PolyOne Hires Richard N. Altice as President of Designed Structures and Solutions

May 15, 2015, 09:00 ET from PolyOne Corporation

CLEVELAND, May 15, 2015 /PRNewswire/ -- PolyOne Corporation (NYSE: POL), a premier provider of specialized polymer materials, services and solutions, today announced the hiring of Richard N. Altice as senior vice president, president of Designed Structures and Solutions (DSS), the company's specialty sheet, rollstock and packaging solutions business segment.

"We are extremely pleased to have Rich join PolyOne's leadership team," said Robert M. Patterson, president and chief executive officer, PolyOne Corporation.  "DSS is entering an important phase of its transformation into a specialty business.  Rich is a proven performer, who will lead DSS with a results-oriented approach that will deliver improved innovation, service, quality, and value to our customers."

Mr. Altice has nearly 30 years of extensive experience, primarily focused on driving growth through innovative product development and commercial excellence at global specialty chemical companies. He joins PolyOne from Hexion Inc., where he served as vice president, Epoxy Specialties, and delivered significant expansion in sales and profitability.  Mr. Altice previously worked at Solutia Inc., advancing through commercial roles, P&L responsibilities and executive positions, ultimately serving as president and general manager of the company's Technical Specialties division.  Mr. Altice holds a bachelor's of science degree in chemical engineering from Missouri University of Science and Technology.

"I'm excited to have been selected to lead this next phase of DSS's transformation and growth," Mr. Altice said.  "The innovative technologies and services offered within DSS are exceptional, and the potential for collaboration and increased customer value through the broader PolyOne portfolio is limitless."

Mr. Altice replaces Julie A. McAlindon, who is leaving the company after five years of dedicated service.  "Julie played a key role in transforming and evolving PolyOne's marketing function to support our specialty strategy," Mr. Patterson said.  "We also appreciate her service during our first stage of the Spartech integration, and wish her all the best in her future endeavors."

About PolyOne

PolyOne Corporation, with 2014 revenues of $3.8 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 PledgeSM, 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



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