CLEVELAND, Aug. 19, 2013 /PRNewswire-FirstCall/ -- PolyOne Corporation (NYSE: POL), a premier provider of specialized polymer materials, services and solutions, today announced the hiring of Michael A. Garratt as senior vice president, president of Performance Products and Solutions.
Mr. Garratt replaces industry veteran and respected PolyOne leader Robert M. Rosenau, who has decided to retire following an exemplary 37-year career.
With more than 20 years of experience in the specialty polymer sector, Mr. Garratt joins PolyOne from Marmon Utility, a Berkshire Hathaway company, where he served as president. Prior to joining Marmon, Mr. Garratt served as chief operating officer of Excel Polymers, where he led a successful business turnaround, resulting in improvements in revenue and profitability.
Mr. Garratt's chemical career began with The Dow Chemical Company, where he served in commercial and marketing roles in Canada and the United States. For 10 years he worked for DuPont Dow Elastomers, a global joint venture, where he held market development and product management positions, culminating in a regional commercial leadership role for Europe, the Middle East and Africa, while based in Geneva, Switzerland and Bad Homburg, Germany.
Mr. Garratt holds a bachelor's degree in applied chemistry from McMaster University in Hamilton, Ontario, Canada, and an MBA from University of Toronto, in Toronto, Ontario, Canada.
"The addition of Michael to our executive team further strengthens our company and brings even more global expertise to drive our strategy and growth objectives," said Robert M. Patterson, executive vice president and chief operating officer. "Throughout his career, Michael has proven his ability to deliver results where innovation and customer service must thrive. His global background and proven success in our industry make him especially qualified to lead our Performance Products and Solutions segment, and we're excited to have him join PolyOne in this key leadership role."
"At the same time, we are grateful for Rob Rosenau's outstanding service to PolyOne and congratulate him on a remarkable career," Mr. Patterson added. "He has made a tremendous and positive impact on PolyOne and our associates. We wish him the best in retirement."
PolyOne Corporation, with 2012 revenues of $2.9 billion, is a premier provider of specialized polymer materials, services and solutions. The company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence. Guided by its Core Values, Sustainability Promise and No Surprises Pledge(SM), PolyOne is committed to its customers, employees, communities and shareholders through ethical, sustainable and fiscally responsible principles. For more information, visit www.polyone.com.
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SOURCE PolyOne Corporation