RYAM Announces Executive Transition

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 the past four years,” said Lisa Palumbo, Chair of RYAM’s Board of Directors. “He has been instrumental in advancing our BioFuture vision and positioning the Company for sustainable growth. The Board remains fully confident in RYAM’s strategy and, through our succession planning, is committed to appointing a new CEO who will continue to drive innovation, operational excellence, and shareholder value.”

Source: Business Wire