AT Plastics Announces Management Appointments.BRAMPTON, ONTARIO--(BUSINESS WIRE)--Dec. 16, 1999-- AT Plastics Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :ATP ATP: see adenosine triphosphate. ATP in full adenosine triphosphate Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms. .) (AMEX AMEX See: American Stock Exchange :ATJ) announced today that Mr. Andrew J. Smith, Chairman of the Board, will become interim President and CEO and Mr. Geff Perera, previously Chief Financial Officer of Rexene Corporation, will become interim Vice President, Finance and CFO, effective December 31, 1999. The Board of Directors announced that it would move immediately to plan an equity issue. Mr. J.G. (Geoff) Clarke and Mr. Jim Donaghy have decided to retire from their respective offices of President and CEO, and Vice President, Finance and CFO effective December 31, 1999. Mr. Clarke will assume the office of Executive Vice Chairman of the Board with responsibility for identifying long-term strategic growth opportunities. Mr. Donaghy will continue as a director of the Company. About the Company AT Plastics develops and manufactures specialty plastics raw materials and fabricated products. The Company operates in specialized markets where its product development and process engineering have allowed it to develop proprietary and patented technologies, and to establish international niche market positions. AT Plastics' shares are listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. , under the trading symbol "ATP", and on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. , under the trading symbol "ATJ." |
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