Business Context and Reporting Period
Company: Rayonier Advanced Materials Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: May 5, 2020
Principal Executive Office: Jacksonville, Florida
Key Financial Metrics
This filing is a current report regarding corporate governance and does not contain financial statements. The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
On May 5, 2020, the Board of Directors announced a separation of the roles of Chair and Chief Executive Officer. De Lyle Bloomquist was elected to serve as the new Chair of the Board.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The press release referenced in Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the identity of the individual assuming the role of Chief Executive Officer following the separation of duties.
- Review the full text of the press release (Exhibit 99.1) for details on the transition timeline.
- Confirm if this governance change impacts any existing executive compensation agreements or board committee assignments.