PolyOne Hires Christopher Pederson as President, Specialty Engineered Materials

CLEVELAND, Nov. 12, 2018 /PRNewswire/ -- PolyOne Corporation (NYSE: POL), a premier provider of specialized polymer materials, services and solutions, today announced the hiring of Christopher L. Pederson as senior vice president, president of Specialty Engineered Materials.  Michael A. Garratt had been serving in this role on an interim basis and will now resume his prior position as the company's chief commercial officer.

With more than 25 years of experience in engineered materials, Mr. Pederson has leveraged both his highly-technical expertise and P&L business leadership to great success.  He began his career at Boeing where he served in various composite product development and engineering roles for high-profile military aircraft programs over a 10-year period.  Mr. Pederson later joined Cytec, where he led composite product development for the Americas and Asia Pacific regions, served as vice president of R&D, and ultimately was promoted to vice president of Cytec's global Aerospace Engineered Materials business, which included P&L responsibility.  His most recent role was as vice president of Strategy at Hexcel Corporation, where he was responsible for the company's M&A strategy and execution.

Mr. Pederson holds a bachelor's of science in chemical engineering from University of Washington, a master's of science in chemical engineering from University of Delaware, and an MBA from University of Southern California.

"Chris has distinguished himself through his proven leadership skills, deep technical expertise in composites, and forward-thinking approach to customer service and delivering growth," said Robert M. Patterson, chairman, president and CEO, PolyOne Corporation. "Engineered materials remain at the core of our specialty portfolio and key technology platforms for growth in the future. We're thrilled he's joined PolyOne to help serve our customers who utilize these crucial, high-performance technologies."

About PolyOne

PolyOne Corporation (NYSE:POL), with 2017 revenues of $3.2 billion, is a premier provider of specialized polymer materials, services and solutions. The company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence. Guided by its Core Values, Sustainability Promise and No Surprises Pledge^SM, PolyOne is an ACC Responsible Care^® certified company committed to its customers, employees, communities and shareholders through ethical, sustainable and fiscally responsible principles. For more information, visit www.polyone.com.

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SOURCE PolyOne Corporation

Investor Relations - Joe Di Salvo, Vice President, Investor Relations, PolyOne Corporation, +1 440-930-1921, giuseppe.disalvo@avient.com; Media Contact - Kyle G. Rose, Vice President, Corporate Communications, PolyOne Corporation, +1 440-930-3162, kyle.rose@avient.com