Julie Dill elected non-executive chair at Rayonier Advanced (NYSE: RYAM)
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Rayonier Advanced Materials Inc. announced a board leadership change. The Board of Directors has elected longtime director Julie A. Dill as Non-Executive Chair of the Board, effective May 14, 2026. She succeeds Lisa M. Palumbo, who has completed her second two-year term as Chair and will continue to serve as an independent director.
Ms. Dill has served on the Board since 2018 and brings leadership experience across the energy, industrials, and infrastructure sectors, including prior service as a public company CEO. The company highlights her background in finance, investor relations, and operations as support for its strategy and stakeholder engagement. RYAM describes this transition as part of its commitment to strong corporate governance, succession planning, and disciplined strategic oversight. The company notes it generated $1.5 billion of revenue in 2025 as a global producer of high purity cellulose and related products.
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8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Annual revenue: $1.5 billion
Effective date of new Chair role: May 14, 2026
Board service since: 2018
3 metrics
Annual revenue
$1.5 billion
Company revenue in 2025
Effective date of new Chair role
May 14, 2026
Start date for Julie A. Dill as Non-Executive Chair
Board service since
2018
Julie A. Dill tenure on RYAM Board
Key Terms
Non-Executive Chair, corporate governance, forward-looking statements, high purity cellulose
4 terms
Non-Executive Chair financial
"Rayonier Advanced Materials Board of Directors Elects Julie A. Dill as Non-Executive Chair"
corporate governance financial
"Her appointment reflects the Board’s ongoing commitment to strong corporate governance"
Corporate governance is the system of rules, roles and oversight that determines how a company is directed and controlled, including the responsibilities of its board, executives and shareholders. Like the steering wheel and map for a car trip, it shapes decisions, sets checks on power and defines who can hold leaders accountable; strong governance reduces risk, builds trust and helps investors judge whether a company is likely to protect capital and deliver reliable returns.
forward-looking statements regulatory
"Certain statements in this press release may constitute forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
high purity cellulose technical
"RYAM is a global leader of high purity cellulose commonly used in the production of filters, food, pharmaceuticals"
A highly processed form of plant fiber purged of minerals, lignin and other impurities so it is extremely consistent, chemically stable and free of contaminants. Think of it like refined sugar versus raw cane: the refined product behaves predictably in recipes and manufacturing. Investors watch high purity cellulose because its quality, availability and cost affect pharmaceutical formulations, food additives, filtration media and other regulated products, influencing production reliability and profit margins.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
COMMISSION FILE NUMBER 001-36285
Incorporated in the State of Delaware
I.R.S. Employer Identification Number 46-4559529
(Principal Executive Office)
Telephone Number: (904 ) 357-4600
Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of Exchange on which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
Item 7.01 Regulation FD Disclosure
On May 13, 2026, the Board of Directors (the “Board”) of Rayonier Advanced Materials Inc. (the “Company”) appointed Julie A. Dill, a current member of the Board, to serve as Chair of the Board, effective May 14, 2026. Ms. Dill succeeds Lisa M. Palumbo, who will continue to serve as a member of the Board.
On May 14, 2026, the Company issued a press release announcing the appointment of Ms. Dill as Chair of the Board. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| 99.1 | Press Release, dated May 14, 2026, announcing appointment of Julie A. Dill as Chair of the Board | ||||
| 104 | Cover page interactive data file (embedded within the Inline XBRL document) | ||||
1
Signature
Pursuant to the requirements of the Securities Exchange Act of l934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| Rayonier Advanced Materials Inc. | |||||
| By: | /s/ R. COLBY SLAUGHTER | ||||
| R. Colby Slaughter | |||||
| Senior Vice President, General Counsel and Corporate Secretary | |||||
Date: May 14, 2026 | |||||
2
For Immediate Release 
NEWS RELEASE
NEWS RELEASEContacts: | ||||||||
Media | Ryan Houck | 904-357-9134 | ||||||
Investors | Daniel Bradley | 904-549-7396 | ||||||
Rayonier Advanced Materials Board of Directors Elects Julie A. Dill as Non-Executive Chair
Jacksonville, Florida — May 14, 2026 — Rayonier Advanced Materials Inc. (NYSE: RYAM) (“RYAM” or the “Company”) today announced that its Board of Directors has elected Julie A. Dill as Non-Executive Chair of the Board, effective May 14, 2026. Ms. Dill succeeds Lisa M. Palumbo, who has completed her second two-year term as Chair and will continue to serve as an independent director.
Ms. Dill has served on the RYAM Board since 2018 and brings extensive leadership experience across the energy, industrials, and infrastructure sectors, including as a public company chief executive officer. Her background in finance, investor relations, and operations provides the Board with valuable perspective as it oversees the Company's strategy and stakeholder engagement efforts. Her appointment reflects the Board’s ongoing commitment to strong corporate governance, thoughtful succession planning, and disciplined strategic oversight.
“I am honored to take on the role of Non-Executive Chair and appreciate the Board’s confidence,” said Ms. Dill. “RYAM has a compelling strategy and a strong leadership team, and I look forward to working with my fellow directors and the management team to support the Company’s continued progress and long-term value creation.”
The Board expressed its appreciation to Ms. Palumbo for her leadership and continued service to the Company.
About RYAM
RYAM is a global leader of high purity cellulose commonly used in the production of filters, food, pharmaceuticals, high performance plastics, propellants and various other industrial applications. RYAM’s specialized assets, capable of creating the world’s leading cellulose specialties products, are also used to produce cellulose viscose pulp, cellulose fluff pulp, paperboard, high yield pulp and various value-added co-products, including biofuels, bioelectricity and lignin. With manufacturing operations in the U.S., Canada and France, RYAM generated $1.5 billion of revenue in 2025. More information is available at www.RYAM.com.
FORWARD-LOOKING STATEMENTS
Certain statements in this press release may constitute forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which can be identified by words such as “may”, “intend”, “believe”, “expect”, “anticipate”, “continue”, or other comparable words and references to future periods. These statements involve a number of risks and uncertainties and RYAM cautions that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Readers are urged to carefully review and consider the various disclosures, including but not limited to risk factors contained in RYAM’s Annual Report on Form 10-K and its quarterly reports on Form 10-Q, as well as other filings with the securities commissions.
FAQ
What board leadership change did RYAM (RYAM) announce?
Rayonier Advanced Materials elected Julie A. Dill as Non-Executive Chair of the Board, effective May 14, 2026. She replaces Lisa M. Palumbo, who completed her second two-year term and will continue serving as an independent director.
Who is Julie A. Dill at Rayonier Advanced Materials (RYAM)?
Julie A. Dill is a longtime RYAM director, serving on the Board since 2018. She brings leadership experience across energy, industrials, and infrastructure sectors, including service as a public company CEO, and now becomes Non-Executive Chair.
What happens to former RYAM Chair Lisa M. Palumbo?
Lisa M. Palumbo is stepping down as Chair after completing her second two-year term. She will remain on Rayonier Advanced Materials’ Board as an independent director, providing continuity and ongoing governance experience.
How does RYAM describe the purpose of this board transition?
Rayonier Advanced Materials links Julie Dill’s appointment to its commitment to strong corporate governance. The company emphasizes thoughtful succession planning and disciplined strategic oversight as key goals behind the leadership change at the Board level.
What business does Rayonier Advanced Materials (RYAM) operate in?
Rayonier Advanced Materials is a global leader in high purity cellulose used in filters, food, pharmaceuticals, plastics, propellants, and other applications. It also produces viscose pulp, fluff pulp, paperboard, and bio-based co-products across operations in the U.S., Canada, and France.
What revenue did RYAM report generating in 2025?
Rayonier Advanced Materials states it generated $1.5 billion of revenue in 2025. This figure reflects its global operations in high purity cellulose and related cellulose-based products serving industrial, consumer, and specialty end markets.