Business

Neo Performance Materials Announces Management and Board Changes

Neo Performance Materials Announces Management and Board Changes Canada NewsWire ...

articleNeo Performance Materials, Inc.July 7, 20204/company/neo-performance-materials-inc/news/neo-performance-materials-announces-management-and-board-changes
Neo Performance Materials Announces Management and Board Changes

About this update from Neo Performance Materials, Inc.

[{"type":"text","content":"\n\n\n\nNeo Performance Materials Announces Management and Board Changes\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, July 7, 2020\n\n\n\nConstantine E. Karayannopoulos Appointed as President and CEO\n TORONTO, July 7, 2020 /CNW/ - Neo Performance Materials Inc. (\"Neo\", the \"Company\") (TSX: NEO), a global leader in the design, development and processing of advanced industrial materials, today announced changes to its executive management team and Board of Directors.\nNeo's Board of Directors is pleased to announce the appointment of Constantine E. Karayannopoulos as President and Chief Executive Officer of the Company, replacing Geoffrey R. Bedford, effective immediately.   Mr. Karayannopoulos has worked in senior executive positions at Neo and its predecessor companies for more than 20 years, including as Director, President, and Chief Executive Officer of Neo Material Technologies (\"NEM\") (TSX:NEM) from 2005 until NEM was acquired in June 2012 for US $1.3 billion. \n\"On behalf of the Board and the management team, I would like to thank Geoff for his decades of commitment and contribution to building the business and driving Neo's ongoing product innovation for which Neo is known around the world,\" said Mr. Karayannopoulos.  \"Neo would not be the robust global advanced materials manufacturer we are today without Geoff's years of leadership as Neo's CFO, COO, and CEO, and we wish him the very best as he embarks on his next chapter.\"\n\"I intend to build on the work that Geoff has done in positioning Neo to take advantage of strategic growth opportunities that are presenting themselves,\" said Mr. Karayannopoulos.  \"With a strong balance sheet, a superb financial partner and shareholder in our corner, and with deep knowledge and relationships in the advanced materials space, Neo is strongly positioned for strategic growth in key global markets.\"\nThe Company is also pleased to announce the appointment of Claire M.C. Kennedy as the ne...

More updates from Neo Performance Materials, Inc.