Specialty Chemicals Veteran to Lead Sales, Marketing, Strategic
Sourcing and R&D Efforts
JACKSONVILLE, Fla.--(BUSINESS WIRE)--
Rayonier Advanced Materials (NYSE:RYAM) announced today that Thomas
Benner is joining the company as Senior Vice President, Commercial,
effective October 6, to lead the sales and marketing, strategic sourcing
and R&D departments of its Performance Fibers business.
Benner joins Rayonier Advanced Materials from Solvay in Lyon, France
where, for the past four years, he served as the President of Solvay's
Silica business. In this role, he was responsible for a global business
with eight manufacturing plants in seven countries. As President, he
delivered significant growth in EBITDA through volume and price
improvements and led successful efforts that drove innovation, resulting
in new products and process improvements.
"I'm confident that Tom's knowledge and focus on the commercial aspects
of our business will help us maximize the value we deliver to our
stockholders,” stated Paul Boynton, Chairman, President and CEO of
Rayonier Advanced Materials. “His sales, marketing and strategic
sourcing background coupled with his chemical industry experience will
help us grow our Performance Fibers business as we work to further
develop differentiated products, continue to improve upon our history of
excellent customer support and place our installed capacity into the
market.”
“I’m excited to join Rayonier Advanced Materials at this remarkable
point in the company’s long history,” said Benner. “With their global
leadership position, incremental capacity and growing demand for their
products, Rayonier Advanced Materials has a great future. I look forward
to helping the company continue building value for its stockholders.”
Benner has a Bachelor of Science degree in chemical engineering from
Penn State University and an MBA from Columbia University.
Certain statements in this document regarding anticipated financial,
legal or other outcomes including business and market conditions,
outlook and other similar statements relating to Rayonier Advanced
Materials’ future events, developments or financial or operational
performance or results, are "forward-looking statements" made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 and other federal securities laws. These forward
looking statements are identified by the use of words such as "may,"
"will," "should," "expect," "estimate," "believe," "intend,”
"anticipate" and other similar language. However, the absence of these
or similar words or expressions does not mean that a statement is not
forward-looking. While management believes that these forward-looking
statements are reasonable when made, forward-looking statements are not
guarantees of future performance or events and undue reliance should not
be placed on these statements.
About Rayonier Advanced Materials
Rayonier Advanced Materials is the leading global supplier of
high-purity, cellulose specialties products, a natural polymer for the
chemical industry. Working closely with its customers, the
company engineers natural polymeric chemical chains to create dozens of
customized high-purity performance fibers at its plants in Florida and
Georgia. Rayonier Advanced Materials’ intellectual property and
manufacturing processes have been developed over 85 years, resulting in
unique properties and very high quality and consistency. The
company’s facilities can produce up to 675,000 metric tons of cellulose
specialties products for use in a wide range of industrial and consumer
products such as filters, cosmetics and pharmaceuticals. Rayonier
Advanced Materials is consistently ranked among the nation’s top 50
exporters and delivers products to 79 ports around the world, serving
customers in 20 countries across five continents.
Rayonier Advanced Materials
Media
Russell Schweiss,
904-357-9158
or
Investors
Beth Johnson, 904-357-9136
Source: Rayonier Advanced Materials
