RYAM CEO De Lyle Bloomquist to retire by 2026 annual meeting

PAPER INDUSTRY NEWS

Jino John

12/12/20251 min read

Rayonier Advanced Materials (RYAM) announced that President and CEO De Lyle W. Bloomquist plans to retire by the time of the company’s 2026 Annual Meeting of Stockholders, expected in May 2026, and will not seek re-election to the Board. He will continue as CEO until a successor is appointed to secure leadership continuity during the transition. RYAM’s Board has initiated a formal search process, engaging executive search firm Spencer Stuart to evaluate internal and external candidates. Chair Lisa Palumbo praised Bloomquist’s role in advancing RYAM’s “BioFuture” vision and positioning the company for sustainable growth, reaffirming the Board’s confidence in the current strategy. RYAM, a global leader in cellulose-based technologies and biomaterials with 2024 revenue of about 1.6 billion dollars, expects the new CEO to further drive innovation, operational excellence, and shareholder value across specialty cellulose, fluff pulp, biofuels, and paper and packaging markets.