AKRON, Ohio, Jan. 9, 2012 /PRNewswire/ -- A. Schulman, Inc.
(Nasdaq-GS: SHLM) announced today that Wim
Nagels has been appointed Information Technology Director,
Europe, effective
immediately. Nagels previously was ICT Manager for HighCo
Group Benelux.
In his new role, Nagels will be responsible for leading the IT
function for A. Schulman in Europe
and for developing and implementing the IT strategy consistent with
the Company's global IT strategy. He will report to both
Bernard Rzepka, General Manager and
Chief Operating Officer, Europe,
and John B. Broerman, Vice
President, Chief Information Officer.
"Wim has over 15 years of experience in IT positions of
progressively increasing responsibilities for the European
operations of several major companies. Wim's strong
management and technical background combined with his experience
with acquisition integrations make him an ideal fit for this role,"
Rzepka said.
"Wim's leadership style and communication skills will be key as we
implement our global IT initiatives in our European region,"
Broerman said. "We are excited to have Wim join our team and
look forward to his contributions."
Nagels previously held various IT management positions at HighCo
Group Benelux, Schering-Plough and Unilever. He will be based
at the Company's Shared Service Center located in Londerzeel,
Belgium.
About A. Schulman, Inc.
Headquartered in Akron, Ohio,
A. Schulman is a leading international supplier of high-performance
plastic compounds and resins. These materials are used in a
variety of consumer, industrial, automotive and packaging
applications. The Company employs about 3,000 people and has
35 manufacturing facilities globally. A. Schulman reported
net sales of $2.2 billion for the
fiscal year ended August 31,
2011. Additional information about A. Schulman can be found
at www.aschulman.com.
Cautionary Note on Forward-Looking Statements
A number of the matters discussed in this document that are not
historical or current facts deal with potential future
circumstances and developments and may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements can be identified by
the fact that they do not relate strictly to historic or current
facts and relate to future events and expectations. Forward-looking
statements contain such words as "anticipate," "estimate,"
"expect," "project," "intend," "plan," "believe," and other words
and terms of similar meaning in connection with any discussion of
future operating or financial performance. Forward-looking
statements are based on management's current expectations and
include known and unknown risks, uncertainties and other factors,
many of which management is unable to predict or control, that may
cause actual results, performance or achievements to differ
materially from those expressed or implied in the forward-looking
statements. Important factors that could cause actual results to
differ materially from those suggested by these forward-looking
statements, and that could adversely affect the Company's future
financial performance, include, but are not limited to, the
following:
- worldwide and regional economic, business and political
conditions, including continuing economic uncertainties in some or
all of the Company's major product markets or countries where the
Company has operations;
- the effectiveness of the Company's efforts to improve operating
margins through sales growth, price increases, productivity gains,
and improved purchasing techniques;
- competitive factors, including intense price competition;
- fluctuations in the value of currencies in major areas where
the Company operates;
- volatility of prices and availability of the supply of energy
and raw materials that are critical to the manufacture of the
Company's products, particularly plastic resins derived from oil
and natural gas;
- changes in customer demand and requirements;
- effectiveness of the Company to achieve the level of cost
savings, productivity improvements, growth and other benefits
anticipated from acquisitions and restructuring initiatives;
- escalation in the cost of providing employee health care;
- uncertainties regarding the resolution of pending and future
litigation and other claims;
- the performance of the global auto market; and
- further adverse changes in economic or industry conditions,
including global supply and demand conditions and prices for
products.
The risks and uncertainties identified above are not the only
risks the Company faces. Additional risk factors that could affect
the Company's performance are set forth in the Company's Annual
Report on Form 10-K and the most recent Form 10-Q. In addition,
risks and uncertainties not presently known to the Company or that
it believes to be immaterial also may adversely affect the Company.
Should any known or unknown risks or uncertainties develop into
actual events, or underlying assumptions prove inaccurate, these
developments could have material adverse effects on the Company's
business, financial condition and results of operations. This
document contains time-sensitive information that reflects
management's best analysis only as of the date of this document.
The Company does not undertake an obligation to publicly update or
revise any forward-looking statements to reflect new events,
information or circumstances, or otherwise. Further information
concerning issues that could materially affect financial
performance related to forward-looking statements can be found in
the Company's periodic filings with the Securities and Exchange
Commission.
SHLM_ALL
SOURCE A. Schulman, Inc.