Rayonier Advanced Materials explores strategic alternatives, CEO resigns

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Go back to Rayonier Advanced Materials explores strategic alternatives, CEO resigns

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

April 20, 2026 8:00 AM EDT

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... More