NORCROSS, GA, JUly 15, 2008 — RockTenn (NYSE: RKT) announced today that David Dreibelbis, Executive Vice President and General Manager of the Company’s Paperboard Division, will retire for health reasons after 34 years at RockTenn.
RockTenn Chairman and Chief Executive Officer, James Rubright, said, “The retirement of David Dreibelbis is a deep loss for RockTenn and for many of us personally. David started work after college at our Dallas mill in 1974. He became head of RockTenn’s mill division in 1992, and held that position continuously since then. It is no surprise to anyone who has known and worked with David over the years that RockTenn has the lowest cost, best performing recycled mill system in North America – with very high customer satisfaction. We will miss his great skills and cheerful presence and we wish him the very best.”
Operating Leadership Responsibilities Announced
Mr. Rubright also announced the following operating leadership responsibilities effective immediately.
Mike Kiepura becomes Executive Vice President of RockTenn with responsibility for our consumer packaging folding carton business, which includes 26 folding carton plants and our six coated paperboard mills.
Dick Steed becomes Executive Vice President of RockTenn with responsibilities for our RTS joint venture with Sonoco Products Company, four uncoated paperboard mills, two converting plants and our Seven Hills joint venture with Lafarge North America, Inc.
Jim Porter becomes Executive Vice President of RockTenn with responsibility for containerboard and corrugated packaging, including the Solvay Paperboard mill and our box plant system.
Steve Voorhees, Executive Vice President and Chief Financial Officer of Rock Tenn, also becomes Chief Administrative Officer of RockTenn.
About RockTenn
RockTenn is one of North America's leading manufacturers of paperboard, containerboard, packaging and merchandising displays, with pro forma annual net sales of approximately $3.0 billion. The Company operates locations in the United States, Canada, Mexico, Chile and Argentina.
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