ALPHARETTA, Ga., May 7, 2020 /PRNewswire/ -- Neenah, Inc.
(NYSE: NP) announced today that Senior Vice President, Chief
Financial Officer (CFO) and Treasurer Bonnie Lind has communicated her plans to
retire. Ms. Lind will remain with Neenah through an October 1 retirement date to ensure a smooth
transition.
"It's been my pleasure and privilege to serve as Neenah's CFO
and be part of the company's transformation from its origins as a
pulp and paper company into a global leader in specialty material
niche markets," said Bonnie Lind.
"Looking ahead, Neenah's strong financial and competitive positions
and its talented and dedicated employees make me confident of the
company's continued success."
"Bonnie became CFO in 2004 when Neenah first became a public
company and has been an integral part of the development and
execution of our business strategies," said John O'Donnell, Chief Executive Officer. "During
this time, she developed a talented global financial organization
and ensured we maintained a strong financial position with
disciplined decision-making. I personally want to thank Bonnie for
being a trusted advisor and business partner, and for her
leadership, significant contributions and personal dedication
throughout her career."
The Company further announced today that it had appointed
Paul DeSantis as Senior Vice
President, Chief Financial Officer, and Treasurer, effective
May 13, 2020. Mr. DeSantis most
recently served as Chief Financial Officer at OMNOVA Solutions, and
was in this role from 2014 until the company was acquired earlier
this year. He has over 30 years of business and financial
experience, including prior positions as CFO and in Treasury,
Financial Planning & Analysis, international operations and
acquisitions.
"Paul's extensive experience and broad financial background will
allow him to quickly get up to speed and contribute," said
Julie Schertell, Chief Operating
Officer. "I'm confident of a successful transition and look forward
to working with Paul as we continue to execute our strategies to
drive long-term, profitable growth in a financially-disciplined
manner."
About Neenah
Neenah is a leading global specialty materials company, focused
on premium niche markets that value performance and image. Key
products and markets include advanced filtration media, specialized
performance substrates used for digital transfer, tape and abrasive
backings, labels and other products, and premium printing and
packaging papers. The Company is headquartered in Alpharetta, Georgia and its products are sold
worldwide from manufacturing operations in the United States, Europe and the United Kingdom. Additional information can be
found at the Company's web site, www.neenah.com.
Contact:
|
Neenah, Inc.
Bill McCarthy
Vice President-Investor Relations
678-518-3278
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SOURCE Neenah, Inc.