Trinseo makes leadership changes

Trinseo, a materials company that supplies latex and synthetic rubber products to tyre manufacturers, has announced a number of leadership changes. All changes are effective 1 November 2015.

Martin Pugh, currently senior vice president and Business President for Performance Materials, has been named executive vice president and chief operating officer (COO) of Trinseo. He will report to Chris Pappas, president and CEO of Trinseo. In this newly created interim role, Pugh will elevate his focus to stimulate and support cross-business optimization initiatives; lead, mentor and partner with the new Business Presidents on key strategic business issues; and support strategic efforts across the company.

In addition Hayati Yarkadas will join Trinseo as senior vice president and business president, Performance Materials. He will report to Pugh. Yarkadas was most recently senior vice president and general manager, Europe, for Tate & Lyle. Prior to that, he worked for DuPont in a series of sales and marketing manager roles, and later was Global Business director for Advanced Glass Interlayers, and general manager of the DuPont Teijin Films joint venture. He has a master’s degree in Mechanical Engineering from Istanbul Technical University, and an MBA from Imperial College London. Yarkadas will join the Executive Leadership Team (ELT) and be based in Horgen, Switzerland.

“The additions of Hayati Yarkadas and Tim Stedman as Business Presidents will add tremendous experience and industry knowledge to further our business strategies,” said Pappas. “As Trinseo continues to mature as a public company, these moves will add depth to our executive leadership.”

At the same time Francesca Reverberi, global business director, Synthetic Rubber, has been named Global Business Director for the newly created Basic Plastics business. She will have global business responsibility for the Styrenic Polymers (including Polystyrene, ABS and SAN) and Polycarbonate businesses.

Celso Magri, marketing manager, Styrenic Polymers, Europe/MEA, has been named global product director, Basic Plastics. He will have global product management responsibility for Styrenic Polymers (including Polystyrene, ABS and SAN) and Polycarbonate. Magri joined Trinseo in 2013 as Styrenic Polymers marketing manager for Europe. He has more than 20 years of experience in marketing, sales and business development in Dow Europe and Rohm and Haas. He has a master’s degree in Engineering from Escola Politecnica-USP, and an MBA from London Business School. He will report to Reverberi and remain located in Horgen, Switzerland.

“These changes to our executive leadership team reflect Trinseo’s continued maturation as a public company,” said Chris Pappas, President and CEO of Trinseo. “We are establishing the COO position as an interim role as the company implements a number of strategic initiatives that must be integrated into our businesses. Martin Pugh’s broad industry experience makes him the ideal executive to drive these strategic initiatives.”

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