TOPIC: “Establishing and Nurturing Corporate Culture”
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SPEAKER:
Christopher D. Pappas,
President and CEO,Trinseo
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Mr. Pappas’ presentation will focus on defining and building a corporate culture. He will begin by explaining the guiding principles Trinseo’s management team established and culture survey conducted six months after the Company’s carve out. These items were the basis for Trinseo’s organizational design and leadership model which has shaped its culture. Mr. Pappas will discuss employee relations and communications, which are the heartbeat of how a culture lives. He will talk about how Trinseo’s brand is the manifestation of its culture, how it was created, and why the name changed from Styron in conjunction with the Initial Public Offering in 2014. Finally Mr. Pappas will reflect on challenging areas that could have been improved and items the Company continues to focus on.
About our Speaker:
Mr. Pappas joined Trinseo as President and Chief Executive Officer in June 2010. Prior to joining the Company, Mr. Pappas held a number of executive positions at NOVA Chemicals of increasing responsibility from July 2000 to November 2009, most recently as President and Chief Executive Officer from May 2009 to November 2009, President & Chief Operations Officer from October 2006 to April 2009 and Vice President and President of Styrenics from July 2000 to September 2006. Before joining NOVA Chemicals, Mr. Pappas was Commercial Vice President of DuPont Dow Elastomers where he joined as Vice President of ethylene elastomers in 1995. Mr. Pappas began his chemicals career in 1978 with Dow where he held various sales and managerial positions until 1995.
Mr. Pappas is currently a member of the Board of Directors of FirstEnergy Corp. (NYSE: FE) and Univar, Inc. (NYSE: UNVR), and he is a former member of the board of directors for Methanex Corp., NOVA Chemicals Corporation, and Allegheny Energy, Inc. Mr. Pappas holds a Bachelor of Science degree in Civil Engineering from the Georgia Institute of Technology and an MBA from the Wharton School of Business at The University of Pennsylvania.
Trinseo Overview
After going public in June 2010 at $19 per share Trinseo has seen its share price rise to over $55 per share as sustainable and rising earnings from its more commoditized Basic Plastics and Feedstocks division and earnings growth from its more specialized Performance Materials division have become validated in the equity market. From its roots as a carve out, $5 billion "startup company" in 2010 to its fully public stand alone status today, with Bain capital having recently exited its position via a series of secondary equity sales in 2016, Trinseo has had an intense focus on leveraging its roots while establishing its own cultural identity- an identity that the executive team believed was critical for the success of the company.
Trinseo is a global materials solutions provider and a manufacturer of plastics, latex binders, and synthetic rubber. We are focused on delivering innovative and sustainable solutions to help our customers create products that touch lives every day - products that are intrinsic to how we live our lives - across a wide range of end-markets, including automotive, consumer electronics, appliances, lighting, electrical, carpet, paper and board, building and construction, and tires. Trinseo had approximately $4.0 billion in revenue in 2015, with 15 manufacturing sites around the world, and approximately 2,300 employees.