Thomas A. Colgrove to Retire and Patrick T. Burke Named President of
Consumer Products Division
SPOKANE, Wash.--(BUSINESS WIRE)--
Clearwater Paper Corporation (NYSE:CLW) today announced the
retirement of Thomas A. Colgrove as president of the company's consumer
products division. Mr. Colgrove will continue to serve as president of
the division until the beginning of the second quarter. Patrick T.
Burke, who currently serves as the company's vice president of supply
chain, will assume the role of senior vice president and president of
the company's consumer products division, when his successor for the
supply chain function is appointed. Mr. Colgrove will also continue to
serve the company until the end of 2015 to assist in the transition.
"Pat joined Clearwater Paper in May 2014," said Linda K. Massman,
president and CEO. "During this time, Pat has proven his abilities to
develop and implement a successful supply chain and warehouse operations
strategy, and has also established himself as a valued and respected
member of Clearwater Paper's leadership team."
Prior to joining Clearwater Paper, Mr. Burke spent nearly 30 years in
manufacturing, warehouse operations and supply chain management
leadership positions for PepsiCo, Quaker Oats and Ralston Foods. While
at PepsiCo, he managed the Western Region of Gatorade with total sales
of $4 billion. Mr. Burke received his Bachelor of Science from
Jacksonville State University and his MBA from Ohio University.
"Pat's extensive experience leading manufacturing and supply chain
operations, and implementing continuous improvement practices for some
of the country's largest consumer-products companies fits well with our
company's strong focus on gaining efficiencies in every part of our
operation," said Massman.
"Tom Colgrove has logged more than 40 years of industry experience, and
has brought much of that knowledge and knowhow to bear, driving success
at both the paperboard and tissue segments of our company for the past
six years," said Massman. "All of us at Clearwater Paper thank Tom for
his service and leadership, and look forward to continuing to work with
him during this transition."
ABOUT CLEARWATER PAPER
Clearwater Paper manufactures quality consumer tissue, away-from-home
tissue, parent roll tissue, bleached paperboard and pulp at
manufacturing facilities across the nation. The company is a premier
supplier of private label tissue to major retailers and wholesale
distributors, including grocery, drug, mass merchants and discount
stores. In addition, the company produces bleached paperboard used by
quality-conscious printers and packaging converters. Clearwater Paper's
employees build shareholder value by developing strong customer
partnerships through quality and service.
For additional information on Clearwater Paper, please visit the
company's website at www.clearwaterpaper.com.
Clearwater Paper Corporation
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Matt Van
Vleet, 509-344-5912
or
Investors:
Robin Yim, 509-344-5906
Source: Clearwater Paper Corporation
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