Neenah Inc

NYSE:NP  
36.24
-0.93 (-2.50%)
Officer Changes, Earnings Announcements

Neenah Inc Says Julie Schertell Has Been Appointed President, Chief Executive Officer Of The Combined Company Upon Close

Published: 03/28/2022 11:37 GMT
Neenah Inc (NP) - Neenah Inc Says Julie Schertell Has Been Appointed President, Chief Executive Officer of the Combined Company Upon Close.
Neenah Inc Says John D. Rogers Appointed to Chair of the Combined Company's Board of Directors.
Swm and Neenah to Combine in All-stock Transaction to Create a ~$3 Billion Global Leader in Specialty Materials.
Neenah Inc - Expect at Least $65 Million in Annual Run-rate Cost Synergies Achieved in 24-36 Months.
Neenah Inc - Shareholders Will Receive 1.358 Shares of Swm for Each Share of Neenah Owned.
Neenah Inc - Swm Shareholders Will Own Approximately 58 Percent of Combined Company.
Neenah Inc - New Board Will Consist of 9 Directors, 5 From Swm Board and 4 From Neenah Board.
Revenue is expected to be $286.6 Million
Adjusted EPS is expected to be $0.65

Next Quarter Revenue Guidance is expected to be $286.15 Million
Next Quarter EPS Guidance is expected to be $0.89

More details on our Analysts Page.