Schweitzer-Mauduit Announces Sr. Management Changes
July 10, 2006 - Schweitzer-Mauduit International, Inc. today announced the following management changes effective August 1, 2006:
As part of a planned management succession process and in anticipation of future retirements, Paul C. Roberts (57), current chief financial officer and treasurer (CFO), will be assuming the newly created position of vice president - Strategic Planning and Implementation. Roberts has served as CFO since August 1995 and has almost 29 combined years of service with Schweitzer-Mauduit and Kimberly-Clark. In this new role, Roberts will be responsible for corporate projects including potential investment opportunities and strategic initiatives, while continuing to serve as vice-chairman of the Board of China Tobacco Mauduit (Jiangmen) Paper Industry Company Ltd., Schweitzer-Mauduit's tobacco related papers joint venture in China.
Succeeding Roberts as CFO will be Peter J. Thompson, president - U.S. Operations since November 1998. Thompson, age 43, joined Schweitzer- Mauduit in January 1997 as marketing manager - U.S. Previously, he was CFO and then marketing director for Tape, Inc. from May 1995 to January 1997. Also, he held several key financial positions with Kimberly-Clark where he was involved in financial and business analysis, acquisitions and divestitures.
Otto R. Herbst, president, Brazilian Operations, will become president, the Americas, with profit responsibility for the Brazilian and U.S. Business Units. Herbst (46) has been president, Brazilian Operations, since April 1999.
Related to this reorganization, Clifford J. Bienert, senior director of operations - U.S., is being promoted to the officer position of vice president - U.S. Operations. Bienert (50) joined Schweitzer-Mauduit in November 2005. In his expanded role, he will be in charge of all manufacturing and quality assurance for the U.S. and the development and manufacturing of lower ignition propensity cigarette papers corporate wide.
Schweitzer-Mauduit International is a diversified producer of premium specialty papers and the world's largest supplier of fine papers to the tobacco industry. The company also manufactures specialty papers for use in alkaline batteries, vacuum cleaner bags, overlay products, saturating base papers, business forms and printing and packaging applications.
SOURCE: Schweitzer-Mauduit International, Inc.