Maksim Labkouski/iStock through Getty Photographs
Schweitzer-Mauduit (NYSE:SWM) and Neenah (NYSE:NP) introduced Tuesday the long run govt management workforce and working construction for the mixed firm.
Neenah (NP) President and CEO Julie Schertell will function President, CEO and a board member of the mixed firm, Schweitzer-Mauduit (SWM) CEO Jeff Kramer shall be a strategic advisor, and SWM non-executive chairman John Rogers will turn out to be non-executive chair of the mixed firm.
The brand new firm will encompass two reporting segments: Superior Technical Supplies, which is able to embody filter and purify air and liquids, help adhesive and protecting purposes, advance therapeutic and wellness; and Fiber-Based mostly Options, which is able to present specialty options for varied end-uses together with sustainable packaging, imaging and communications, house and workplace, and client items.
In March, the 2 corporations agreed to mix in an all-stock merger to create a ~$3B international chief in specialty supplies and options.