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Reorganization of SIMONA’s North American Subsidiaries
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LATE BREAKING NEWS  

Reorganization of SIMONA’s North American Subsidiaries
In order to streamline and improve its North American operations and position itself for future growth, including by further acquisitions, the Management Board of SIMONA AG is announcing a new organizational structure in the US.

The operating plants in Newcomerstown and Findlay, Ohio, as well as Archbald, Pennsylvania will unite under SIMONA AMERICA Group, Inc. This newly established holding company under the SIMONA AG corporate brand will be managed by a single senior management team, comprised of: Wolfgang Moyses, Chairman of the Board; Lawrence J. Schorr, Chief Executive Officer; Michael Schmitz, Chief Financial Officer; Dr. Dean Li, Chief Technology Officer; Adam Mellen, Chief Sales Officer and Molly Bridger, Director of Marketing. Subsidiaries within the SIMONA AMERICA Group have also been renamed and their management structures reorganized. Boltaron, Inc. has been renamed SIMONA Boltaron, Inc. with the following leadership changes and resulting leadership team: Dr. Dean Li has been named Chief Executive Officer; Kevin Asti, currently General Manager and Vice President of Operations has been promoted to President and Bob Viereck, Chief Financial Officer.

SIMONA AMERICA, Inc. has been renamed SIMONA AMERICA Industries LLC (SAI) with the following addition and resulting leadership team: Jim Medalie, President of SAI; Artur Hirsch, currently Head of Operations for SIMONA AG’s Plant II Sheets PO Extrusion in Kirn, DE will take on the role of Vice President of Operations and Lynne Anderson, Chief Financial Officer of SAI.

SIMONA AG recently acquired custom extrusion company Premier Material Concepts, LLC, which was renamed SIMONA PMC, LLC. SIMONA PMC will continue to be managed by its current leadership team. The rebranding effort will also include the launch of new logo designs for each subsidiary, in addition to an intensive investment in digital and communication marketing initiatives to enhance the individual brands within the SIMONA AMERICA Group.

For more information, contact Molly Bridger, SIMONA America Inc., 101 Power Boulevard, Archbald, PA 18403, 866-501-2992, E-mail: sales@simona-america.com, Web: www.simona-america.com.

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