Styron, the global materials company and manufacturer of plastics, latex and rubber, today announced the appointment of David Stasse as Vice President and Treasurer of Styron effective July 29, 2013. He will be a member of the Styron Leadership Team.
Stasse joins Styron from Freescale Semiconductor Inc. (NYSE: FSL), a global leader in embedded processing solutions, providing industry leading products that are advancing the automotive, consumer, industrial and networking markets, where he served as Vice President and Treasurer since 2008 and previously Assistant Treasurer from 2006. Stasse previously served as First Vice President, Debt Capital Markets, at MBNA Corporation and as Treasury Manager of SPX Corporation (NYSE: SPW). He held numerous financial leadership positions from 1998 to 2004 at Honeywell International (NYSE: HON), last serving as Director of Corporate Finance. Stasse previously held Logistics Analyst positions at both Bose Corporation and H. Muehlstein & Co. early in his career.
“We are extremely pleased to name a Treasurer with David’s senior strategic experience within complex global organizations,” said John Feenan, Executive Vice President and Chief Financial Officer of Styron. “His extensive experience with capital structure, liability management, cash management, investments, insurance and financial planning will take our Treasury organization to the next level.”
Stasse holds a Masters in Business Administration in Finance from The University of Maryland and a Bachelor’s of Science degree in Business Logistics from Penn State University.
He will be located at Styron’s global operating center in Berwyn, PA.
Styron is a leading global materials company and manufacturer of plastics, latex and rubber, dedicated to collaborating with customers to deliver innovative and sustainable solutions. Styron’s technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Styron had approximately USD 5.5 billion in revenue in 2012, with 20 manufacturing sites around the world, and 2100 employees. More information can be found at www.styron.com.