Rayonier Advanced Materials Repositions Senior Management Team to Drive Growth

JACKSONVILLE, Fla.–(BUSINESS WIRE)–Rayonier Advanced Materials (NYSE:RYAM) announced today that it is
repositioning key members of its senior management team to drive the
company’s Go-to-Market strategy and accelerate new product
commercialization. Frank Ruperto will assume the role of Senior Vice
President, High Purity and High Yield Cellulose Business; Dr. Erin Byers
will assume the new role of Senior Vice President, Research and
Development; and Marcus Moeltner will be promoted to Chief Financial
Officer and Senior Vice President, Finance.

“Driving growth is a critical part of creating value for our
stockholders,” said Paul Boynton, Chairman, President and Chief
Executive Officer of Rayonier Advanced Materials. “We are repositioning
key members of our senior leadership team to focus on the initiatives
essential for our future success. I’d like to congratulate all three
executives as they assume their new roles and responsibilities.”

Mr. Ruperto has been RYAM’s Chief Financial Officer since November 28,
2014 and led its finance and strategy group through the company’s
successful cost transformation and subsequent acquisition and
integration of Tembec. Ruperto was also central to developing Rayonier
Advanced Materials’ Go-to-Market strategy and will now focus on
executing that strategy in his new role as Senior Vice President of High
Purity and High Yield Cellulose Business.

Dr. Byers has gained extensive knowledge of Rayonier Advanced Materials’
customers and their needs while leading the company’s High Purity and
High Yield Cellulose Business. As Senior Vice President, Research and
Development, Byers will leverage this unique knowledge and his 35 years
cellulose technical expertise to accelerate Rayonier Advanced Materials’
new product development and commercialization process.

Mr. Moeltner joined Rayonier Advanced Materials in November of 2017 as
Vice President, Corporate Development and Planning, in connection with
the company’s acquisition of Tembec. Moeltner’s knowledge of both the
legacy RYAM and Tembec businesses, strategies, assets and financial
drivers make him ideally suited for the CFO role and supporting our
growth initiatives.

About Rayonier Advanced Materials

Rayonier Advanced Materials is a global leader of cellulose-based
technologies, including high purity cellulose specialties, a natural
polymer commonly found in cell phones, computer screens, filters and
pharmaceuticals. The Company also manufactures products for lumber,
paper and packaging markets. With manufacturing operations in the U.S.,
Canada and France, Rayonier Advanced Materials employs approximately
4,200 people and generated approximately $2.1 billion of revenues in
2018. More information is available at


Media: Eric Johnson, 904-357-9134
Investors: Mickey Walsh,

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