Lecta to Increase Prices on its Self-Adhesive Range Effective for Deliveries From the 19th of April 2021

Verso Corporation announced that Brian D. Cullen will become its Senior Vice President and Chief Financial Officer effective June 16, 2021. "I am very pleased to have someone of Brian's caliber join Verso's leadership team and serve in this critical role for our company," said President and Chief Executive Officer Randy Nebel. "His operating finance proficiency and experience combined with his strong strategic thinking and leadership skills will be extremely beneficial to Verso as we continue to strengthen our position as a leader in the paper industry." Mr. Cullen has over 20 years of broad financial and strategic leadership experience, with the majority of his career holding executive and senior leadership roles at Fortune 500 companies, including McDonald's Corporation and The Procter & Gamble Co. Prior to joining Verso he served as US Vice President of Finance and Controller for McDonald's Corporation. Mr. Cullen holds a B.B.A. in Finance with accounting concentration from The University of Notre Dame in Indiana.

Verso Corporation announced that Robert M. Amen, chairman of the company's board of directors, has decided not to stand for reelection at the company's 2018 annual meeting of stockholders and, in connection with his decision, has resigned as chairman of the board effective October 6, 2017. In connection with Amen's resignation as chairman, the Verso board has selected Eugene I. Davis, chair of the Strategic Advisory Committee and chair of the Finance and Planning Committee of the board, and Alan J. Carr, chair of the Compensation Committee of the board, as interim co-chairmen of the board. In a joint statement, Davis and Carr said, "On behalf of the entire board, we want to express our gratitude to Rob for his service to Verso. With grace, wisdom and dedication, Rob led by example as chairman of the board. We are pleased that he intends to remain on the board until the end of his term as a director, and we wish him the best in all of his future endeavors."

Georgia-Pacific recently announced plans to upgrade areas of its 640-acre Muskogee bath tissue, towel and napkin manufacturing operations. The Muskogee Mill has proposed investments of more than $50 million during the next three years to improve the safety, reliability and efficiency of operations, in addition to the investment of a new production line and equipment. “These investments will help Georgia-Pacific continue our focus on transforming manufacturing equipment and processes that result in better employee safety, environmental performance, reliability and quality,” said Amy Borovich, Muskogee Mill Facility Leader. “We appreciate the support from all of our Muskogee community partners, including the Muskogee City-County Port Authority, City of Muskogee and the City of Muskogee Foundation.” Georgia-Pacific’s Muskogee Mill employs more than 700 people, making it the largest private employer in the city. The mill makes bath tissue, paper towels and napkins for both retail and away-from-home markets, including such well-known consumer brands as Sparkle®.