Olshan client Marcato Capital Management reached an agreement with Rayonier Advanced Materials Inc. pursuant to which Matt Hepler, a Partner at Marcato, will be appointed to Rayonier’s board of directors as a Class III director with a term expiring at the 2020 annual meeting of stockholders.
Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Japan, Canada, Europe, Latin America, other Asian countries, and internationally. The company, led by Paul G. Boynton and Frank A. Ruperto, is based in Jacksonville (FL).
Marcato Capital Management, LLC is an employee owned hedge fund sponsor. The Fund, led by Richard Trainor McGuire III, and Brooke Beck, is based in San Francisco, (CA).
Olshan advised Marcato with a team including Steve Wolosky (Picture) and Ryan Nebel.
Law Firms: Olshan Frome Wolosky LLP;
Clients: Marcato Capital Management;