October 19, 2009 (FinancialWire) — Polymer Group, Inc. (OTCBB: POLGA) said that Robert Kocourek, the company’s chief financial officer, is resigning from PGI to pursue other interests after the company files its form 10-Q for the period ended October 3. Keith Hall, a member of PGI’s board, will be named as interim CFO

Kocourek has agreed to remain with PGI as senior advisor to the CEO until no later than April 16, 2010 during which time he will assist with a smooth transfer of his responsibilities. Hall will serve until a permanent replacement for Kocourek is named.

Hall, a PGI board member since December 2008, was previously CFO of LendingTree, when he retired in 2007. Hall also served as CFO for two NASDAQ-listed software and services companies, Legent and Broadway & Seymour. He also was CFO of Loctite and CFO for a division of United Technologies.

Charlotte, North Carolina-based Polymer Group is a producer of nonwovens, and a supplier to consumer and industrial product manufacturers. The company operates 14 manufacturing and converting facilities in eight countries.

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