Ceramic Industry News

Momentive Announces Management Changes (posted 1/15/09)

January 15, 2009
/ Print / Reprints /
ShareMore
/ Text Size+

Momentive Performance Materials Inc. recently announced that Anthony S. Colatrella was appointed the new chief financial officer (CFO) of the company, its parent, Momentive Performance Materials Holdings Inc., and certain of its subsidiaries. Since 2007, he has provided operational, financial and M&A consulting services, both domestically and abroad, to public and private equity clients.

From 2005 to 2007, Colatrella served as vice president and chief financial officer of Paxar Corp. During his tenure, Colatrella helped lead the sale of Paxar to Avery Dennison Corp. for a purchase price of approximately $1.34 billion, which represented a 70% return to shareholders and created more than $500 million in shareholder value in two years. From 1997 to 2005, he held a number of financial and operating positions at The Scotts Miracle-Gro Co., including senior vice president of Finance, North America and senior vice president and corporate controller. Prior to 1997, he spent 13 years in various financial and business development roles at United Technologies Corp.

In addition, Momentive announced the appointment of Steven Delarge as president and chief executive officer (CEO) of Silicones Americas, and Shawn Williams as president and CEO of Global Sealants. Prior to these appointments, Delarge and Williams served as Momentive’s CFO and president and CEO of Silicones Americas, respectively.

“We are pleased to announce these leadership changes and are thrilled to have Tony Colatrella join the Momentive team,” said Jonathan Rich, president and CEO of Momentive. “His experience is a terrific fit for Momentive. I am also excited for Steve and Shawn. After six years as CFO of Momentive and its predecessor business, Steve now has the opportunity to run an operating business, and the move for Shawn enables him to lead an important global business.”

Additional information is available at www.momentive.com.

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px