Glatfelter Announces Resignation of Director Lee C. Stewart
26 Septiembre 2023 - 3:10PM
Glatfelter Corporation (NYSE: GLT), a leading global supplier of
engineered materials, today announced that Mr. Lee C. Stewart has
resigned from the Company’s Board of Directors, effective September
25, 2023, citing reasons unrelated to the Company for his
departure. The Company noted that this resignation is not related
to Glatfelter’s operations, financial reporting or controls, or
personal conduct.
“On behalf of Glatfelter’s Board of Directors and
our management team, we thank Lee for his longstanding service and
deep commitment to the Company,” said Mr. Thomas Fahnemann,
President and Chief Executive Officer. “We greatly appreciate the
leadership and expertise that Lee has provided over the past 22
years through multiple market cycles and the growth of Glatfelter
into a global engineered materials business. Lee’s expertise as an
investment banker and knowledge of the capital markets has been an
important part of shaping the Company’s long-term strategic
direction.”
Mr. Stewart noted, “It has been an honor to work
with my fellow Directors over the years. I have enjoyed my time on
the Board, having served most recently as Chair of the Nominating
and Corporate Governance Committee and a member of the Audit
Committee. I wish Thomas and his team all the best as they continue
to position the Company for improved financial performance in the
year ahead.”
Ms. Kathleen A. Dahlberg will assume the role of
Chair of the Company’s Nominating and Corporate Governance
Committee, effectively immediately. Also, she will continue to
serve on the Audit Committee. Ms. Dahlberg brings over 23 years of
expertise and service to Glatfelter’s Board.
About Glatfelter
Glatfelter is a leading global supplier of
engineered materials with a strong focus on innovation and
sustainability. The Company’s high-quality, technology-driven,
innovative, and customizable nonwovens solutions can be found in
products that are Enhancing Everyday Life®. These include personal
care and hygiene products, food and beverage filtration, critical
cleaning products, medical and personal protection, packaging
products, as well as home improvement and industrial applications.
Headquartered in Charlotte, NC, the Company’s 2022 revenue was $1.5
billion with approximately 3,250 employees worldwide. Glatfelter’s
operations utilize a variety of manufacturing technologies
including airlaid, wetlaid and spunlace with fifteen manufacturing
sites located in the United States, Canada, Germany, France, Spain,
the United Kingdom, and the Philippines. The Company has sales
offices in all major geographies serving customers under the
Glatfelter and Sontara® brands. Additional information about the
Company may be found at www.glatfelter.com.
Contacts: |
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Investors: |
Media: |
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Ramesh Shettigar |
Eileen L. Beck |
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(717) 225-2746 |
(717) 225-2793 |
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