solidified our leadership team and further developed our culture of excellence.”
Patterson added the chairman title at the meeting. Former PolyOne leader Stephen Newlin was attending his last annual meeting in that capacity. Patterson had assumed the president and CEO titles from Newlin in 2014.
The Four Pillars for PolyOne are specialization, globalization, operational excellence and commercial excellence. Other 2015 accomplishments for the firm, according to Patterson, included improving employee safety — shown by a lower injury rate — as well as increasing adjusted earnings per share and refinancing debt with lower interest rates.