Clearwater Paper Corporation announced that its board of directors (the “board”) has unanimously elected Arsen S. Kitch, the company’s senior vice president and general manager of its consumer products division, as its next CEO, effective April 1, 2020. Upon becoming CEO, Mr. Kitch will be appointed to the board.
Mr. Kitch will succeed Linda K. Massman, who has informed the board of her decision to retire from Clearwater Paper after serving in the CEO position since January 2013. She previously served as the company’s president and chief operating officer from 2011 to 2013 and as chief financial officer from 2008 to 2011.
In addition, the company announced that Alexander Toeldte will transition from chair to independent executive chair of the board, effective March 1, 2020, to ensure an effective leadership transition.
The company has initiated a comprehensive search process to identify and evaluate potential candidates to be the company’s next general manager of its consumer products division.
Clearwater Paper manufactures quality consumer tissue, away-from-home tissue, parent roll tissue, bleached paperboard and pulp at manufacturing facilities.
