Trinseo S.A. (NYSE:TSE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)Departure of Directors
On May 15, 2017, Jeannot Krecké announced his intention to resign as a member of the board of directors of Trinseo S.A. (the “Company”) for personal reasons effective May 22, 2017. There are no disagreements between Mr. Krecké and the Company.
ITEM 8.01Other Events.
In response to Mr. Krecké’s resignation the Company filed additional definitive proxy materials to remove Mr. Krecké as a Board nominee standing for election at its 2017 annual general meeting of shareholders.
About Trinseo S.A. (NYSE:TSE) Trinseo S.A. is a materials company. The Company operates under two divisions: Performance Materials and Basic Plastics & Feedstocks. The Performance Materials division’s segments include Synthetic Rubber, Latex and Performance Plastics. The Latex segment produces styrene-butadiene latex (SB latex) for coated paper and packaging board, carpet and artificial turf backings, as well as a number of performance latex applications. The Synthetic Rubber segment produces synthetic rubber products used in tires, with additional applications in polymer modification and technical rubber goods, including conveyer and fan belts, hoses, seals and gaskets. The Performance Plastics segments produces highly engineered compounds and blends for automotive end markets, as well as consumer electronics, medical, electrical and lighting, collectively consumer essential markets (CEM). The Basic Plastics & Feedstocks segment includes styrenic polymers, polycarbonate (PC) and styrene monomer. Trinseo S.A. (NYSE:TSE) Recent Trading Information Trinseo S.A. (NYSE:TSE) closed its last trading session up +2.70 at 66.55 with 790,227 shares trading hands.