Press release
October 5, 2010

Evonik Cyro Appoints Strategic Account Managers for Molding Compounds Segments

Evonik Cyro, LLC announces the appointment of Todd Stephens and Jeffery Beach to the positions of Strategic Account Manager – Distribution and Strategic Account Manager – Automotive Segment, respectively. In their new positions, Stephens and Beach will help ensure Evonik Cyro continues to best serve its customers in these market segments.

“We are very excited to have Todd and Jeffery on our team,” said Peter Allread, General Manager, Molding Compounds NAFTA. “Both Todd and Jeffery bring a wealth of experience and knowledge to Evonik Cyro. I am confident they will play key roles in our continued growth and will support our mission to serve the needs of our customers.”

In his new position Stephens will work with Evonik Cyro’s molding compound distribution partners in the U.S. and Canada. Prior to joining Evonik Cyro, Stephens held positions with Ticona, Dow, Bayer, and Huntsman. Stephens earned a BA in Management from Marietta College.

Beach brings an extensive amount of injection molding and automotive industry experience to his new position. He most recently was Director, Marketing and New Business Development at Diamond & Network Polymers. He earned a BA in Mechanical Engineering Technology at the University of Toledo and an MBA from the University of Findlay.

About Evonik

Evonik Industries is the creative industrial group from Germany. In our core business of specialty chemicals, we are a global leader. In addition, Evonik is an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our company’s performance is shaped by creativity, specialization, continuous self-renewal, and reliability. 

Evonik is active in over 100 countries around the world. In its fiscal year 2009 about 39,000 employees generated sales of about €13.1 billion and an operating profit (EBITDA) of about €2.0 billion.


In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.