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PolyOne appoints Robert Patterson as BoD chairman

18 Mar '16

2 min read

PolyOne Corporation, a leading global provider of specialised polymer materials, services, and solutions, has announced that its Board of Directors has elected PolyOne's president and CEO Robert M. Patterson to serve in the additional role of chairman of the Board of Directors, effective May 12, 2016.

Patterson will succeed Stephen D. Newlin, current executive chairman and former president and CEO of PolyOne. Richard H. Fearon, vice chairman and chief financial and planning officer at Eaton, will continue to serve as lead director.

Robert Patterson joined PolyOne in 2008 as senior vice president and chief financial officer, where he was responsible for global treasury, planning, M&A, accounting, internal audit functions, and investor relations. In 2012, he was promoted to executive vice president and chief operating officer, and in 2014 he succeeded Stephen D. Newlin as president and CEO. Before joining PolyOne, Mr. Patterson served in leadership roles at Novelis, Inc., and SPX Corporation, after starting his career at Arthur Andersen LLP, according to a press release.

Newlin said, “Since becoming president and CEO and joining the Board in 2014, Patterson has demonstrated the leadership, judgement, and acumen required to serve as chairman. The Board and I are very confident in his ability to lead the next phase of PolyOne's specialty transformation.” (GK)

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