New Leaf Paper has been acquired by FutureStake, Inc., a Gettysburg, Pa.- based mission-driven company focused on environmental preservation and education. The acquisition will allow New Leaf to reinforce and expand its commitment to environmental sustainability and grow its post-consumer, low-carbon-product offerings.
Michelle Thornton, New Leaf's vice president since 2008, will remain in her role with the company. The company has appointed Yen Lam president and chief information officer; she will assume day-to-day leadership of the company. Jeff Mendelsohn, New Leaf's founder, has stepped down from his role as president and has moved on from the company.
New Leaf Paper will be headquartered in Gettysburg, where it will be a vibrant part of the community, linking the area's important national heritage with its equally important habitat. New Leaf will retain its California office.
New Leaf Paper is an industry leader in post-consumer and sustainable papers.
