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Rayonier Advanced Materials Names Daniel Krawczyk CEO, Continues Strategic Alternatives Review

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Rayonier Advanced Materials (RYAM) said Monday its board appointed Daniel Krawczyk as chief executive officer and president, effective immediately.

Krawczyk, who most recently served as president of Huber Engineered Materials, will also join the board and will oversee the company's operations and business activities while working with directors and external advisors as part of Rayonier Advanced's ongoing review of strategic alternatives.

Rayonier Advanced said the board continues to evaluate a range of strategic alternatives with the assistance of Morgan Stanley (MS), adding that the review process is well underway.

Price: $8.26, Change: $-0.79, Percent Change: -8.73%

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