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CURRICULUM VITAE Peter A.A.

van Steen

Personal Details:
Name: Address: Peter van Steen Krekelberg 96 4708 KP Roosendaal the Netherlands +31.6.46338621 +31.165.555935/+31.165.396196 pvansteen@home.nl June 13th, 1958 Dutch Married, 5 children

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Inspiring leader and pragmatic business manager with 32 years of experience in the plastics and specialty silicones industry. Broad experience as business leader with P&L responsibility for different businesses up to 250 MM (includes Sales & Marketing, Technology, Technical Service, Application Development and Product Management). Extensive experience as Commercial Leader/Director for business up to 350 MM . Proven commercial leadership in both B2B as well as B2C. C level negotiation skills. Strong drive for financial results through top line growth and bottom line improvements (cost reduction, efficiency improvements). Ability to develop and grow talent in the organization. Ability to manage different complex challenges at the same time. (Crisis, growth, cost containment). Excellent relationship builder with external business partners (suppliers, customers, influencers).

Professional Career Summary:


December 2006 Present: Momentive Leverkusen, Germany
Momentive Performance Materials, formerly known as GE Advanced Materials was acquired in December 2006 by the Apollo Investment Group. In October 2010 the company merged with Hexion Specialty Chemicals, another Apollo owned company. The new Momentive employs over 10,000 people worldwide, an annual turnover of $7.5 Billion, with global headquarters in Columbus Ohio (USA).

July 2009 Present: Global Sourcing Director Indirects Leverkusen, Germany Driving deflation and globalization (leverage spend) on a $ 700 MM budget. Achieved $ 17 MM deflation in the first year vs. target of $ 10 MM and $ 14 MM deflation in the second year vs. target of $ 3.6 MM. Eliminated over $50MM of not critical spend. Coaching 15 people Direct report to the Executive Vice President of procurement. June 2007 July 2009: Business Director SR&S EMEA&I Leverkusen, Germany Driving top line and bottom line growth for a 250 MM budget. Achieved high single digit growth numbers (7-9%) vs. targets of 5-6%. Grew margins by 10% per year. Introduced new high margin products/applications, which generated additional $ 20 MM business in 2009 and 2010. Led a team of 30 people, including sales/marketing/product /technical managers. Direct report to the President & CEO of Momentive Performance Materials EMEA&I. 1

October 2006 June 2007:

Commercial Director Specialties Europe Leverkusen, Germany (prior to December 2006: GE Bayer Silicones) 350 MM Revenue budget, grew top line 7% and bottom line by 10%. Led team of 70 employees, including sales/account and global account managers. Direct report to the President & CEO of Momentive Performance Materials EMEA&I. July 1998 December 2006: GE Bayer Silicones Leverkusen, Germany
GE Bayer Silicones is part of GE Advanced Materials, which is a division of the General Electric Company. Turnover GE is $ 170 Billion, turnover GE Advanced Materials is $ 2.5 Billion, with headquarters in Wilton Connecticut (USA). GE Bayer Silicones is a JV between GE and Bayer with GE owning 50.1% of the shares. Turnover GE Bayer Silicones is 600 MM , with headquarters in Leverkusen, Germany and employs 1,200 people.

October 2005 October 2006:

Business Leader Core Products EMAE Leverkusen, Germany Maximized commodity sales based on available capacity and maximizing margins for a 200 MM business. Achieved 32 MM pure price, which is a 15% margin improvement, through a selective distribution network and customer base. Led a team of 15 employees, including sales/account/product and technical managers. Direct report to the CEO of GE Bayer Silicones EMEA&I and dotted line to the Global President & CEO GE Advanced Materials. May 2002 October 2005: Commercial Leader Core Products Bergen op Zoom, the Netherlands Double digit top line growth for 2 consecutive years on a 175 MM budget. Led a team of 9 sales people and 1 product manager. Direct report to the Business Leader Core products. March 2001 May 2002: European Sales Distribution Leader Bergen op Zoom, the Netherlands Set up a complete new distribution network for GE Bayer Silicones for specialty products. Budget 100 MM , grew top line by 38%. Led team of 5 distribution specialists. Direct report to the Commercial Director of GE Bayer Silicones. February 1999 March 2001: Product Manager Core Products Bergen op Zoom, the Netherlands Responsible for total product portfolio management in Core, including pricing responsibility. Simplified the business, by rationalizing 40% of the Stock Keeping Units (SKUs), lowered inventories and increased inventory turns to 12, resulting in 20% lower working capital. July 1998 February 1999 Technology Manager Sealants and Fluids Leverkusen, Germany Focused entirely on synergies between the 2 companies after the formation of the JV, by completely reorganizing the technology department. Reduced staff by 25 people, and eliminated 3 layers, whilst still meeting the technology goals of introducing new products by using six sigma tools. Led a team of 30 people (after the reorganization), consisting of technology specialists and laboratory technicians.

August 1987 July 1998

GE Silicones Europe Bergen op Zoom, the Netherlands

GE Silicones is a subdivision of GE Plastics, which is a division of the General Electric Company. Turnover of GE Silicones is $ 1 Billion globally, with 1,500 employees worldwide and 250 employees in Europe.

July 1992 July 1998

Technology and Application Manager Bergen op Zoom, the Netherlands Driving new product introductions and new applications for Sealants, Fluids, Rubber, Emulsions and Antifoams. Additionally responsible for getting GE Silicones construction products qualified at

architects. Member of international ISO committee for construction products. Led a team of 15 people, consisting of technology/technical specialists and technicians. August 1987 July 1992 European Quality Manager Bergen op Zoom, the Netherlands. Driving total quality management within GE Silicones Europe. Set up ISO 9002 in 1988 for GE Silicones, being the first silicone producer in the world to obtain this certificate. Led a team of 30 people throughout Europe (Quality Assurance specialists/technicians, Quality Control specialists/technicians). January 1980 August 1987 GE Plastics Bergen op Zoom, the Netherlands
GE Plastics is one of the 6 divisions of the General Electric Company with an annual turnover of app. $ 20 Billion globally and $ 5 Billion in Europe. GE Plastics Europe headquarters is in Bergen op Zoom and employs 2,000 people.

April 1984 August 1987

(Senior) Product Development Specialist Xenoy/Noryl Bergen op Zoom, the Netherlands Developed new impact modifiers for mainly Xenoy, which resulted in new Xenoy blends used for fenders in Ford cars. January 1980 April 1984 Quality Control Specialist Bergen op Zoom, the Netherlands Upgraded two laboratories with new state of the art equipment to better control and adjust critical parameters in the chemical process of producing raw materials for plastics and resins.

Education:
High School (HAVO), Gertrudis Lyceum Roosendaal, the Netherlands.(1970-1975) Higher Chemical School, Instituut voor Hoger Beroepsonderwijs Breda, the Netherlands. Exams in 1978 (Hoger Laboratorium Onderwijs). Chemical Technology, PBNA Technisch Chemicus, Arnhem, the Netherlands, Exams in 1985. Technical University Twente, Chemical Engineering, post HBO course 2 years.(1986/1987)

General Electric Corporate Courses/Training:


2000: 1999: 1998: 1997: 1997: 1996: 1994: 1988: Leading into a new ERA (Executive Management Course) Advanced Manager Course Marketing Masters X-Strategy Commercial Finance Leadership Finance for non-financial managers Certified Six Sigma greenbelt New Manager Development Course Building People Management Skills

Language skills:
Dutch: English: German: French: Native Fluent Very good Adequate

Momentive Qualifications:
2005: 2004: 2003: 2000: 1996: 1994: 1993: 1992: WoW award; Price & Margin Improvement Core Management Award; Pure Price General Management Award Management Award; Construction Person of the year Technology Significant Achievement Award Technology Excellence Award Technology Significant Achievement Award General Management Award

References:
Golnar Motaharipour, Business Manager - Emerald Performance Materials E: g.motaharipour@yahoo.com; T: +31.630805433 Ian Moore, President Americas Momentive Performance Materials E: ian.moore@momentive.com , T: +1.518.2332217 Joerg Krueger, Global Operations Leader Momentive Performance Materials E: Joerg.krueger@momentive.com , T:+49.1726557119 Eric Thaler, Chief Technology Officer Momentive Performance Materials E: eric.thaler@momentive.com, T:+1.518.5334630 Shawn Williams, President & CEO Global Sealants Momentive Performance Materials E: shawn.williams@momentive.com , T:+1.518.5334746

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