CLEARWATER PAPER CORPORATION (NYSE:CLW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On August 3, 2018, Beth E. Ford, notified Clearwater Paper Corporation (the “Company) of her decision to resign as a Director of the Company effective September 1, 2018, so that she can focus more of her time and attention to her new duties as President and CEO of Land O’Lakes.Ms. Ford’s resignation is not a result of any disagreement with the Company on any matters relating to the Company’s operations or practices.
In connection with Ms. Ford’s departure, the Company’s Board of Directors have elected Director Alexander Toeldte to become Chair of the Board effective September 1, 2018.
About CLEARWATER PAPER CORPORATION (NYSE:CLW)
Clearwater Paper Corporation manufactures quality consumer tissue, away-from-home (AFH), tissue, parent roll tissue, bleached paperboard and pulp at manufacturing facilities across the nation. The Company is a supplier of private label tissue to retailers and wholesale distributors, including grocery, drug, mass merchants and discount stores. In addition, the Company produces bleached paperboard used by quality-conscious printers and packaging converters. The Company operates through two segments: Consumer Products and Pulp and Paperboard. Its Consumer Products segment manufactures and sells a complete line of at-home tissue products in each tissue category, including bathroom tissue, paper towels, napkins and facial tissue. The Company also manufactures AFH and parent rolls for external sales. Its Pulp and Paperboard segment manufactures and markets bleached paperboard for the high-end segment of the packaging industry, and is a producer of solid bleach sulfate paperboard.
