SABIC Innovative Plastics Names Charlie Crew President and CEO

BERGEN OP ZOOM, The Netherlands – May 20, 2008 – SABIC Innovative Plastics today announced that Charlie Crew has been promoted to president and CEO of the company, effective immediately. Crew will lead the multi-billion-dollar engineering thermoplastics business with operations in more than 25 countries and over 10,500 employees worldwide. Crew succeeds Brian T. Gladden who left the company to pursue other opportunities.

“We are pleased to name a proven, influential leader such as Charlie as president and CEO of our thermoplastics business,” said SABIC Vice Chairman and CEO Mohamed H. Al-Mady. “Charlie is well-known throughout the industry, and is a highly respected leader across the entire SABIC organization.”

Crew has had a long and accomplished career with the company. He joined GE Plastics in 1977 as an account manager, and over the years he has held a variety of roles of increasing responsibility. Crew was president and chief executive officer of LNP* Engineering Plastics, and served as vice president and general manager of the Cycolac* and Geloy* resins and petrochemicals business. He led the European operations as president and senior managing director of GE Plastics Europe, Middle East, and Africa, and also was vice president and general manager commercial operations for GE Plastics Americas. Most recently Crew was vice president and general manager of SABIC Innovative Plastics’ global ventures business. Crew graduated from Villanova University in Pennsylvania with a bachelor’s degree in marketing.

“This internal promotion underscores the depth of our management team and the strength of our succession plan,” continued Al-Mady. “Charlie is a seasoned executive with more than 30 years in the plastics business, ensuring continuity of leadership within this critical business.”

SABIC Innovative Plastics was launched in 2007 following the acquisition of GE Plastics.

Reader enquiries