Rayonier Advanced Materials Appoints Scott M. Sutton as CEO

PAPER INDUSTRY NEWS

Jino John

1/5/20261 min read

Rayonier Advanced Materials Inc. (RYAM) announced the appointment of Scott M. Sutton as Chief Executive Officer and President, effective January 5, 2026. Mr. Sutton also joins the company's Board of Directors.

Sutton, aged 61, previously served as President and Chief Executive Officer of Olin Corporation from 2020 to 2024. He brings over 30 years of global leadership in chemicals and materials, with expertise in operational excellence, capital allocation, and value creation. At Olin, he oversaw business upgrades, financial strengthening, and strategic initiatives enhancing competitiveness.

Lisa M. Palumbo, Non-Executive Chair, stated: “Scott is a highly respected leader with deep industry expertise and a demonstrated ability to drive performance in complex operating environments. His strategic mindset, operational rigor, and commitment to safety and sustainability make him the right leader to build on RYAM's biomaterials strategy.”

Sutton succeeds DeLyle W. Bloomquist, whose retirement was announced previously. Bloomquist will advise Sutton through May 13, 2026, for transition support. Palumbo added: “On behalf of the Board, I want to thank DeLyle for his leadership and substantial contributions to RYAM.”

RYAM grants Sutton a performance share unit award as inducement: 750,000 PSUs over three years, vesting based on 60-day average stock price ($15 threshold, $30 target, $45 max), plus one-year hold.

RYAM leads in cellulose specialties for filters, food, pharmaceuticals, and industrials, plus fluff pulp, biofuels, and paper packaging products. Operations span U.S., Canada, France; 2024 revenue reached $1.6 billion.

Sutton commented: “I am honored to join RYAM at such an important time for the Company. RYAM has a solid foundation, a talented team, and a portfolio of products that play an essential role in global markets. I look forward to working closely with the Board and the entire organization to accelerate performance, strengthen partnerships, and unlock the Company's full potential.”