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PolyOne Names Financial Chief Patterson To New Chief Operating Post

DOW JONES NEWSWIRES PolyOne Corp. (POL) named Chief Financial Officer Robert M. Patterson to a newly-created chief operating post, where he will head the company's operating and strategic planning efforts. Patterson, 39 years old, has worked as the plastic compounder and resins distributor's head financial officer since joining the company in 2008. Prior to PolyOne, he worked in executive capacities at aluminum product producer Novelis Inc., first as controller and chief accounting officer, then as treasurer. "I'm extremely pleased that Bob will be leading our businesses as COO. He has the business acumen and leadership qualities that will make him successful in this new position," said Chairman and Chief Executive Stephen D. Newlin. The company has hired Richard J. Diemer, 53 years old, to replace Patterson as chief financial officer. Diemer has previously held lead financial roles at both public and privately-held businesses, including Honeywell International Inc.'s (HON) specialty chemicals business. PolyOne last month reported a core fourth-quarter profit that exceeded analyst expectations, with particular strength seen in its performance and distributions businesses. Shares closed Friday at $13.19 and were inactive in premarket trade. The stock is up 14% since the start of the year. -By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stock News for Honeywell (HON)
DateTimeHeadline
08/04/201507:30:00Gabelli & Company’s 21st Annual Aircraft Supplier Conference
07/31/201516:12:00Statement of Changes in Beneficial Ownership (4)
07/31/201516:11:06Statement of Changes in Beneficial Ownership (4)
07/31/201516:09:44Statement of Changes in Beneficial Ownership (4)
07/31/201516:08:54Statement of Changes in Beneficial Ownership (4)
07/31/201514:53:00Honeywell To Present At Jefferies Industrials Conference
07/31/201510:47:00Honeywell Declares Quarterly Dividend
07/30/201516:07:06Form 13f Holdings Report (13f-hr)
07/29/201509:00:00Honeywell Selected By SunExpress Airlines To Maximize Safety...
07/28/201517:58:10Statement of Changes in Beneficial Ownership (4)
07/28/201517:56:55Statement of Changes in Beneficial Ownership (4)
07/28/201516:05:45Statement of Changes in Beneficial Ownership (4)
07/28/201516:05:18Statement of Changes in Beneficial Ownership (4)
07/28/201516:04:26Statement of Changes in Beneficial Ownership (4)
07/28/201516:03:59Statement of Changes in Beneficial Ownership (4)
07/28/201516:03:32Statement of Changes in Beneficial Ownership (4)
07/28/201516:02:38Statement of Changes in Beneficial Ownership (4)
07/28/201508:40:25Precision Castparts Misses Wall Street Views
07/28/201504:58:36Honeywell Pays $5.1 Billion for German-Based Elster -- Update
07/28/201503:20:07Melrose Sells Elster to Honeywell for $5.1 Billion

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