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Rayonier Advanced Materials Inc. (NYSE:RYAM) reported on Friday that Gabriela Garcia, the company’s Chief Accounting Officer and Vice President, Corporate Controller, has resigned, effective October 10, 2025. The company stated that Garcia’s departure was not due to any disagreement with Rayonier Advanced Materials regarding its operations, policies, or practices. Garcia has served as Chief Accounting Officer since September 1, 2020.
The company also announced that Jared Rollins will assume the roles of Chief Accounting Officer and Vice President, Corporate Controller, effective October 10, 2025. Rollins, age 48, joined Rayonier Inc. in October 2006 as Manager of Tax Reporting and Planning. He was later promoted to Senior Manager in January 2012. Following the 2014 spinoff of Rayonier Advanced Materials from Rayonier Inc ., Rollins became Director of Tax Reporting and Planning, a position he held until September 1, 2020, when he was named Vice President, Financial Planning and Analysis.
Before joining Rayonier Inc., Rollins worked as a Senior Consultant in Real Estate Tax at Deloitte & Touche LLP and as a Senior Tax Researcher at Wells Real Estate Funds. He holds a Master of Accounting degree with a concentration in Taxation from the University of Florida and a bachelor’s degree in Secondary Education from Toccoa Falls College. Rollins is a Certified Public Accountant.
In connection with his new appointment, Rollins will receive base salary, annual bonus opportunities, and equity awards under the company’s Incentive Stock Plan, in addition to participating in health, welfare, retirement, vacation, and sick leave programs available to salaried employees. He has also entered into the company’s standard indemnification agreement for officers.
According to the company, there are no arrangements or understandings with other parties related to Rollins’ appointment, and he has no family relationships with directors or executive officers of Rayonier Advanced Materials. There are also no transactions requiring disclosure under applicable regulations.
This information is based on a press release statement and a filing with the Securities and Exchange Commission.
In other recent news, Rayonier Advanced Materials reported its Q2 2025 earnings, which showed a significant miss in earnings per share (EPS). The company posted an EPS of -$5.44, which was considerably lower than the forecasted -$0.23, marking a surprising deviation of 2265.22%. Additionally, revenue for the quarter amounted to $340 million, falling short of the expected $387.07 million by 12.16%. In other developments, Rayonier Advanced Materials, alongside the United Steel Workers union, filed antidumping and countervailing duty petitions against Brazil and Norway. The petitions allege that manufacturers from these countries are selling High Purity Dissolving Pulp in the U.S. at unfairly low prices. The alleged dumping margins are as high as 168 percent for Brazil and 226 percent for Norway. The filing also highlights 30 Brazilian government programs that might be providing subsidies. These are the recent developments concerning Rayonier Advanced Materials.
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