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NewPage CFO to Leave the Company in 2007

Nov. 30, 2006 - NewPage Corp. said that Matthew L. Jesch, vice president and chief financial officer, has decided to leave the company in the first quarter of 2007.

"Matt has played a key role in transitioning NewPage from a division of a larger paper company to a stand-alone business by creating processes, standards and procedures to support the new organization," said Mark A. Suwyn, chairman of the board and chief executive officer for NewPage.

"He has also worked tirelessly to build solid relationships with key bankers and investors to position NewPage as a strong and improving company. I will miss him as he has been a close colleague of mine and the entire senior leadership team. We all wish him the best in the future," Suwyn added.

The company has started a search for a new chief financial officer.

SOURCE: NewPage Corp.




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