Rayonier Advanced Materials Shares Jump 21% On CEO Appointment
Rayonier Advanced Materials Inc. (RYAM) shares surged 21.93 percent on Monday, rising 7.14, after the company announced the appointment of Scott Sutton as Chief Executive Officer and President, effective January 5. Sutton will succeed DeLyle Bloomquist, who previously announced his planned retirement and will remain on as an advisor to support leadership continuity and ongoing strategic initiatives.The stock opened at 5.86, and traded between 7 ...