NewPage Announces New Board of Directors
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NewPage Corp., Miamisburg, Ohio, USA, has announced members of its new board of directors. Mark A. Angelson, former Chicago deputy mayor and CEO of RR Donnelley who also led World Color Press out of bankruptcy and guided its combination with Quad/Graphics, has been named chairman. He will be joined by paper industry leaders Robert M. Amen, former president of International Paper, and John F. McGovern, former CFO of Georgia-Pacific.
Robert J. Bass, a member of the audit committee of Groupon and a recently retired vice chairman of Deloitte, also has been named to the board, along with Paul E. Huck, SVP and CFO of Air Products & Chemicals, Lisa J. Donahue, managing director in the Turnaround and Restructuring Practice of AlixPartners, and Eric D. Muller, managing director in the Principal Investment Area of Goldman Sachs. George F. Martin, CEO for NewPage, is the only continuing member of the board.
NewPage is a producer of printing and specialty papers in North America with $3.5 billion in net sales for 2011. The company owns paper mills in Kentucky, Maine, Maryland, Michigan, Minnesota, and Wisconsin. These mills have a total annual production capacity of approximately 3.5 million tons of paper. The company's product portfolio includes coated, specialty, supercalendered, and uncoated papers.
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