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NEWS STORIES

Wausau Paper's largest shareholder calls for management overhaul and move, or saleSubmitted: 01/19/2014

Lauren Stephenson
5 p.m. Anchor/Reporter
lstephenson@wjfw.com

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MOSINEE - Wausau Paper's largest shareholder, Starboard Value LP, wants the company to replace management or consider selling the company.

Starboard owns more than 15% of Wausau Paper's stock.

It publicly released a 10-page letter outlining its suggestions to board members Friday.

The letter criticizes current management for "ignoring shareholder concerns" and the company's "prolonged underperformance under the direction of the current management team and Board."

In the letter, Starboard's CEO Jeffrey Smith says Wausau Paper's board "has been more intent on lining the pockets of management."

He says the board spent $250 million to restructure its printing and writing business.

Starboard suggested they sell it.

Wausau Paper did finally sell the two specialty printing mills in Rhinelander and Mosinee to KPS Capital Partners LP last summer.

But Starboard CEO Jeffrey Smith said they should have sold a year earlier when the business was worth more.

Starboard claims management refuses to move headquarters from Mosinee even though "Wausau's Tissue business, which now represents 100% of revenue, operates entirely out of Kentucky and Ohio."

Wausau Paper just invested $220 million into its facility in Kentucky.

Starboard argues the management should move there to oversee the operations.

The letter also nominates three people directors to the Wausau Paper board.

One of those nominees is Starboard CEO Jeffrey Smith.

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 IN OTHER NEWS
Learning in Retirement program offers variety of classes for retireesSubmitted: 09/29/2014

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LAC DU FLAMBEAU - Retiring in the Northwoods can be a great option for some people.

A local college wants to serve the community by offering classes for retirees.

Nicolet College's Learning in Retirement program offers everything from science classes to a tour of the WJFW studio.

"Learning is something, it becomes a passion to people. They've experienced it all through their lives. But it doesn't stop, we believe, at retirement," says Learning in Retirement past president Edward Lee.

Students in the Learning in Retirement program had the chance to learn more about Ojibwe culture.

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Nearly 17,000 attended Beef-A-Rama, more than 2013 total Submitted: 09/29/2014

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MINOCQUA - Leaders at the Minocqua Area Chamber of Commerce believe nearly 17,000 people came to the area for Beef-A-Rama.

Last year, about 15,000 people attended. Minocqua Area Chamber of Commerce Executive Director Krystal Westfahl believes the significance of the 50th anniversary celebration played a role.

"It was huge for us to have this 50th anniversary, but I also think the fact that the weather was so great," said Westfahl. "People are just really getting to know the Minocqua area as just being full of life."

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Lawmaker's daughter faces new drug chargesSubmitted: 09/29/2014

GREEN BAY - The daughter of a Wisconsin lawmaker faces new criminal charges accusing her of possessing narcotics.

Twenty-five-year-old Cassie Nygren of Marinette appeared in Brown County court on Monday after being arrested Friday morning. Nygren faces two counts of possession of narcotic drugs and one count of possessing an illegally obtained prescription.

Nygren's struggle with heroin has made her a face of recovery and prompted her father, Republican state Rep. John Nygren, to draft legislation aimed at helping addicts.

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Naked, screaming man arrested at Capitol rotundaSubmitted: 09/29/2014

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MADISON - State officials are looking into how a naked man found his way into the Wisconsin state Capitol's rotunda.

The man appeared undressed in the rotunda around 4 p.m. Monday and began shouting at the top of his lungs. It was unclear what he was saying.

A Capitol Police officer quickly led him away.

Stephanie Marquis is a spokeswoman for the state Department of Administration, which oversees the Capitol Police. She says the man was screaming that he was Jesus Christ. She says he will be taken to jail on suspicion of disorderly conduct and lewd and lascivious behavior.

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Inmate walks away from Marathon County JailSubmitted: 09/29/2014

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MARATHON COUNTY - Marathon County deputies want to find an inmate who walked away.

Tommie Rothenberger was let out of jail Friday morning to go to school at Northcentral Technical College. He never came back.

Around 4:25 p.m. Friday afternoon, a call came in saying Rothenberger was at a hotel in Clintonville with his girlfriend.

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Local pharmacies and clinics prep flu vaccineSubmitted: 09/29/2014

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RHINELANDER - About 62 million Americans got their flu shot as of September 19.

Health leaders believe that the flu shot is the best way to prevent getting sick this season.

Pharmacies and clinics in the Northwoods are prepared to hand out flu shots.

The Centers for Disease Control and Prevention say manufacturers believe 151-159 million doses of flu vaccine will be produced this season.

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Free internet marketing help offered to small businessesSubmitted: 09/29/2014

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ONEIDA AND VILAS COUNTIES - Small businesses can struggle to make their presence known.

Websites and social media could help them reach more people. But designing a website can be a challenge.

UW Extension will offer free internet marketing training to some Northwoods small businesses.

Small business owners and employees from Oneida, Vilas, Bayfield and Ashland counties can participate in the training.

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