Rayonier Advanced Materials Inc. (NYSE: RYAM) has announced the election of Eric M. Bowen to its Board of Directors, effective September 9, 2024. Bowen brings over 20 years of experience in the biofuels industry and a wealth of knowledge in energy transition and renewable products markets. Lisa M. Palumbo, Non-Executive Chair of the Company's Board of Directors, expressed enthusiasm for Bowen's appointment, highlighting the significant value his expertise will bring to the Board and stockholders.
Bowen's extensive career includes roles at Renewable Energy Group, Inc. (NASDAQ: REGI), where he played a key part in growing the company's renewable diesel business and facilitating its sale to Chevron Corporation. His contributions as Vice President of Corporate Business Development & Legal Affairs positioned the company in emerging decarbonization markets, particularly in renewable diesel. Bowen's previous experience also includes serving as Founder, President, and CEO of Tellurian Biodiesel, Inc., which was acquired by REGI in 2010.
Notably, Bowen holds a J.D. from the University of California, Berkeley and a B.A. from the University of Oregon Honors College.
Rayonier Advanced Materials Inc. (RYAM) is a global leader in cellulose-based technologies, producing high purity cellulose specialties used in various industrial applications such as filters, food, and pharmaceuticals, as well as paper and packaging products. In 2023, RYAM generated an estimated $1.6 billion in revenue from its manufacturing operations in the U.S., Canada, and France. Today the company's shares have moved -1.3% to a price of $7.36. If you want to know more, read the company's complete 8-K report here.
