---
schema_version: "secwatch.filing_event.v1"
accession: "0001597672-22-000004"
form_type: "8-K"
ticker: "RYAM"
cik: "0001597672"
company_name: "RAYONIER ADVANCED MATERIALS INC."
filed_at: "2022-01-20T23:59:59+00:00"
generated_at: "2026-06-27T16:49:53.496010+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Rayonier Advanced Materials finalizes separation agreement with retiring CEO Paul Boynton

## Summary
- CEO Paul Boynton retired as President and CEO effective Dec 31, 2021, remains as Vice Chair until May 2022.
- Separation agreement includes monthly cash payments of $86,250 through Dec 31, 2022.
- Boynton receives restricted stock units valued at $949,200 under 2022 long-term incentive program.
- 2022 cash incentive target of $1,242,000 (120% of base) based on EBITDA, working capital, strategic metrics.
- Company will pay COBRA premiums and continue life insurance coverage for consulting period.

## SEC filing metadata
- accession: 0001597672-22-000004
- form_type: 8-K
- ticker: RYAM
- cik: 0001597672
- company_name: RAYONIER ADVANCED MATERIALS INC.
- filed_at: 2022-01-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597672/000159767222000004/0001597672-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597672/000159767222000004/ryam-20220119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001597672-22-000004
- JSON: https://secwatch.observer/filing/0001597672-22-000004.json
- Plain text: https://secwatch.observer/filing/0001597672-22-000004.txt

## Key facts
- Executive change
  Paul Boynton retired as President and Chief Executive Officer at RAYONIER ADVANCED MATERIALS INC..
  - Action: retired
  - Role: President and Chief Executive Officer
  source text: Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597672/000159767222000004/0001597672-22-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.