March 06, 2015 12:59 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of Polymer Group, Inc.

Company Overview

Polymer Group, Inc. develops, produces, and markets engineered materials in the United States, Canada, Europe, Asia, and Latin America. The company operates through Americas Nonwovens, Europe Nonwovens, Asia Nonwovens, and Oriented Polymers segments. The company offers nonwoven products, including top sheets, transfer layers, backsheet fabrics, leg cuff fabrics, sanitary protective facings, and absorbent pads for hygiene applications, such as incontinence guard, panty shield, and absorbent core applications; and nonwoven healthcare products for use in disposable surgical packs, surgical gowns and drapes, face masks, shoe covers, and wound care sponges and dressings. It also produces nonwoven...

9335 Harris Corners Parkway

Suite 300

Charlotte, NC 28269

United States

Founded in 1994

4,000 Employees

Phone:

704-697-5100

Fax:

704-697-5116

Key Executives for Polymer Group, Inc.

Chief Executive Officer, President and Director
Age: 45
Chief Financial Officer, Executive Vice President and Treasurer
Age: 40
President of Apac & Global Hygiene
Age: 57
President of Americas & Global Wipes & Technical Specialties
Age: 46
President of Emea & Global Building & Geosynthetics
Age: 47
Compensation as of Fiscal Year 2014.

Polymer Group, Inc. Key Developments

Polymer Group, Inc. Announces Resignation of Anjan Mukherjee, Board of Directors

On December 23, 2014, Anjan Mukherjee resigned from the Board of Directors of Polymer Group, Inc. effective immediately. His resignation was not due to any disagreement with the company.

Polymer Group, Inc. Amends Article III Section 1 of the Company's Amended and Restated Bylaws

On December 11, 2014, the Board of directors of Polymer Group, Inc. amended Article III, Section 1 of the Company's Amended and Restated Bylaws to increase the size of the Board from seven to eight.

Polymer Group, Inc. Elects Peter N. Foss Director

Polymer Group, Inc. announced that, On December 11, 2014, the Board elected Peter N. Foss as a director to fill the vacancy created by the increase in the size of the Board. Mr. Foss will serve until the 2015 annual meeting of stockholders of the Company and his successor is duly elected and qualified, or his earlier resignation or removal, in accordance with the Company's Bylaws. The Board will determine at a later date any committees of the Board to which Mr. Foss will be named. Mr. Foss has served General Electric Company in a variety of roles over his 36 year career. Currently, Mr. Foss is the General Manager of the GE/NFL Research Project within GE Healthcare, a unit of General Electric Company.

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