Smurfit-Stone Extends CEO Pat Moore's Existing Employment Agreement
Feb. 16, 2011 - Smurfit-Stone Container said that the company has extended the term of CEO Patrick J. Moore's existing employment agreement until the completion of its pending acquisition by Rock-Tenn.
Moore's employment was previously scheduled to terminate no later than March 31, 2011 and the extension is intended to provide continuity of executive leadership through the completion of the RockTenn transaction, Smurfit-Stone said.
Smurfit-Stone expects the deal with RockTenn to close in the second quarter of 2011.
SOURCE: Smurfit-Stone Container Corporation