
Clay Ellis transitions to Board Advisor after leading Global Cellulose Fibers through standalone business establishment.

Clay Ellis transitions to Board Advisor after leading Global Cellulose Fibers through standalone business establishment.

The company plans closures in Illinois, California and New Jersey and will end preprint work at its Richwood, Kentucky, facility.

Permanent closure set for August 14, 2026, with folding carton production ceasing.

Karlsson will join the group executive management team and will succeed Magnus Örnberg, who will remain with the company until early 2027.

Malin Nygren permanently assumes role effective 1 July 2026 after serving as interim VP since March.

Former Huber Engineered Materials president led $2 billion in M&A and joins Board amid strategic review.

Kate Pearlman joins as Senior Vice President, Investor Relations & Treasury from Lowe's.

Jeffrey S. Lorberbaum to retire after 25 years as CEO, remaining Chairman of the Board.

Larry M. Venturelli succeeds Philip R. Martens, who retires after serving as chairman since May 2016.

The $5.3 million project will add a 30,000-square-foot building, install a thermal-treating kiln and a double-bladed bandsaw, and is expected to boost log purchases and product output.

Restructuring follows profitability decline with 72 employees facing termination or duty changes.

The expansion is backed by approximately $42 million in CDE investments, unlocking up to $16.5 million in tax credits and increasing employment from 140 to about 220 full-time equivalent positions.

Executive vice president and chief financial officer Alan Haughie plans to retire and will serve in an advisory capacity through February 2027.

New leader brings 25 years of manufacturing and industrial experience from roles at Alvarez & Marsal and Garnica Plywood Group.

Kristoffer Ljungfelt is stepping down from the role of CEO by mutual agreement

He will join the Group Executive Team, report to President and CEO Massimo Reynaudo and be based in Helsinki after serving as CEO of Coolbrook since 2022.

Alan Haughie to retire after seven years, remaining as advisor through February 2027 to support annual report completion.

Global reductions total 123 positions, down from original 150 estimate, targeting $15 million in annual savings.

Fluff pulp continues normal operations as two remaining lines become core to the unit's long-term strategy.

Lukoshus will oversee SLB’s accounting and financial reporting, bringing experience from Smithbucklin and public accounting.