PolyOne Names Stephen D. Newlin Chairman, President and Chief Executive Officer

16-Feb-2006

PolyOne Corporation announced the appointment of Stephen D. Newlin, president of the Industrial Sector of Ecolab Inc., as chairman, president and chief executive officer, effective February 21.

Newlin, 53, brings to PolyOne an extraordinarily strong background in sales and marketing, with a particular focus on supporting the customer through the delivery of value-added products and services. He also has significant experience in international operations, merger and acquisition, integration and change management.

Newlin has been with Ecolab, a specialty chemical company, since 2003. A leading global developer and marketer of premium cleaning, sanitation, pest elimination, maintenance and repair products and services, the St. Paul, Minnesota-based company serves the hospitality, food service, health care and industrial markets. Earlier, Newlin spent more than two decades with Nalco Chemical Company (now Nalco Holding Company), where he ultimately served as president, chief operating officer and a director.

With Newlin's arrival, PolyOne Chairman William F. Patient, who has been serving as CEO, will move into the newly created position of lead director of the board. Patient is a former chairman and CEO of The Geon Company, a predecessor of PolyOne. As non-executive chairman of PolyOne since November 2003, he agreed at the board's request to take on the duties of CEO when Thomas A. Waltermire stepped down as president, chief executive officer and a director on October 7, 2005.

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