NewPage Announces Executive Leadership Changes
June 15, 2010 (Press Release) - NewPage Corporation announced today that E. Thomas Curley has resigned as president and chief executive officer and as a director of NewPage and its affiliates. In addition, NewPage announced that the Boards of Directors of NewPage and its affiliates have accepted the resignations of Mark A. Suwyn as chairman and a director of the companies, and the resignation of Michael Edicola as vice president, human resources.
NewPage also announced the appointment of Robert L. Nardelli as a director and non-executive chairman of the Board of Directors of NewPage and its affiliates. Mr. Nardelli is currently the chief executive officer of Cerberus Operating and Advisory Company, an affiliate of the controlling stockholder of NewPage, a role that Mr. Nardelli will continue while acting as non-executive chairman of NewPage and its affiliates.
Mr. Nardelli stated, "We thank Mark, Tom, and Mike for their accomplishments at NewPage, and wish them well in their future endeavors. I will be involved on an ongoing basis as NewPage undergoes this transition to new leadership."
The NewPage Board of Directors has formed an executive search committee to identify, interview and recommend to the Board a chief executive officer. The committee will consider both internal and external candidates for the position.