Management changes at Nova Chemicals, A. Schulman

September 24, 2009

Christopher Pappas, president and CEO of chemical/plastics supplier Nova Chemicals (Pittsburgh, PA) has announced he will retire effective Dec. 31, 2009. Pappas has been with the company since 2000 and employed in the chemical industry for 31 years. Nova’s board, headed by Mohamed Al Mehairi, expects to announce a new CEO in the coming months. Earlier this year, Nova was purchased by Kuwait’s International Petroleum Investment Corp. (IPIC). The company also announced that Todd Karran has been appointed CFO, succeeding Larry MacDonald. Karran, a 24-year Nova veteran, is currently treasurer and VP corporate development. He will assume his new role Jan. 1, 2010.
Specialty compounder A. Schulman Inc. (Akron, OH) named Oliver Stahl as its North American general manager Engineered Plastics. Just as the company is doing in Europe, Stahl will be tasked with shifting A. Schulman towards a 50:50 mix of automotive and non-automotive business. Stahl joined A. Schulman in 2003 as an account manager for Engineered Plastics Europe, and for the last several months, he has served as sales manager for Engineered Plastics, North America. Prior to that, he acted as business manager in 2006 and sales manager in 2008 for Engineered Plastics, Europe. [email protected]

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