JACKSONVILLE,Fla.--(BUSINESS WIRE)--Oct. 19, 2015--
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that
Charles Edward (Eddie) Adair has been elected to its Board of Directors,
Adair has been a Partner of venture capital management companies Cordova
Ventures and Kowaliga Capital Inc. since 1993, where he serves as
manager of venture capital funds. Prior to this, he served as President
and Chief Operating Officer of Durr-Fillauer Medical, Inc. He is
currently a member of the Board of Directors of Tech Data Corporation
and Torchmark Corporation, and previously served on the Board of PSS
World Medical, Inc. Adair is a certified public accountant and holds a
B.S. in Accounting from the University of Alabama.
"We’re pleased to have Eddie Adair join our Board of Directors and look
forward to the benefit of his insight, experience and expertise,” stated
Paul Boynton, Chairman, President and CEO of Rayonier Advanced
Materials. “Eddie’s more than 30 years in financial management and
extensive experience in audit and governance will bring significant
value to our Board and stockholders."
About Rayonier Advanced Materials
Rayonier Advanced Materials is the leading global supplier of
high-purity, cellulose specialties natural polymers 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 annually for use in a wide range of industrial and
consumer products such as filters, cosmetics and pharmaceuticals. Upon
completion of the previously announced strategic realignment of assets
in Jesup, the Company's facilities will have the capacity to produce
approximately 485,000 tons of cellulose specialties and approximately
245,000 tons of commodity products. 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. More information is available at www.rayonieram.com.
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Source: Rayonier Advanced Materials Inc.
Rayonier Advanced Materials Inc.
Mickey Walsh, 904-357-9162