Rayonier Advanced Materials Inc 8-K, filed May 5, 2020
Rayonier Advanced Materials Inc. (RYAM)
8-K
2020-05-05
For: 2020-05-05
View Original
Added on
April 11, 2026
About this 8-K
Rayonier Advanced Materials Inc filed this 8-K on May 5, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
COMMISSION FILE NUMBER 001-36285
Incorporated in the State of Delaware
I.R.S. Employer Identification Number 46-4559529
(Principal Executive Office)
Telephone Number: (904 ) 357-4600
Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
Rayonier Advanced Materials Inc.
Table of Contents
Page | |||
Item 8.01 | |||
Item 9.01 | |||
Item 8.01 | Other Events |
On May 5, 2020, Rayonier Advanced Materials Inc. (the "Company") announced that its Board of Directors separated the roles of chair and chief executive officer.
A copy of the Company’s press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.
The information in this Item 8.01 shall not be deemed “filed” for purposes of Section 18 of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
Exhibit Number | Description | |
Press release entitled “Rayonier Advanced Materials Board of Directors Elects De Lyle Bloomquist to Serve as its Chair” issued May 5, 2020. | ||
104 | The cover page from this Current Report on Form 8-K, formatted as Inline XBRL. | |
1
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
Rayonier Advanced Materials Inc. (Registrant) | ||
BY: | /s/ R. COLBY SLAUGHTER | |
R. Colby Slaughter | ||
Vice President, General Counsel and Corporate Secretary | ||
May 5, 2020
2
Exhibit 99.1
Contacts: | ||
Media | Ryan Houck | 904-357-9134 |
Investors | Mickey Walsh | 904-357-9162 |
Rayonier Advanced Materials Board of Directors Elects De Lyle Bloomquist to Serve as its Chair
Jacksonville, Fla., May 5, 2020 - The Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) Board of Directors has elected De Lyle Bloomquist to serve as Chair of the Board. The Company previously announced the separation of the roles of Chair and Chief Executive Officer (CEO). Mr. Bloomquist, currently an independent Director who will stand for re-election to the Board at the 2020 Annual Meeting of Stockholders, will assume the role of Non-Executive Chair following the conclusion of the Company’s Board meeting on May 19, assuming his re-election on May 18. In connection with these changes, the Board will discontinue the role of independent Lead Director. Paul Boynton, who currently serves as Chair, will continue in his role as President and CEO, and as a Director of the Company.
C. David Brown, current independent Lead Director of the Company, stated, “De Lyle has extensive expertise in the global chemicals industry and understands the Company’s business, current challenges and opportunities, as well as its potential for growth and value creation. Since joining the Board in 2014, he has been actively involved in strategic and operational decisions regarding the Company’s business, and the Board believes he is superbly qualified to serve as Non-Executive Chair, while working closely with the senior management team to help guide the Company through its current headwinds and toward a brighter future.”
“De Lyle will be a great leader of our Board, and his service as Chair will allow me to focus even more of my time and attention to the strategic direction of the Company and day-to-day operation of the business,” concluded Mr. Boynton.
About Rayonier Advanced Materials
Rayonier Advanced Materials is a global leader of cellulose-based technologies, including high purity cellulose specialties, a natural polymer commonly found in filters, food, pharmaceuticals and other industrial applications. The Company also manufactures products for lumber, paper and packaging markets. With manufacturing operations in the U.S., Canada and France, Rayonier Advanced Materials employs just over 4,000 people and generates approximately $1.8 billion of revenues. More information is available at www.rayonieram.com.
CORPORATE HEADQUARTERS
1301 Riverplace Boulevard Suite 2300 Jacksonville, FL 32207
904.357.4600 fax 904.357.9101 www.RayonierAM.com