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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 5, 1998
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THE GEON COMPANY
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(Exact name of registrant as specified in charter)
Delaware 1-11804 34-1730488
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
One Geon Center, Avon Lake, Ohio 44012
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 440-930-1001
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Not Applicable
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(Former name or former address, if changed since last report.)
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Item 5. Other Events
The Board of Directors of The Geon Company has named Thomas A. Waltermire
president, effective immediately. Waltermire has served since May 1997 as
executive vice president and chief operating officer of Geon, with
responsibility for daily operations.
Item 7c. Financial Statements, Pro Forma Financial Information and Exhibits
Exhibit 99.1 Press Release of February 5, 1998
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE GEON COMPANY
By:\S\GREGORY L. RUTMAN
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Gregory L. Rutman
Secretary
Dated February 11, 1998
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EXHIBIT 99.1
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FOR IMMEDIATE RELEASE
GEON NAMES WALTERMIRE PRESIDENT
CLEVELAND, OHIO -- February 5, 1998 - The Board of Directors of The Geon Company
(NYSE: GON) has named Thomas A. Waltermire president, effective immediately.
Waltermire has served since May 1997 as executive vice president and chief
operating officer of Geon, with responsibility for daily operations.
Additionally, the Board of Directors has nominated Waltermire to stand for
election to the Board at Geon's annual meeting on May 7, 1998.
Waltermire will continue to report to William F. Patient, Geon chairman and
chief executive officer, who previously held the title of president. Waltermire
will retain responsibility for Geon's operating business units, as well as for
health, safety and environmental affairs; human resources; quality; and
information technology.
Waltermire, 48, joined The BFGoodrich Company, former parent company of Geon, in
1974. He held a series of general management and financial positions with
BFGoodrich and its Chemical Group, including president of the elastomers and
latex division, vice president of investor relations and assistant to the
chairman and chief executive officer.
In 1993, when Geon was spun off from BFGoodrich in an initial public offering,
Waltermire was named Geon's senior vice president and treasurer. Later that
year, he became chief financial officer with additional responsibilities for
human resources and information technology. He held that position until his
advancement last year.
Waltermire is a member of the board of the Greater Cleveland Growth Association,
the Business Volunteerism Council and Boys Hope and a graduate of the 1997 class
of Leadership Cleveland. He holds a bachelor's degree in biological sciences
from The Ohio State University and a master of business administration degree
from Harvard University.
The Geon Company is one of the largest suppliers of polyvinyl chloride (PVC)
resins in North America and the world's largest merchant provider of PVC
compounds. Headquartered in Avon Lake, Ohio, The Company and its subsidiaries
employ 2,100 people and have 17 manufacturing plants in the United States and
Canada, and joint ventures in the U.S., Europe, Australia and Southeast Asia.
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Media and Investor Contact: Dennis Cocco
Director of Corporate & Investor Affairs
(440) 930-1538
