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Management Side
Clearwater Paper adds new board member

SPOKANE, Wash. (New release) -- Clearwater Paper Corporation announced that Richard D. Peach has been appointed to the company's board of directors, effective March 1, 2018. Mr. Peach will serve as a member of the audit committee.

"We are excited to welcome Richard to our board and look forward to his perspectives and contributions," said Beth E. Ford, chair of the board. "Richard's deep knowledge of finance, operations, and business strategy, as well as his accounting expertise and experience in working with cyclical industries, will be invaluable to Clearwater Paper."

Mr. Peach currently serves as the senior vice president, chief financial officer, and chief of corporate operations for Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), a manufacturer of recycled metal and finished steel products. He began his career at Schnitzer Steel as deputy chief financial officer in March 2007 and became chief financial officer in December 2007.

Mr. Peach has been appointed to the class of directors whose term of office will expire at the 2019 annual meeting, when it is expected he will be nominated for election to a three-year term. With these additions, Clearwater Paper's board now consists of eight directors, seven of whom meet New York Stock Exchange standards for independence.

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