David Stasse Named EVP and Chief Financial Officer of Trinseo

BERWYN, Pa.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24TSE&src=ctag” target=”_blank”gt;$TSElt;/agt; lt;a href=”https://twitter.com/hashtag/CFO?src=hash” target=”_blank”gt;#CFOlt;/agt;–Trinseo
(NYSE: TSE), a global materials solutions provider and manufacturer of
plastics, latex binders and synthetic rubber, has named David Stasse as
Executive Vice President and Chief Financial Officer of the Company,
effective July 1. He also will join the Executive Leadership Team.


Stasse is currently Vice President, Treasury and Investor Relations, for
Trinseo.

“We are extremely pleased to name an executive the caliber of Dave
Stasse as CFO,” said Frank A. Bozich, President and CEO of Trinseo. “His
track record at Trinseo, his strategic and financial acumen, and his
credibility with investors make him ideally suited to take on this role.
Dave has worked closely with Barry Niziolek throughout his tenure, which
will enable a smooth and seamless transition.”

Stasse will replace Barry Niziolek, EVP and CFO, who earlier this year
announced his plans to retire, which also will be effective July 1.

“On behalf of the Board, I want to thank Barry Niziolek for his
leadership in strengthening the Company’s financial performance,
compliance programs and operational discipline during his tenure as
Trinseo’s CFO,” said Frank Bozich, President and CEO of Trinseo. “We
will miss his counsel and we wish him all the best in his well-deserved
retirement.”

Stasse joined Trinseo in 2013 from Freescale Semiconductor Inc. (Nasdaq:
NXPI), where he served as Vice President and Treasurer 2008-2013 and
previously Assistant Treasurer from 2006. Stasse previously served as
First Vice President, Debt Capital Markets, at MBNA Corporation, and as
Treasury Manager of SPX Corporation (NYSE: SPW). He held numerous
financial leadership positions from 1998 to 2004 at Honeywell
International (NYSE: HON), last serving as Director of Corporate Finance.

Stasse holds a Master’s in Business Administration in Finance from The
University of Maryland and a Bachelor’s of Science degree in Business
Logistics from Penn State University. He will continue to be located at
Trinseo’s global operating center in Berwyn, PA.

About Trinseo

Trinseo
(NYSE: TSE) is a global materials solutions provider and manufacturer of
plastics, latex binders, and synthetic rubber. We are focused on
delivering innovative and sustainable solutions to help our customers
create products that touch lives every day — products that are intrinsic
to how we live our lives — across a wide range of end-markets, including
automotive, appliances, consumer electronics, medical devices,
electrical, building and construction, textile, paper and board, and
tires. Trinseo had approximately $4.6 billion in net sales in 2018, with
16 manufacturing sites around the world, and approximately 2,500
employees. For more information visit www.trinseo.com

Note on Forward-Looking Statements

This press release may contain “forward-looking statements” within
the meaning of the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,”
“plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,”
“potential,” “continue,” and similar expressions are intended to
identify such forward-looking statements. Forward-looking statements in
this press release may include, without limitation, forecasts of growth,
revenues, business activity, acquisitions, financings and other matters
that involve known and unknown risks, uncertainties and other factors
that may cause results, levels of activity, performance or achievements
to differ materially from results expressed or implied by this press
release. As a result of the foregoing considerations, you are cautioned
not to place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company undertakes
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.

Contacts

Press contact:
Trinseo
Donna St.Germain
Tel:
+1-610-240-3307
Email: stgermain@trinseo.com

Makovsky
Doug Hesney
Tel: +1 212-508-9661
Email: dhesney@makovsky.com

Investor Contact:
Trinseo
David Stasse
Tel : +1
610-240-3207
Email: dstasse@trinseo.com

error: Content is protected !!