Rayonier Advanced Materials Appoints Daniel Krawczyk as CEO

Management
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Summary · why it matters

Rayonier Advanced Materials has appointed Daniel Krawczyk as its new Chief Executive Officer and President, effective immediately. Krawczyk will also join the company's Board of Directors and lead operations while working with the Board and external advisors on exploring strategic alternatives to maximize shareholder value. He brings more than 30 years of experience in industrial and consumer products, most recently serving as President of Huber Engineered Materials at J.M. Huber Corp. The Board continues to evaluate a broad range of strategic alternatives with the assistance of Morgan Stanley, advancing the process with urgency and discipline.

Impact on stocks 3

Synthetic Biology (non-pharma) · 1 stocks
Rayonier Advanced Materials
RYAM
± MixedCapitalrelevance

Appointment of new CEO and exploration of strategic alternatives to maximize shareholder value; outcome uncertain.

Financials · 1 stocks
Morgan Stanley
MS
▲ PositiveCapitalrelevance

Morgan Stanley is assisting the Board in evaluating strategic alternatives, which could lead to advisory fees or deal activity.

Energy Transition & Power Demand · 1 stocks

Off-coverage companies 1

J.M. Huber CorporationPrivate± Mixed
relevance