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George Glatfelter II to Retire, Dante Parrini to Become President & CEO

June 4, 2010 - Glatfelter yesterday announced an executive succession plan under which chairman and CEO George H. Glatfelter II will retire as CEO on December 31, 2010, and Dante C. Parrini, the company's executive vice president and COO, will be promoted to president and CEO concurrent with Mr. Glatfelter's retirement.

Parrini also will join the company's Board of Directors effective immediately.

Glatfelter (58), who has been chairman since 2000 and CEO since 1998, will remain on the company's Board of Directors as its non-executive chairman for a brief transitional period, after which time a new chairman will be elected.

Parrini (45) has been with the company for 12 years.

Parrini started his career with Glatfelter in 1997 and has been Glatfelter's executive vice president and COO since 2005.

A native of Erie, Pennsylvania, Parrini holds a bachelor's degree in marketing from Gannon University, an executive MBA from the University of New Hampshire, and is a graduate of Harvard Business School's Advanced Management Program. In October 2009, he received Gannon University's Distinguished Alumnus Award for the School of Business & Engineering.

SOURCE: Glatfelter




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