Loading
Search
NEWS STORIES

Wausau Paper will bring on two new board membersSubmitted: 03/06/2013
Lane Kimble
Lane Kimble
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

ANTIGO - Getting your family a new dog or cat for Christmas can be more troublesome that thoughtful.

Shelter animals tend to be extra sensitive when they come to a new home.

The holiday season often creates an even more stressful environment with visitors coming and going.

Those Christmas decorations can also frighten a new pet.

"It's a little nicer to maybe wait until January when the holidays are over where you can really spend time with the animal, get them used to the home and there's no hustle and bustle of the holidays," says Langlade County Humane Society President Bob Zoretich.


+ Read More

Play Video

WOODRUFF - People who've experienced a loss in their family may find the holiday season difficult to handle.

Woodruff's Nimsgern Funeral Home held a ceremony on Saturday to try and help people heal.

+ Read More

Play Video

RHINELANDER - This year the city of Rhinelander wanted to create a whole new experience by transforming Hodag Park into the "Lights of the Northwoods."
"You can always follow but you can't always be the first one's," said Lights of the Northwoods Vice President Shawn Will.
Will, will always remember this week as the time he was trailblazer.
"Our grand community event," said Will.

Since he was a child he traveled to other communities to enjoy the magic of the holidays.
"Now the kids can come to this park and see what we're doing here," said Will.

+ Read More

BOULDER JUNCTION - For 24 years the Boulder Junction Lions Club gave children in the community an early Christmas, with its annual Children's Christmas Party.
Sunday the event reminded one woman that no matter where she goes she and her son can always call Boulder Junction home.
Emma Iwachniuk moved from Boulder Junction to Lake Tomahawk this year.

+ Read More

CAMBRIA - Didion Milling Company in Cambria received 19 safety citations for its explosion in May.
The fatal plant explosion killed five workers and injured 12 others.
Didion plans on challenging some of the citations.
The Occupational Safety and Heath Administration issued the citations for safety violations and proposed a $1.8 million dollar fine.
The company's appeal could take up to a year.

+ Read More

Play Video

CRANDON - What started out as a unique program for kids, turned into something the whole community can enjoy.

Jennifer Crawford owns Jennifer Sue's Cupcakery in Crandon. Crawford doesn't just sell unique cupcakes, she started teaching kids how to decorate them, too.

+ Read More

EAST TROY, WIS. - Hemp advocates say Wisconsin's marketplace must get up to speed now that hemp production has been legalized in the state.


The Janesville Gazette reports that farmers will have to learn how to grow hemp, obtain seeds, modify farm equipment and build hemp processing plants.

+ Read More
+ More General News
Search: 





Click Here