June 18, 2019 – Rayonier Advanced Materials is rejigging its senior management team to drive the company’s go-to-market strategy and accelerate new product commercialization.
Frank Ruperto will assume the role of senior vice-president, high-purity and high-yield cellulose business. Dr. Erin Byers will assume the new role of senior vice-president, research and development; Marcus Moeltner will be promoted to chief financial officer and senior vice-president, finance.
Ruperto has been Rayonier’s chief financial officer since November 28, 2014 and led its finance and strategy group through the company’s successful cost transformation and subsequent acquisition and integration of Tembec. Ruperto was also central to developing Rayonier Advanced Materials’ go-to-market strategy and will now focus on executing that strategy in his new role as senior vice-president, high-purity and high-yield cellulose business.
Byers has gained extensive knowledge of Rayonier Advanced Materials’ customers and their needs while leading the company’s high-purity and high-yield cellulose business. As senior vice-president, research and development, Byers will leverage his knowledge and 35 years of cellulose technical expertise to accelerate Rayonier Advanced Materials’ new product development and commercialization process.
Moeltner joined Rayonier Advanced Materials in November of 2017 as vice-president, corporate development and planning, in connection with the company’s acquisition of Tembec. Moeltner’s knowledge of both the legacy Rayonier and Tembec businesses, strategies, assets and financial drivers make him suited for the CFO role and supporting growth initiatives, says the company in a release.
“Driving growth is a critical part of creating value for our stockholders,” says Paul Boynton, chairman, president and chief executive officer of Rayonier Advanced Materials. “We are repositioning key members of our senior leadership team to focus on the initiatives essential for our future success. I’d like to congratulate all three executives as they assume their new roles and responsibilities.”
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