|
|
|
|
|
20.04.26 - 14:06
|
Rayonier Advanced Materials Announces Comprehensive Strategic Alternatives Review to Maximize Shareholder Value (Business Wire)
|
|
|
Establishes Interim Office of the Chief Executive OfficerJACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (“RYAM” or the “Company”) today announced that the Company is engaged in a formal process to explore strategic alternatives to maximize shareholder value. In connection with the strategic alternatives review, the Company has engaged Morgan Stanley & Co. LLC as its financial advisor and Wachtell, Lipton, Rosen & Katz as its legal counsel.
The Company also announced that its Board of Directors (“Board”) has established an interim Office of the Chief Executive Officer (“OFC”) following the resignation of President and CEO Scott M. Sutton, effective immediately. The OFC will comprise current executives to guide the Company through this transition period, including Marcus J. Moeltner, Chief Financial Officer and Senior Vice President of Finance; Michael Osborne, Vice President of Manufacturing Operations; Christian Ribeyrolle, Senior Vice President of Biomaterials; and ...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03.03.26 - 22:21
|
RYAM Reports Fourth Quarter 2025 Results (Business Wire)
|
|
|
Net Sales for the fourth quarter of $417 million, down $5 million from prior year quarter
Loss from Continuing Operations for the fourth quarter of $21 million, a decline of $5 million from prior year quarter
Adjusted EBITDA from Continuing Operations for the fourth quarter of $46 million, down $5 million from prior year quarter
Total Debt of $779 million and Net Secured Debt of $715 million with a covenant net secured leverage ratio of 3.9 times
Year-to-date Cash Provided by Operating Activities of $24 million; negative Adjusted Free Cash Flow of $88 million
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today reported results for its fourth quarter and year ended December 31, 2025.
“2025 was a challenging year for RYAM,” said Scott Sutton, President and Chief Executive Officer of RYAM. “Various disruptions and a difficult demand environment pressured volumes, earnings and cash generation, and we delivered full-year revenue of $1.5 billion, Adj...
|
|
|
|
|
|
|
18.02.26 - 22:18
|
RYAM Schedules Fourth Quarter 2025 Earnings Release (Business Wire)
|
|
|
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE: RYAM) plans to release its fourth quarter 2025 earnings on Tuesday, March 3, 2026, after the market closes.
RYAM will host a conference call and live webcast at 9:00 a.m. ET on Wednesday, March 4, 2026, to discuss these results. Supplemental materials and access to the live audio webcast will be available at www.RYAM.com. A replay of this webcast will be archived on the company's website shortly after the call.
Investors may listen to the conference call by dialing (800) 715-9871 (U.S. & Canada Toll-Free) or +1 (646) 307-1963 (International) and entering Conference ID 3159397.
An audio replay of the teleconference will be available one hour after the call ends. To access the replay, please dial +1 (800) 770-2030 (U.S. & Canada Toll-Free) or +1 (609) 800-9909 (International) and enter Playback ID 3159397 followed by the # key. The replay will be available until 11:59 p.m. ET on Wednesday, March 11, 2026.
About RYAM
RYAM is the global ...
|
|
|
06.01.26 - 22:48
|
Scott Sutton Resigns from Celanese Board of Directors as He Steps into a CEO Role (Business Wire)
|
|
|
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE) (the “Company” or “Celanese”), a global chemical and specialty materials company, today announced that Scott Sutton has resigned as a member of the Celanese Board of Directors in connection with his appointment as Chief Executive Officer of Rayonier Advanced Materials Inc.
“Scott leveraged his deep industry and company experience and immediately contributed to the Board's oversight of the aggressive actions taken by management. We sincerely thank him for his contributions to Celanese not only during his service as a Director but also as a past employee. We wish him all the best in his new CEO role. His engagement with me and the Board has been extremely beneficial,” said Scott Richardson, CEO and President, Celanese Corporation. “Celanese continues to benefit from an experienced Board of Directors overseeing our disciplined strategic execution, and we are confident we are taking the right steps to create sustained value for shareholde...
|
|
|
|
|
05.01.26 - 13:33
|
Rayonier Advanced Materials Announces the Appointment of Scott M. Sutton as Chief Executive Officer (Business Wire)
|
|
|
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (“RYAM” or the “Company”) today announced that its Board of Directors has appointed Scott M. Sutton as Chief Executive Officer, and President, effective January 5, 2026. Mr. Sutton will also join the Company's Board of Directors.
Mr. Sutton, former President and Chief Executive Officer of Olin Corporation, brings more than three decades of global leadership experience in the chemicals and materials sectors, including a proven track record of operational excellence, disciplined capital allocation, and transformative value creation. During his tenure at Olin, he led the company through significant business platform upgrades, strengthened its financial position, and advanced key strategic initiatives that improved the company's competitive positioning and enhanced shareholder value.
“Scott is a highly respected leader with deep industry expertise and a demonstrated ability to drive performance in complex operating environments,...
|
|
|
|
|
10.12.25 - 22:15
|
RYAM Announces Executive Transition (Business Wire)
|
|
|
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), a global leader of cellulose-based technologies, announced that President and Chief Executive Officer De Lyle W. Bloomquist has informed the Board of Directors of his intention to retire by the time of the Company's 2026 Annual Meeting of Stockholders, expected in May 2026. Mr. Bloomquist also confirmed he will not stand for re-election to the Company's Board of Directors. To ensure continuity and a smooth transition, Bloomquist will remain in his role as CEO until a successor is appointed.
The Board has launched a comprehensive search process and engaged Spencer Stuart, a leading executive search firm, to assist in identifying and evaluating both internal and external candidates. This process reflects the Board's commitment to strong governance and long-term value creation.
“On behalf of the Board, I want to extend our sincere gratitude to De Lyle for his leadership and contributions to RYAM over ...
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
