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Styron announced new members to the company's executive leadership

Staff writer |
Midland, Mi., USA - August 31, 2010, Midland, Mi., USA - Styron, a global materials company, has announced that it has named John Sereda as vice president and treasurer, George Osborne as vice president and controller and Richard J. Diemer Jr. as executive vice president and chief financial officer of Styron.

Mr. Diemer was previously the Senior Vice President and CFO of Albemarle Corporation, a $2.5 B specialty chemical company. Mr. Diemer brings to Styron a 25-plus year track record in strong financial and strategic leadership. Prior to joining Styron, he most recently was Senior Vice President and CFO at Albemarle Corporation, based in Baton Rouge, LA, U.S.A.

Mr. Diemer joined Albemarle Corporation in August 2005 and was elected Senior Vice President and Chief Financial Officer effective September 1, 2005. Prior to joining Albemarle, he served as corporate controller of Honeywell International (and predecessor Allied-Signal Inc.), Vice President and CFO of Honeywell's Specialty Materials business, and senior portfolio manager equities for Honeywell Capital Management.

Mr. Diemer is a graduate of the University of Virginia's McIntire School of Commerce and began his business career with KPMG. Over a 17-year career with KPMG, Mr. Diemer spent time in KPMG's New Jersey practice, executive office and London office and served as both an audit and SEC reviewing partner.

Mr. Diemer's role is effective September 7. Celso Goncalves, who is currently CFO of Styron, will remain with the company through year-end to ensure a smooth transition.

Mr. Sereda most recently served as Vice President, Finance, and Treasurer for NOVA Chemicals Corporation, based in Calgary, Alberta and Pittsburgh, Pennsylvania. Mr. Sereda brings to Styron 32 years' experience in banking, treasury operations, natural gas trading, risk management, and finance. He attended the University of Saskatchewan and the University of Toronto, studying economics and banking.


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