Rayonier Advanced Materials appoints Daniel Krawczyk to lead strategic alternatives assessment aimed at maximizing shareholder value.
Rayonier Advanced Materials (RYAM) has named Daniel Krawczyk as CEO and president, tasking him with overseeing a strategic review of the company’s options. The appointment follows a board-led process to evaluate alternatives for shareholders, supported by Morgan Stanley.
Krawczyk previously led Huber Engineered Materials, managing a $1.3bn global industrial business and executing over $2bn in M&A and divestiture activity. His background includes portfolio transformation and operational execution, aligning with RYAM’s current strategic focus.
The board emphasized Krawczyk’s qualifications to drive value creation during this period. The review of strategic alternatives remains ongoing, with no immediate changes disclosed.