NewPage Names David Prystash as Sr. VP, CFO
Sept. 10, 2008 - NewPage Corp. said that David J. Prystash will join the company's senior leadership team effective September 22, 2008 as senior vice president and chief financial officer. In this position, Prystash will be responsible for overseeing the financial activities for the entire company including financial planning and investor relations as well as participating in strategic planning and implementation.
Prystash replaces Jason W. Bixby, who joined NewPage from the Cerberus Operations team and will return to Cerberus to provide operational and financial support for their other portfolio companies.
Prystash joins NewPage from Ford Motor Company where he most recently served as the chief financial officer for Ford's global product development and purchasing.
Prystash has been global controller, Product Development at Ford Motor Company since June 2005. He was executive director, Preowned and Remarketing Strategy at Ford from July 2003 to June 2005. Prior to that, he served as controller, North American Product Programs at Ford since August 2001. From January 2000 to August 2001, he served as director, Corporate Business Development at Ford.
Prystash has been a member of the board of directors of NewPage Corporation, NewPage Holding Corporation and NewPage Group Inc. since April 2006. With this change, he has resigned from the board and the audit committee of all three companies, effective September 5, 2008. Charles E. Long, a member of the NewPage Board of Directors, was elected September 5, 2008, to serve as a member of the audit committee of all three companies in addition to his current duties on the compensation committee.
SOURCE: NewPage Corp.