Clearwater Paper Corporation CLW today announced that Linda K. Massman
will become the company's next chief executive officer, succeeding Gordon L.
Jones, who will be retiring from his roles as chief executive officer and
chairman of the board of directors, on December 31, 2012.
Ms. Massman, currently president and chief operating officer, will begin as
president and chief executive officer, effective January 1, 2013. Ms. Massman
will also join Clearwater Paper's board of directors at that time.
Additionally, vice chairman and lead director of the board, Boh A. Dickey, has
been appointed chairman of the board, effective January 1, 2013.
“Linda has been an integral part of the company's ability to design and
execute its strategy from the beginning,” said Mr. Dickey. “She came to
Clearwater Paper as one of the company's original leaders after a rapid
succession in finance and strategy development, and is now making the natural
progression from chief operating officer to chief executive officer. She is
the right person to lead Clearwater Paper as we enter our next phase of growth
and development."
"I have had the pleasure of working closely with Linda since the company's
spin-off in 2008 and she has been an integral part of Clearwater Paper's
success,” said Mr. Jones. “Since that time, we have executed on our growth
strategy and successfully transformed our company into one of the largest and
most successful premium private label tissue and bleached paperboard producers
in North America. Under Linda's leadership, I am confident Clearwater Paper
will continue to build on this track record of success.”
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