Gingo steps down as Schulman head, Rzepka steps up

Joseph Gingo is stepping down as head of materials supplier A. Schulman Inc.

Gingo, 69, is retiring as Schulman’s president and CEO on December 31, 2014, but will continue as the firm’s chairman of the board.

Gingo will be replaced as president and CEO by longtime Schulman executive Bernard Rzepka, 54.

“Throughout Bernard’s 22-year career with A. Schulman, he has shown outstanding leadership and dedication to customer relationships,” Gingo said in a statement. “His operational expertise and strong commitment to our growth strategy have helped create significant value for our customers and shareholders. Most recently, as executive vice president and chief operating officer, he has successfully led our global operations as we have continued to execute our aggressive organic growth initiatives and integrate various acquisitions that have strengthened our Company. Prior to his role as COO, Bernard successfully managed our largest and most profitable business segment – Europe, Middle East and Africa.”

Gingo has been president and CEO of Akron, Ohio-based Schulman since January 1, 2008, and was named chairman of the board on February 26, 2008.