A. Schulman, Inc. SHLM today announced that its Board of Directors has extended Joseph M. Gingo's
employment agreement by two years, to December 31, 2014. Gingo will continue to serve as the Company's Chairman, President and Chief Executive Officer. His previous contract was set to expire at the end of December 2012.
"The directors of A. Schulman are exceedingly pleased with the agreement extending Joe Gingo's tenure as Chairman, President and Chief Executive Officer. This ensures continuity of the outstanding leadership that Joe has provided the Company, and allows additional time for the Board of Directors to continue pursuing its thorough and disciplined succession plan for leadership beyond 2014," said John B. Yasinsky, lead independent chairman of the Board.
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