Nova CEO Jeff Lipton to Retire; Chris Pappas Named Successor

Nova Chemicals says CEO Jeff Lipton will retire on May 1, 2009 and will be succeeded by president and COO Chris Pappas. Lipton, who was appointed CEO in July 1998, will remain a member of the company’s board of directors until its next annual meeting, Nova says. “On behalf of Nova Chemicals and the board, I would like to thank Jeff for his exceptional leadership of our company and substantial contributions to the industry,” says James Stanford, board chairman. “We are pleased to have someone of Chris’s caliber ready to step in and...

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