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-0.0195886385896181 -0.0195886385896181 0.00391772771792352 0.0425759059745347 0.0489715964740451 0.0421155729676787 -0.0367286973555338 -0.161606268364349
Stock impact report

Rayonier Advanced Materials Announces Comprehensive Strategic Alternatives Review to Maximize Shareholder Value

Rayonier Advanced Materials Inc. (RYAM) 
Last rayonier advanced materials inc. earnings: 2/25 08:29 pm Check Earnings Report
US:NYSE Investor Relations: investors.rayonieram.com
Company Research Source: Business Wire
Establishes Interim Office of the Chief Executive Officer JACKSONVILLE, 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 Biomateria Show less Read more
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