Rayonier Advanced MaterialsAppointment of new CEO and exploration of strategic alternatives to maximize shareholder value; outcome uncertain.
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.
Rayonier Advanced MaterialsAppointment of new CEO and exploration of strategic alternatives to maximize shareholder value; outcome uncertain.
Morgan StanleyMorgan Stanley is assisting the Board in evaluating strategic alternatives, which could lead to advisory fees or deal activity.
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