Schweitzer-Mauduit Announces Election of New Outside Directors
ALPHARETTA, Ga., Aug. 5 /PRNewswire-FirstCall/ — Schweitzer-Mauduit International, Inc. (NYSE: SWM) announced today that the company’s Board of Directors elected, effective as of July 31, 2009, Mr. John D. Rogers as a Class II independent Director and Mr. Anderson D. Warlick as a Class III independent Director of the company. The elections of Messrs. Rogers and Warlick will increase the membership of SWM’s Board from six to eight.
Mr. Rogers, 47, is currently President and CEO of CFA Institute and Founding Partner of Jade River Capital Management, LLC. Previously, Mr. Rogers served as President and Chief Investment Officer of Invesco Asset Management Ltd., Japan, CEO and Co-CIO of Invesco Global Asset Management, N.A., and as CEO of Invesco’s Worldwide Institutional Division.
Mr. Warlick, 52, is currently President, CEO and Director of closely-held yarn manufacturer Parkdale Inc. and its subsidiaries Parkdale Mills, Parkdale America and U.S. Cotton, LLC. He is also a board member of closely-held Kent Manufacturing Co. and Inman Mills Inc.
“Mr. Rogers and Mr. Warlick are the latest additions to our group of exceptionally talented individuals,” said Frederic Villoutreix, Chairman of the Board and Chief Executive Officer. “Like our other directors, John and Andy bring deep and valuable experience and skills, and further position our Board as a significant resource for the company as it works to build on its many strengths, address its challenges and capitalize on its great opportunities.”
Schweitzer-Mauduit International, Inc. is a diversified producer of premium specialty papers and the world’s largest supplier of fine papers to the tobacco industry. It also manufactures specialty papers for other applications. Schweitzer-Mauduit and its subsidiaries conduct business in over 90 countries and employ 3,100 people worldwide, with operations in the United States, France, Brazil, and the Philippines, Indonesia, Canada and a joint venture in China. For further information, please visit the Company’s Web site at www.schweitzer-mauduit.com.
Contact: Pete Thompson Bill Foust 770-569-4277 770-569-4203
SOURCE Schweitzer-Mauduit International, Inc.