Glatfelter Announces Chief Executive Succession Plan

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Glatfelter, York, Pa., USA, this week announced an executive succession plan under which Chairman and CEO George H. Glatfelter II will retire as CEO on December 31, and concurrent with his retirement, Dante C. Parrini, executive VP and COO, will be promoted to president and CEO. Parrini joins the company's board of directors effective immediately.

Glatfelter, who has been chairman since 2000 and CEO since 1998, will remain on the company's board of directors as its non-executive chairman for a brief transitional period, after which time a new chairman will be elected. He represents the fifth generation of the Glatfelter family to lead the company, which was founded by his great-great-grandfather, Philip H. Glatfelter, in 1864. Prior to serving as chairman and CEO, he was the company's president and, before that, senior VP. During his 34 years with the company, Glatfelter has held positions in human resources, maintenance, and engineering, operations, planning, and sales and marketing. He has more than 15 years of experience as a director of public companies, including serving as a director of Met-Pro Corp. since 2004. He is also a trustee of York College of Pennsylvania, the American Forest and Paper Association, The National Council for Air and Stream Improvement, and The Alliance for the Chesapeake Bay.

Parrini started his career with Glatfelter in 1997 and has been executive VP and COO since 2005. With full global P&L responsibility in his EVP and COO capacity, Parrini has been charged with leading worldwide operations, international and domestic sales, marketing, new product development, global supply chain, information technology, and corporate program management. Lee Stewart, chairman of the nominating and corporate governance committee, pointed out that Glatfelter and Parrini have been key architects of the company's growth strategy, including overseeing four acquisitions in the U.S., Canada, and Europe that nearly tripled the company's revenues since 2005 while diversifying its business portfolio and expanding its global footprint.