Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces the appointment of Mark J. S. Tonkens as Chief Financial Officer (CFO) and member of the Executive Board effective 1 November 2014. He succeeds Daniel J. Shook who has decided to pursue career opportunities outside Borealis.

Mark J. S. Tonkens joined Borealis in 2009 and last held the position of Senior VP of Group Controlling. He has a Master of Science (MSc) degree in Business Economics and a post graduate Chartered Accountant (Registeraccountant) degree from the University of Groningen in the Netherlands. Before joining Borealis he fulfilled a number of senior management roles in the Royal Philips group as CFO and Senior Vice President of various major global Business Units or Country Organizations located from the Netherlands and Greece in Europe to Taiwan and Hong Kong in Asia.

Mark Tonkens is a Dutch citizen, has three children and lives in Vienna, Austria.

"We welcome Mark to the Borealis Executive Board," comments Mark Garrett, Borealis Chief Executive. "We are looking forward to his contribution to building upon our successful performance over the past years, as well as continuing to strengthen our leading position. At the same time, we would like to thank Dan for his outstanding contribution to the success of Borealis over the past 7 years, wishing him success and enjoyment in his new challenge."