RYAM News & Events

Rayonier Advanced Materials (RYAM) announced that its board of directors has appointed Scott Sutton as CEO and president, effective January 5. Sutton will also join the company's board of directors. Sutton was the former president and CEO of Olin (OLN).

Rayonier Advanced Materials announced that President and Chief Executive Officer De Lyle W. Bloomquist has informed the Board of Directors of his intention to retire by the time of the Company's 2026 Annual Meeting of Stockholders, expected in May 2026. Mr. Bloomquist also confirmed he will not stand for re-election to the Company's Board of Directors. To ensure continuity and a smooth transition, Bloomquist will remain in his role as CEO until a successor is appointed. The Board has launched a comprehensive search process and engaged Spencer Stuart, a leading executive search firm, to assist in identifying and evaluating both internal and external candidates. This process reflects the Board's commitment to strong governance and long-term value creation.

Reports Q3 revenue $353M, consensus $373.6M. "Our third quarter reflects the strength of our core business and the resilience of our teams executing through a dynamic backdrop," said De Lyle Bloomquist, President and CEO of RYAM. "The core Cellulose Specialties business performed as expected, approaching normalized levels. The transitory pressures we faced earlier in the year continue to ease, and we're seeing clear signs of stabilization across demand, operational performance and costs. The momentum we've built exiting the third quarter reinforces the durability of our platform and the progress we're making in positioning RYAM for sustainable growth.

Quanex (NX) announced the appointment of Gabriela Garcia as chief accounting officer, effective. In this role, Garcia will lead the company's global accounting function and will oversee financial reporting and compliance, internal controls, tax, and accounting policies while driving operational efficiency across the finance function. Garcia most recently served as chief accounting officer and corporate controller at Rayonier Advanced Materials (RYAM) from 2020 to 2025.