Julie Schertell appointed as new CEO of Pixelle Specialty Solutions

SPRING GROVE, PA - Pixelle Specialty Solutions announced Monday the appointment of Julie Schertell as its new CEO, replacing Ross Bushnell who has stepped down to pursue other opportunities.

Schertell brings over 30 years of operational and commercial experience in the specialty materials industry. She most recently served as President and CEO of Mativ Holdings (NYSE:MATV), which was formed through the merger of Schweitzer Mauduit International and Neenah Inc. According to InvestingPro data, MATV has shown strong momentum with a 77.82% price return over the past six months, though the company currently trades below its Fair Value.

During her tenure at Mativ, Schertell led the merger process, achieved targeted synergies, repositioned the company’s portfolio, and reduced non-operating costs by 15%. Under her leadership, Mativ maintained a healthy liquidity position with a current ratio of 2.37 and generated annual revenue of nearly $2 billion. Prior to this role, she served as President and CEO of Neenah Inc., where she guided the company to record free cash flow.

Bushnell, who oversaw the sale of the Stevens Point, WI mill and the closure of the Chillicothe, OH facility, will remain with the company through September in an advisory capacity to ensure a smooth transition.

"Pixelle has a strong core business, with unique capabilities and a talented team," Schertell said. "I am excited to lead the company forward by investing in our Spring Grove site and strengthening customer relationships."

The company stated it has taken steps to reposition itself, focus its portfolio, and invest in its future, including new initiatives at its Spring Grove location aimed at improving productivity, cost, and quality.

Pixelle Specialty Solutions, headquartered in Spring Grove, Pennsylvania, manufactures specialty papers with operations in North America, according to the company’s press release statement. For detailed analysis of companies in the specialty materials sector, including comprehensive financial metrics and expert insights, visit InvestingPro, where you’ll find in-depth research reports covering 1,400+ US equities.

In other recent news, Mativ Holdings Inc. reported its second-quarter 2025 earnings, which revealed a notable performance in revenue. The company met earnings per share (EPS) expectations with a reported EPS of $0.33, aligning with analyst predictions. However, it was the revenue figures that stood out, as Mativ Holdings achieved $525.4 million, surpassing the forecast of $486.8 million by 7.93%. These results indicate strong business performance and have likely contributed to positive investor sentiment. While the earnings aligned with expectations, the revenue beat highlights the company’s ability to generate higher-than-anticipated sales. Analyst firms have yet to provide updated ratings following these results. These recent developments reflect the company’s current financial health and market position.

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