Rayonier advanced materials announces proposed declassification of board of directors and elimination of supermajority voting provisions

Jacksonville, fla.--(business wire)--rayonier advanced materials inc. (nyse:ryam) (the “company”) announced today that the company plans to submit two important management proposals to the company's stockholders for a vote at its next annual stockholder meeting in may of 2022. the first proposal would seek stockholder approval to amend the company's certificate of incorporation (the “charter”) in order to declassify the company's board of directors and allow for the annual election of directors
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