Schweitzer-Mauduit CFO Thompson Resigns

Schweitzer-Mauduit International Inc., Alpharetta, Ga., USA, reported this week that its CFO, Peter Thompson, is resigning and that a search has been started for his replacement. Thompson, the EVP for finance and strategic planning, will remain available as a consultant during a transition period, Schweitzer-Mauduit said.

Thomson served as treasurer and CFO from August 2006 until August 2008. In January 2009, he stepped back into the finance chief position for a limited time to meet certain strategic objectives. Now that those goals are accomplished, he is stepping down, the company noted.

Mark Spears, who has served as corporate controller since March 2008, will take over as interim CFO while a permanent replacement is sought. Spears has been with the company since 1995 in various roles in the controller department. Previously, he worked as an audit manager for the former Coopers and Lybrand.

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