MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--
Materion Corporation (NYSE:MTRN) announced today the transition of
responsibilities for its corporate treasury, investor relations and
secretary functions consistent with its leadership succession process
and the December 31, 2016 retirement of Michael C. Hasychak, Vice
President, Treasurer and Secretary, following a distinguished 35-year
career with the Company.
Effective January 1, 2017, Christopher E. Eberhardthas been
named Vice President, Tax and Treasury. He joined the Company in March
2012 as Vice President, Tax. In addition to his ongoing responsibilities
for Materion's global tax accounting and compliance requirements, Mr.
Eberhardt has assumed leadership for the Company's treasury function
which includes management of its capital structure, risk management,
credit, collections and cash management. Prior to joining Materion, Mr.
Eberhardt served 20 years in leadership tax roles at Associated
Materials LLC, Stoneridge Electronics and in the tax practice of
Deloitte.
Stephen F. Shamrock was named Vice President, Corporate
Controller and Investor Relations. He joined the Company in September
2014 as Vice President, Corporate Controller. Beyond his leadership of
Materion's global financial accounting and control responsibilities, Mr.
Shamrock now leads the investor relations efforts for Materion. Mr.
Shamrock previously held progressively responsible roles over 10 years
at The Goodyear Tire and Rubber Company, where he served as Finance
Director, Western European Regional Controller, Director of Finance and
Strategy, and Director of Global Cash Management. Prior to joining
Goodyear, he spent 10 years in the audit practice with KPMG.
Gregory R. Chemnitz, Vice President, Legal Counsel, has assumed
the additional leadership responsibilities of Corporate Secretary. Mr.
Chemnitz joined Materion in September 2007. During his tenure, his
responsibilities have broadened from leadership of the Company's legal
affairs and compliance, litigation, contracts and negotiations, to
include environmental health and safety, information and physical
security, global trade compliance, and now corporate governance
responsibilities as the Corporate Secretary.
Both Mr. Eberhardt and Shamrock report to Joseph P. Kelley, Materion
Vice President, Finance and Chief Financial Officer and Mr. Chemnitz
reports to Richard J. Hipple, Materion's Chief Executive Officer.
Commenting on the transition, Materion CEO Richard J. Hipple, said,
"Having a planned and orderly succession process is key to the
continuity of our business and in maintaining our relationships with
important external stakeholders, notably banks, insurers, investors and
regulatory agencies. Chris, Steve and Greg are proven leaders at
Materion. These additional responsibilities demonstrate our confidence
in their ability to support an even larger role in the achievement of
our long-term growth strategies. We congratulate them on their broadened
roles and look forward to an even greater contribution to Materion. We
also use this occasion to publicly thank Mike Hasychak for his terrific
leadership and remarkable contribution over many years of dedicated
service to Materion."
Materion Corporation is headquartered in Mayfield Heights, Ohio. The
Company, through its wholly owned subsidiaries, supplies highly
engineered advanced enabling materials to global markets. Products
include precious and non-precious specialty metals, inorganic chemicals
and powders, specialty coatings, specialty engineered beryllium alloys,
beryllium and beryllium composites, and engineered clad and plated metal
systems.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170103006310/en/
Materion Corporation
Investors:
Stephen
F. Shamrock
216-383-4010
stephen.shamrock@materion.com
or
Media:
Patrick
S. Carpenter
216-383-6835
patrick.carpenter@materion.com
or
http://www.materion.com
Mayfield
Hts-g
Source: Materion Corporation
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