Verso Corporation announced that Adam St. John has resigned as President and Chief Executive Officer and as a member of the Board of Directors, effective as of September 30, 2020. The Verso Board of Directors has named Randy J. Nebel, a current member of the Board, as interim President and Chief Executive Officer. Mr. Nebel will also continue to serve as a member of Verso's Board. Verso's Board will commence a search for a permanent President and Chief Executive Officer, and plans to engage a national executive search firm to help identify and evaluate qualified candidates. Mr. Nebel joined Verso's Board in 2019 and has extensive paper and packaging industry knowledge and experience. He previously served as Executive Vice President of Integrated Packing at KapStone Paper and Packaging Corporation, where he oversaw manufacturing and direct customer commercial operations. He was formerly President of Longview Fibre Paper and Packing, Inc. and is a past member of the Board of Directors of the National Association of Manufacturers and the American & Forest Paper Association.
Reality is setting in for about 225 paper mill workers in Camas. Layoffs announced in November 2017 are now underway. Many losing their jobs have worked at the mill for decades.
Workers expressed a lot of sadness, grieving the loss of jobs they spent decades doing.
The decision is forever changing the city that was built around it.
“There’s been a paper mill in Camas for 138 years,” Korhonen said. “We were proud to make paper in Camas.”
“As the mill grew, the city grew, and it kind of grew together,” said Bill Spring, the Vice President for the Association of Western Pulp & Paper Workers. “I don’t know, that remains to be seen what will happen out there.”
Camas City Administrator Peter Capell said this should not have much of an impact on the economy. Instead, the city is more worried about the families affected.
more at: https://www.kgw.com/article/money/business/layoffs-underway-at-camas-paper-mill/283-556878529