Materion Corp (MTRN)

[oldretiredguy]

Form 8-K Current Report Filed Dec 3, 2014

On December 3, 2014, John D. Grampa, Senior Vice President, Finance and Chief Financial Officer of Materion Corporation (the "Company"), gave notice of his plan to retire from the Company prior to the end of 2015. The Board of Directors has appointed Joseph P. Kelley, age 42, as Vice President, Finance and Chief Financial Officer effective January 1, 2015. After Mr. Grampa ceases in his role as Senior Vice President, Finance and Chief Financial Officer, he will be responsible for global procurement, information technology and corporate communications as Senior Vice President, Administration.

Mr. Kelley joined the Company in December of 2011 as Vice President, Finance for the Materion Advanced Materials Group. Prior to joining Materion, Mr. Kelley had served as Vice President of Planning and Investor Relations at PolyOne Corporation, a global provider of specialized polymer materials, services and solutions, since 2009.

In connection with Mr. Kelley's appointment as Vice President, Finance and Chief Financial Officer, he will receive a base salary of $350,000 and will be eligible to participate in the Company's annual management incentive plan and the long-term incentive program.