HOUSTON, July 11, 2011 /PRNewswire/ -- Kraton Performance
Polymers, Inc. (NYSE: KRA), a leading global producer of styrenic
block copolymers, today announced the appointment of John J. Gallagher, III and Francis S. Kalman to its Board of Directors,
effective July 5, 2011.
"We are extremely pleased to welcome John Gallagher and Frank
Kalman to the Kraton Board," said Dan F. Smith, Chairman of Kraton's Board of
Directors. "John Gallagher
brings to our Board a wealth of global chemicals and financial
expertise," said Smith. "Frank
Kalman brings to the Board significant experience in global
operations as well as an extensive financial background. We
look forward to their insight, leadership and the benefit of their
wise counsel in the coming years."
Mr. Gallagher is Chief Executive Officer of Stellar CJS
Holdings, LLC, a privately held investment company formed in 2009.
Mr. Gallagher served in various senior executive capacities with
Celanese Corporation from 2005 until 2009, including Executive Vice
President and President, Acetyls and Celanese Asia, from 2007 to
2009, and Executive Vice President and Chief Financial Officer of
Celanese Corporation, from 2005 to 2007. Prior to his service
with Celanese, Mr. Gallagher served in several executive
positions with Great Lakes Chemical Corp., including acting Chief
Executive Officer, CFO and Senior Vice President, Global Supply
Chain. Prior to that time, Mr. Gallagher was Vice
President and CFO of UOP, LLC, a leading international supplier and
licensor for the petroleum refining, gas processing, petrochemical
production and major manufacturing industries, from 1999 to 2001;
served in varying capacities at AlliedSignal, Inc., including CFO,
Bendix Commercial Vehicle Systems Division, from 1995 to 1999; and
worked for the public accounting firm Price Waterhouse, LLP, from
1986 to 1995. Mr. Gallagher has a B.S. in Accounting
from the University of Delaware and is
a certified public accountant.
Mr. Kalman served as Executive Vice President of McDermott
International, Inc. from February 2002 until his retirement in
February 2008, and as Chief Financial Officer from
February 2002 until April 2007. From March 2000 to
February 2002, he was Senior Vice
President and Chief Financial Officer of Vector ESP, Inc. From
April 1999 to March 2000, he was a principal of Pinnacle
Equity Partners, LLC. From February 1998 to April 1999, he was Executive Vice President and
Chief Financial Officer of Chemical Logistics Corporation. From
May 1996 to September 1997, he was Senior Vice President
and Chief Financial Officer of Keystone International, Inc.
Mr. Kalman currently serves as a senior advisor to a private
investment subsidiary of Tudor, Pickering, Holt & Co., LLC,
which specializes in direct investments in upstream, oilfield
service and midstream companies. Mr. Kalman is a principal of
Ancora Partners, LLC, a private equity group. Mr. Kalman
is a director of Ensco plc. He has a B.S. degree in
Accounting from Long Island
University.
ABOUT KRATON
Kraton Performance Polymers, Inc., through its operating
subsidiary Kraton Polymers LLC and its subsidiaries (collectively,
"Kraton"), is a leading global producer of engineered polymers and
one of the world's largest producers of styrenic block copolymers
(SBCs), a family of products whose chemistry was pioneered by
Kraton almost 50 years ago. Kraton's polymers are used in a wide
range of applications, including adhesives, coatings, consumer and
personal care products, sealants and lubricants, and medical,
packaging, automotive, paving, roofing and footwear products. The
company, offers approximately 800 products to more than 700
customers in over 60 countries worldwide, and is the only SBC
producer with manufacturing and service capabilities on four
continents. We manufacture products at five plants globally,
including our flagship plant in Belpre,
Ohio, the most diversified SBC plant in the world, as well
as plants in Germany, France, Brazil and Japan. The plant in Japan is operated by an unconsolidated
manufacturing joint venture. For more information on the company,
please visit www.kraton.com.
Kraton, the Kraton logo and design, and the "Giving Innovators
their Edge" tagline are all trademarks of Kraton Polymers LLC.
(Logo:
http://photos.prnewswire.com/prnh/20100728/DA42514LOGO)
For Further Information:
H. Gene Shiels 281-504-4886
SOURCE Kraton Performance Polymers, Inc.