Company Website:
http://www.trinseo.com
BERWYN, Pa. -- (Business Wire)
Trinseo
(NYSE: TSE), a global materials solutions provider and manufacturer of
plastics, latex binders and synthetic rubber, today announced that
Philip R. Martens and Ruth Springham will join the company’s Board of
Directors, effective September 1, 2016.
Phil Martens is the former CEO of Novelis, an $11 billion aluminum
producer based in the U.S. In 2013, Martens received the CEO of the Year
award at the Platt Global Metals Awards. Prior to joining Novelis,
Martens held various senior executive roles at ArvinMeritor and Ford
Motor Company. Mr. Martens serves as Chairman of the Board of Graphic
Packaging Holding Company (NYSE: GPK), a leading provider of packaging
solutions for a wide variety of products to food, beverage and other
consumer products companies, where he has been director since November
2013. Additionally, he has been a director at Plexus Corporation
(NASDAQ: PLXS) since November 2010. Mr. Martens holds an MBA from the
University of Michigan and a Bachelor of Science degree in mechanical
engineering from Virginia Polytechnic Institute.
Ruth Springham is a Director at Bain Capital Luxembourg, with
responsibilities related to corporate governance and mergers and
acquisitions. Prior to joining Bain Capital in 2004, she held management
roles at Thomson Reuters and Eurostat. Ms. Springham holds a Master of
Arts degree from the University of Glasgow. She is on the board of
several Luxembourg-based fund complexes and holding companies.
“We are extremely pleased to welcome directors of Phil and Ruth’s
caliber to the Trinseo Board of Directors,” said Chris Pappas, president
and CEO of Trinseo. “Phil has extensive senior executive experience at
manufacturing companies with worldwide operations as well as significant
public board experience. Ruth’s directorship experiences will provide
Trinseo with ongoing corporate governance expertise. Phil and Ruth will
be valuable additions to our continued development as an independent
publicly traded company.”
About Trinseo
Trinseo (NYSE: TSE) is a global materials solutions provider and
manufacturer of plastics, latex binders, and synthetic rubber. We are
focused on delivering innovative and sustainable solutions to help our
customers create products that touch lives every day – products that are
intrinsic to how we live our lives – across a wide range of end-markets,
including automotive, consumer electronics, appliances, medical devices,
lighting, electrical, carpet, paper and board, building and
construction, and tires. Trinseo had approximately $4.0 billion in
revenue in 2015, with 18 manufacturing sites around the world, and more
than 2,200 employees.
Note on Forward-Looking Statements
This release may contain “forward-looking statements” within the
meaning of the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,”
“plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,”
“potential,” “continue,” and similar expressions are intended to
identify such forward-looking statements.By their nature,
forward-looking statements involve risks and uncertainties because they
relate to events and depend on circumstances that may or may not occur
in the future, including risks and uncertainties relating to the
consummation of the proposed offering by the Selling Shareholder and the
repurchase by the Company and the risks identified, or incorporated by
reference, in the prospectus supplement or accompanying prospectus.As
a result of the foregoing considerations, you are cautioned not to place
undue reliance on these forward-looking statements, which speak only as
of the date of this release. All forward-looking statements are
qualified in their entirety by this cautionary statement. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160831006507/en/
Contacts:
Press contact:
Trinseo
Donna St. Germain, +1
610-240-3307
stgermain@trinseo.com
or
Investor
Contact:
Trinseo
David Stasse, +1 610-240-3207
dstasse@trinseo.com
Source: Trinseo
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