Wausau Paper announced Michael C. Burandt has been appointed Chairman of the Board and Chief Executive Officer. Mr. Burandt joined the Company as a Director in 2012 and has served as Interim CEO since April 2, 2014.
Wasau Paper also announced that Matthew L. Urmanski has been appointed President and Chief Operating Officer. Mr. Urmanski joined Wausau Paper Corp. in 2000. During his tenure at Wausau Paper, he has served in a variety of senior management positions of increasing responsibility. Most recently, Mr. Urmanski led the expansion of the Tissue business in his role as Senior Vice President and General Manager. As a result of Mr. Urmanski’s expanded role and Mr. Burandt’s continued involvement as Chief Executive Officer, the Board of Directors will not be conducting a formal search to replace the former president and chief executive officer.
Mr. Burandt commented, “Matt’s business acumen, strong track record and leadership skills make him the ideal fit to serve as President and COO, where he will provide oversight and direction to ensure that Wausau Paper is well positioned for long term success. This new leadership structure ensures that the company will have the continuity and experience to continue to pursue our tissue-focused strategy designed to drive growth, increase earnings, return cash to shareholders and create long-term value.”