NOVA Chemicals announces retirement of CEO Chris Pappas and appointment of Todd Karran as CFO

16-Sep-2009 - Canada

NOVA Chemicals announced that Christopher D. Pappas, President and Chief Executive Officer of the Company, has elected to retire effective December 31, 2009. Pappas has been with NOVA Chemicals since 2000 and has been a leader in the chemical industry throughout his 31 year career. The Board expects to announce a new CEO in the coming months.

NOVA Chemicals also announced that Todd D. Karran has been appointed as Chief Financial Officer (CFO), succeeding Larry MacDonald. Karran has been with NOVA Chemicals for 24 years and is currently Treasurer and Vice President Corporate Development. Karran's new role will be effective January 1, 2010.

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