De Lyle W. Bloomquist, President and Chief Executive Officer of Rayonier Advanced Materials Inc. (RYAM), intends to retire by the company's 2026 Annual Meeting of Stockholders and will not stand for re-election to the Board. Bloomquist will remain in his CEO role to ensure a smooth transition until a successor is named, according to RYAM.
The Board of Directors has initiated a comprehensive search process for a new CEO, engaging the executive search firm Spencer Stuart to evaluate both internal and external candidates.
RYAM is a global leader in cellulose-based technologies.
