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PolyOne appoints new interim president, SEM

05 May '18
2 min read
Courtesy: Polyone
Courtesy: Polyone

PolyOne Corporation, a premier provider of specialised polymer materials, services, and solutions, headquartered in US, has announced that the company has appointed Michael A. Garratt as the new president of Specialty Engineered Materials (SEM) on an interim basis. Garratt replaces Craig M. Nikrant, who is pursuing an opportunity outside of PolyOne.

With more than 27 years of experience in the specialty polymer sector, Garratt joined PolyOne in 2013 as president of Performance Products & Solutions (PP&S), where he served until his appointment to chief commercial officer in 2016. As president of PP&S, he established and led much of the commercial excellence efforts that had delivered a 15 per cent annual increase in operating income since his arrival. He further inspired innovation within the segment that led to expansion into specialty applications such as LED lighting and medical device housings.

Garratt holds a bachelor’s degree in applied chemistry from McMaster University in Hamilton, Ontario, Canada, and an MBA from University of Toronto, in Toronto, Ontario, Canada.

Most recently, as chief commercial officer for all of PolyOne, Michael has overseen the significant expansion of commercial resources within the company. Over the last three years, PolyOne has increased sales, marketing and technology associates by more than 20 per cent, driving the largest increase in organic sales growth since coming out of the recession almost ten years ago.

Robert M. Patterson, chairman, president, and CEO, PolyOne Corporation said, “Michael has a proven track record of leading global teams and delivering specialty innovation and growth. I am confident he can accelerate the plans and strategic investments we have in place for SEM until a full-time successor is named.” (GK)

Fibre2Fashion News Desk – India

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