Rayonier Advanced Materials Inc. announced that De Lyle W. Bloomquist has been appointed as Chief Executive Officer of the Company, effective immediately. Mr. Bloomquist succeeds Vito J. Consiglio, who has stepped down as Chief Executive Officer of the Company, with the mutual agreement of the Board. In connection with Mr. Bloomquist's appointment, the Board named Lisa M. Palumbo as Non-Executive Chair of the Board.

Mr. Bloomquist has served on the Company's Board since2014 and was named Non-Executive Chair of the Board in May 2020. 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. Mr. Bloomquist most recently served as a partner at Windrunner Management AdvisorsLLC, a management advisory services business, and prior to that served as the President, Global Chemical Business of Tata Chemicals Limited, and President, CEO and Director of Tata Chemicals North America Inc.