OMNOVA Solutions Inc. announced that it is moving forward with its CEO succession process, and Kevin M. McMullen is stepping down as chairman, chief executive officer and president, and as a member of the board of directors, effective December 1, 2016, to pursue other interests. McMullen will be succeeded by Anne P. Noonan as OMNOVA's president and chief executive officer, effective December 1, 2016. Ms. Noonan will also be appointed to the company's board of directors.

In connection with this leadership transition, the board of directors has determined to separate the chairman and chief executive officer roles, electing William R. Seelbach as the company's independent, non-executive chairman, also effective December 1, 2016. Noonan is currently the president of OMNOVA's Performance Chemicals business. Under her leadership, the segment has significantly improved financial results.

Noonan brings nearly 30 years of experience in the chemicals industry. Prior to joining OMNOVA in 2014, Noonan served as senior vice president and president of Chemtura Corporation's Industrial Engineered Products business segment with over $1 billion in revenues. William R. Seelbach will succeed McMullen as OMNOVA's Chairman.

Seelbach has been a non-executive member of OMNOVA's board of directors since 2002.