Rayonier Advanced Materials Inc. – Management Brief

Rayonier Advanced Materials Inc., Jacksonville, Fla., on May 31 announced that De Lyle W. Bloomquist has been appointed President and CEO, effective immediately. He succeeds Vito J. Consiglio, who has stepped down as President and CEO and as a member of the company’s Board of Directors, with the mutual agreement of the Board. In connection with Bloomquist’s appointment, the Board named Lisa M. Palumbo as Non-Executive Chair of the Board.

Bloomquist has served on the company’s Board since 2014 and was named Non-Executive Chair of the Board in May 2020. The company said he has decades of domestic and international leadership experience in the chemicals, minerals, and materials industries, including in finance, sales, logistics, operations, IT, strategy, and business development capacities. He most recently served as a partner at Windrunner Management Advisors LLC, a management advisory services business, and prior to that served as President, Global Chemical Business, of Tata Chemicals Ltd., and President, CEO, and Director of Tata Chemicals North America Inc.

Palumbo served as the Senior Vice President, General Counsel, and Secretary of Parsons Brinckerhoff Group Inc., a global consulting firm providing planning, design, construction, and program management services for critical infrastructure projects, from 2008 until her retirement in January 2015. Prior to that, she served as Senior Vice President, General Counsel, and Secretary of EDO Corp. (a defense technology company) from 2002-2008. She has also held senior roles at Moore Corp., Rayonier Inc., and Avnet Inc.

Palumbo holds bachelor’s and juris doctorate degrees from Rutgers University.