PolyOne Shareholders Elect Sandra Beach Lin to Board of Directors, Approve All Proposals Presented at 2013 Annual Meeting
CLEVELAND, May 15, 2013 /PRNewswire-FirstCall/ -- PolyOne Corporation (NYSE: POL), a leading global provider of specialized polymer materials, services and solutions, announced that shareholders at today's annual meeting elected Sandra Beach Lin to the company's board of directors. She will serve on the audit committee and the nominating & governance committee, and her election expands the number of PolyOne directors to 10.
Ms. Beach Lin, 55, retired as president and chief executive officer of Calisolar, Inc. (now Silicor Materials, Inc.), a solar silicon company. She previously held executive roles at Celanese Corporation; Avery Dennison Corporation; Alcoa, Inc.; and Honeywell International, Inc. Ms. Beach Lin currently serves on the boards of directors of WESCO International, Inc. and American Electric Power Company. She earned a bachelor's degree in business administration from University of Toledo in Toledo, Ohio and a master's of business administration from University of Michigan in Ann Arbor, Michigan.
"We are extremely pleased that Sandy has joined PolyOne's board of directors and will bring her strategic insights, experience and perspectives to our already strong board," said Stephen D. Newlin, chairman, president and chief executive officer, PolyOne Corporation. "Her skills and leadership drove growth and success at several leading, public and global companies that were primarily focused in the chemical and specialty materials sectors. Her addition to PolyOne's board provides even greater depth of knowledge and experience as we aggressively pursue our specialization and growth strategy."
In addition, shareholders re-elected the following individuals to serve on the company's board of directors until the 2014 annual meeting: Stephen D. Newlin, Dr. Carol A. Cartwright, Richard H. Fearon, Gregory J. Goff, Gordon D. Harnett, Richard A. Lorraine, William H. Powell, Farah M. Walters and William A. Wulfsohn.
Shareholders also approved, on an advisory basis, the vote on named executive officer compensation, and ratified the appointment of Ernst & Young LLP as PolyOne Corporation's independent registered public accounting firm for the fiscal year ending December 31, 2013.
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