Plus   Neg

Trinseo CEO Christopher Pappas To Retire In 2019 - Quick Facts

Trinseo S.A. (TSE), a manufacturer of plastics, latex binders and synthetic rubber, said Tuesday that Christopher Pappas, President and Chief Executive Officer, has announced his plans to retire in 2019.

Trinseo's Board of Directors is engaged in ongoing succession planning and intends to name a successor soon. Pappas plans to help support a smooth and seamless transition to the company's next CEO.

Pappas said, "I am extremely proud of all that we have accomplished at Trinseo in the last eight years - from the Company's formation in 2010 via spin-off from Dow Chemical, through its ownership by private equity with Bain Capital Partners, to an initial public offering and listing on the NYSE in 2014, followed by further expansion through acquisition and market-driven growth."

Pappas has had a 40-plus year distinguished career in the chemicals and plastics industry. In his role as Trinseo's President and CEO, he led the company's formation and global growth.

Pappas started his career at Dow Chemical Company, and later moved to senior leadership roles at DuPont Dow Elastomers LLC, and NOVA Chemicals Corporation where he held roles including Chief Operating Officer and President and CEO.

He was named to lead Trinseo, formerly known as Styron, in March 2010, and assumed the role in June 2010 upon the sale of Trinseo from Dow to Bain Capital Partners. Pappas also serves on the Board of Directors for FirstEnergy Corp. (FE) and Univar Inc. (UNVR).

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Starbucks Inc. has announced changes to its Starbucks Rewards loyalty program, noting that the revamp will provide its members with more flexibility and choice when they redeem stars at the company's stores. Starting on April 16, all members of the Starbucks Rewards loyalty program will be able to earn and redeem Stars for Rewards immediately after they join the program. Payment processing giant Visa Inc. is seeking a Technical Product Manager with expertise in cryptocurrency and blockchain for its cryptocurrency team. The company has listed a job opening on San Francisco-based recruiting software firm SmartRecruiters to find the manager for Visa Fintech. IBM announced the launch of IBM Blockchain World Wire, a real-time global payments network, aiming to support payments and foreign exchange in more than 50 countries. The network provides real time clearing and settlement using both stable coin backed by U.S. dollars and cryptocurrency.
Follow RTT