Major Announcements

Mativ Holdings, Inc. has announced the appointment of Scott Minder as Chief Financial Officer, effective January 1, 2026. Mr. Minder will succeed Greg Weitzel, who will remain with the Company through December 31, 2025.

The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries. Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees. The Group carefully align remuneration elements with its strategy and long-term financial interests.

Lennart Eberleh, CEO of pulp producer Rottneros, has resigned to take up another position outside the company. He will leave his position during the first half of 2026, according to a press release.

The planned shutdown of Crofton's pulp and paper mill was scheduled to take place Dec. 15, but Domtar's senior director of public affairs said the change will benefit employees and suppliers.

Sims previously served as chief operating officer, leading commercial and operational functions, before succeeding Jean-Michel Ribiéras, who will retire as chairman and CEO Dec. 31.

Eminence is also calling for GPI's board chair, Philip Martens, to resign amid alleged mismanagement of the CEO transition as well as other accusations, such as "eyebrow-raising stock sales" shortly before Doss' ouster.

Graphic Packaging Holding Company disclosed that its Compensation and Management Committee approved a retention package for Joseph P. Yost, Executive Vice President and President, Americas. The package includes a $2 million cash retention bonus and a grant of service-based restricted stock units (RSUs) valued at $2 million.

Sutton, former President and Chief Executive Officer of Olin Corporation, brings more than three decades of global leadership experience in the chemicals and materials sectors, including a proven track record of operational excellence, disciplined capital allocation, and transformative value creation. During his tenure at Olin, he led the company through significant business platform upgrades, strengthened its financial position, and advanced key strategic initiatives that improved the company's competitive positioning and enhanced shareholder value.

Interfor announced that it has made several leadership changes. Mike Mackay has been appointed Executive Vice President & Chief Financial Officer, effective December 8, 2025. Mr. Mackay, who joined Interfor in 2015, has held several leadership roles in the Company's finance organization, most recently serving as Vice President, Corporate Development & Treasury. Mr. Mackay will succeed Rick Pozzebon, who will be leaving Interfor to pursue other opportunities.

Domtar pulp mill in Crofton to close, leading to 350 job losses.

Packaging Corporation of America announced that it will permanently shut down the No. 2 paper machine (W2) and kraft pulping facilities at its Wallula, WA containerboard mill. PCA will continue to operate the No. 3 paper machine (W3) and recycled pulping facilities at the mill.

Boise Cascade Company announced that Nate Jorgensen, Chief Executive Officer, plans to retire effective March 2, 2026. The board of directors has unanimously appointed Jeff Strom, Chief Operating Officer, to succeed Jorgensen effective March 3, 2026. Jorgensen will continue to serve as a director on the Company's board after his retirement. The Company does not plan to backfill the chief operating officer role after the transition.

Robbert Rietbroek Appointed President and CEO, Effective January 1, 2026; Michael P. Doss to Step Down as President and CEO, Effective December 31, 2025

CEO of Lenzing AG Rohit Aggarwal resigns due to personal reasons, effective 31 January 2026. Following Mr. Aggarwal's departure, Lenzing AG will be led by a three-member Managing Board. The process to appoint a new Chief Executive Officer has been initiated by the Supervisory Board and an appointment will be announced at the appropriate time.

Rayonier Advanced Materials Inc., a global leader of cellulose-based technologies, 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.

Beckwitt served in various executive leadership capacities at Lennar Corporation, one of the nation's leading homebuilders, with 2024 revenues exceeding $35 billion.

Borg is currently the Executive Vice President, Chief People & Culture Officer at International Flavors & Fragrances Inc. (NYSE: IFF), a global leader in food, beverage, health, biosciences and sensorial experiences.

Stora Enso will implement changes to its Group Leadership Team and organizational structure effective 1 January 2026, preparing for the planned demerger of its Swedish forest assets.

While Woodland Pulp is scheduled to resume operations in mid-December, there's no timeline for when Canadian softwood lumber will be accepted at the mill.

The Nova Scotia Forestry Innovation Transition Trust is investing $1.8 million to assist private landowners and forest contractors in finding new markets for underutilized wood fibre and to support sustainable forestry management.

LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced that Chief Executive Officer Brad Southern will retire effective February 19, 2026, after leading the company since 2017.

The hiatus for Washington County's largest employer is due to a downturn in the global pulp market and comes after increases in tariffs on Canadian lumber.

Mohawk Industries Chief Financial Officer James Brunk will retire on 1 April 2026, concluding a 20-year tenure during which the company became a global flooring leader. Nicholas Manthey, the company's current Vice President of Corporate Finance and Investor Relations, has been appointed as his successor.

The estimated need for personnel reductions in the change negotiations was up to 315 employees, of which 155 were in Finland. The change negotiations in Finland have now concluded, resulting in a total reduction of 150 positions.

Following the strategic review, the Board of Directors of Stora Enso has decided to initiate preparations for the separation of the Swedish forest assets business of Stora Enso into a new publicly-listed company through a statutory partial cross-border demerger, expected to be completed during the first half of 2027. All shares in the new company would be wholly owned by Stora Enso's shareholders.