Loading
Search
NEWS STORIES

Wausau Paper will bring on two new board membersSubmitted: 03/06/2013
Lane Kimble
Lane Kimble
Assistant News Director
lkimble@wjfw.com

Wausau Paper will bring on two new board members
WAUSAU - It seems Wausau Paper's largest shareholder will get what it wanted... Two new, non-affiliated Board Members. Wausau Paper announced the decision Wednesday.

New York-based Starboard Value LP holds about 15 percent of Wausau Paper's stock.

It had demanded the paper company sell underperforming mills and make changes to its Board of Directors earlier this year.

The two new board members were suggested by Starboard Value LP, but do not have any connection to either Starboard Oor Wausau Paper.

They'll be up for approval at the 2013 Annual Meeting.

This is the third big change of the year for Wausau Paper. In January, the company announced the sale of three midwest mills, including Rhinelander's.

Then, last month, they announced the Brainerd, Minn. mill would close.

Text Size: + Increase | Decrease -
| Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS

WAUPACA COUNTY - A 15-year-old boy died after being accidentally shot in Waupaca County.

According to the Waupaca County Sheriff's Office, police received a call just before 1 p.m. Wednesday.

+ Read More

Play Video

ONEIDA COUNTY - The summer may be half way over, but there is still time for seniors to get Farmers Market Vouchers.

Oneida County Department on Aging offers a limited number of vouchers every summer. 

Seniors can use the vouchers at any approved farmers' markets. 

It's good for $25.00 worth of fruit and vegetables. 

"It's only $25.00 but I tell you this is such a popular program. People are calling us in May and June asking when it's going to be available," said Oneida County Department on Aging Director Dianne Jacobson. 

+ Read More

Play Video

THREE LAKES - Normally when we think of invasive species, we want to get rid of them. But on Tuesday in Three Lakes, people learned how to cook with invasive species.

It was all part of a cooking demonstration held at the Demmer Memorial Library. Oneida County AIS Coordinator Stephanie Boismenue led the class.

Boismenue says it's an effort to help educate the public.

+ Read More

RHINELANDER - One person went to the hospital Wednesday after a two car crash south of Rhinelander.

The car accident happened around 1:30 Wednesday afternoon on Highway 17 heading south between Rhinelander and Gleason.

One driver was rushed to the hospital, but Oneida County Sheriff's Sergeant Greg Gardner doesn't suspect any life threatening injuries.

"One vehicle started to slow to make a turn into their driveway and the vehicle following collided with them," said Gardner.

+ Read More

Play Video

RHINELANDER - If you want to toss some discs at a championship-caliber course by this fall, you'll need to put in some work to get it done.

Volunteers and workers poured about half of the concrete tee boxes at the Newbold Outdoor Recreation Area in the last few weeks.

The 18-hole course, hiking and snowshoe trails are carved out of an old landfill off Ole Lake Road. Committee chairman Pete Cody says planning goes back about three years, but most of the visible work happened this year.

+ Read More

Play Video

ONEIDA COUNTY - A Northwoods organization wants to keep adding to the number of leaders we see in the community.

Leadership Oneida County is a nine-month program which aims to help build leaders and strengthen involvement. The group is currently accepting applications until August 1st.

+ Read More

MADISON - An invitation to President Donald Trump's afternoon news conference with Wisconsin officials says electronics giant Foxconn will build a liquid-crystal display panel plant in Wisconsin.

The Associated Press obtained the invitation from a person with knowledge of the Wednesday afternoon event at the White House. The person doesn't have authorization to publicly release the information.

+ Read More
+ More General News
Search: 





Click Here