NOVA Chemicals announces streamlined executive team

07-Aug-2006

NOVA Chemicals Corporation announced that the company's executive leadership team will be streamlined as part of the restructuring announced on June 26, 2006.

Chris Pappas, Senior Vice President and President of Styrenics, has been appointed Chief Operating Officer effective October 1, 2006. Senior Vice President Larry MacDonald will continue as Chief Financial Officer, and Senior Vice President Jack Mustoe will maintain his role as Chief Legal Officer and Corporate Secretary.

Dale Spiess, Senior Vice President and President of Olefins and Polyolefins, and John Wheeler, Senior Vice President and Chief Information Officer, have elected to retire effective September 30, 2006 and August 31, 2006 respectively.

The executive leadership team will be comprised of Pappas, MacDonald and Mustoe, who will report to Jeff Lipton, President and CEO of NOVA Chemicals.

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