Rayonier Advanced Materials named Daniel M. Krawczyk chief executive officer and president, effective immediately, while the company’s strategic review continues.
Krawczyk joins from Huber Engineered Materials, where he led a $1.3 billion global industrial and specialty chemicals portfolio. Over the past decade there, he helped execute more than $2 billion in mergers, acquisitions and divestitures as the business was reshaped for long-term value creation.
RYAM said the board remains in an active review of strategic alternatives with Morgan Stanley and that the process is “well underway.” The company did not announce a conclusion or preferred path, but said the new CEO appointment is intended to sharpen the focus on both operations and the review.
The company also disclosed that the interim office of the CEO has been disbanded. That group had included CFO Marcus J. Moeltner, Michael Osborne, Christian Ribeyrolle and R. Colby Slaughter, all of whom will return to their prior roles and work with Krawczyk.
Krawczyk brings more than 30 years of experience across industrial and consumer businesses. Before Huber, he was EVP and CFO of Gibson Guitar and held senior roles at Belden, DTE Energy, Delphi Automotive and Ford Motor.
RYAM said it generated $1.5 billion of revenue in 2025. As a result of these announcements, the company's shares have moved -8.07% on the market, and are now trading at a price of $8.32. If you want to know more, read the company's complete 8-K report here.
