Rayonier Advanced Materials Inc., or RYAM, said Jan. 5 that Scott Sutton was named president and chief executive officer.
The Jacksonville-based cellulose specialties products company announced Dec. 10 that De Lyle Bloomquist planned to retire in 2026 and it began a search for a successor.
Sutton is the former president and CEO of Olin Corp., a Missouri-based maker of chemical products and ammunition through its Winchester subsidiary.
“Scott is a highly respected leader with deep industry expertise and a demonstrated ability to drive performance in complex operating environments,” RYAM board Chair Lisa Palumbo said in a news release.
Sutton was CEO of Olin from September 2020 through March 2024. The company announced in September 2023 he would leave the company by mutual agreement.
RYAM has struggled financially, reporting losses from continuing operations for six straight years through 2024 and losing $399 million in the first nine months of 2025.
Bloomquist, CEO since May 2022, will serve as an adviser to Sutton to support leadership continuity and ongoing strategic initiatives.
“RYAM has a solid foundation, a talented team, and a portfolio of products that play an essential role in global markets. I look forward to working closely with the Board and the entire organization to accelerate performance, strengthen partnerships, and unlock the Company’s full potential,” Sutton said in the news release.