-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Pkas85BpULVrkMn+MG1MmVaWKEYr+4p12z63L4/AgL+oQ61L+apQGETrilypVVoM HPZo3fwSrPmj+zPv+d4LSA== 0000950152-07-009542.txt : 20071211 0000950152-07-009542.hdr.sgml : 20071211 20071211152650 ACCESSION NUMBER: 0000950152-07-009542 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071206 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20071211 DATE AS OF CHANGE: 20071211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: POLYONE CORP CENTRAL INDEX KEY: 0001122976 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 341730488 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16091 FILM NUMBER: 071298986 BUSINESS ADDRESS: STREET 1: POLYONE CENTER STREET 2: 33587 WALKER ROAD CITY: AVON LAKE STATE: OH ZIP: 44012 BUSINESS PHONE: 440-930-1000 MAIL ADDRESS: STREET 1: POLYONE CENTER STREET 2: 33587 WALKER ROAD CITY: AVON LAKE STATE: OH ZIP: 44012 8-K 1 l29156ae8vk.htm POLYONE CORPORATION 8-K PolyOne Corporation 8-K
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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):   December 6, 2007
PolyOne Corporation
(Exact Name of Registrant as Specified in Charter)
         
Ohio   1-16091   34-1730488
         
(State or Other
Jurisdiction
of Incorporation) 		  (Commission File No.)   (I.R.S. Employer
Identification No.)
PolyOne Center, 33587 Walker Rd.
Avon Lake, Ohio 44012
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code:
(440) 930-1000
N/A
 
(Former Name or Former Address, if Changed Since Last Report)
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

     
Item 5.02.
  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
     On December 6, 2007, the Compensation and Governance Committee of the Board of Directors of PolyOne Corporation (the “Committee”) approved the performance measures to be used to determine the amounts of the cash incentive awards that may be paid to executive officers of PolyOne for calendar year 2008 under the PolyOne Corporation Senior Executive Annual Incentive Plan. The performance measures relevant to the cash incentive determination for calendar year 2008 for each of the executive officers will be as follows:
                       
 
  Name     Title           Performance Measures  
 
Stephen D. Newlin
    Chairman, President and Chief Executive Officer     •
• 		    PolyOne Operating Income
PolyOne Cash Flow		  
 
Bernard P. Baert
    Senior Vice President and General Manager, Colors and Engineered Materials, Europe and Asia     •

•
• 		    Operating Income of the International Color and Engineered Materials business unit
PolyOne Operating Income
PolyOne Cash Flow		  
 
Michael E. Kahler
    Senior Vice President,
Commercial Development 		    •
• 		    PolyOne Operating Income
PolyOne Cash Flow		  
 
Thomas J. Kedrowski
    Senior Vice President, Operations     •
• 		    PolyOne Operating Income
PolyOne Cash Flow		  
 
Michael L. Rademacher
    Senior Vice President and General Manager, Distribution     •
•
• 		    Operating Income of the Distribution business unit
PolyOne Operating Income
PolyOne Cash Flow		  
 
Robert M. Rosenau
    Senior Vice President and General Manager, Vinyl Compounds     •
•
• 		    Operating Income of the Vinyl Business segment
PolyOne Operating Income
PolyOne Cash Flow		  
 
Kenneth M. Smith
    Senior Vice President and Chief Information and Human Resources Officer     •
• 		    PolyOne Operating Income
PolyOne Cash Flow		  
 
W. David Wilson
    Senior Vice President and Chief Financial Officer     •
• 		    PolyOne Operating Income
PolyOne Cash Flow		  
 
     Executive officers are entitled to receive up to 200% of their target level of incentive opportunity based on the achievement of specified goals relating to these performance measures. After completion of calendar year 2008, the Committee will determine the extent to which the specified goals relating to the performance measures have been achieved and will determine the actual amounts to be paid. The PolyOne Corporation Senior Executive Annual Incentive Plan has been previously filed by PolyOne as an exhibit to a Form 8-K, filed on May 24, 2005.

 

 

SIGNATURES
     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.
Date: December 11, 2007
         
  POLYONE CORPORATION
 		  
  By /s/ Lisa K. Kunkle    
  Name:   Lisa K. Kunkle   
  Title:   Vice President, General Counsel and Secretary   
 

 

-----END PRIVACY-ENHANCED MESSAGE-----