Glatfelter Announces Leadership Changes in Finance

Glatfelter (NYSE:GLT) today announced key leadership changes in their corporate headquarters located in York, Pennsylvania. Amy Wannemacher is promoted to Vice President of Tax, and Ramesh Shettigar has joined Glatfelter as Vice President and Treasurer. These executives will report to John Jacunski, Executive Vice President and Chief Financial Officer.

In making this announcement, Mr. Jacunski said, “These leadership changes continue to build upon the foundation of talent within the Finance function to meet the growing demands of the business. I am pleased to announce Amy’s promotion as she is a well respected leader who has built an effective global tax team that has executed tax strategies designed to create value for our stakeholders. Equally, I am delighted Mr. Shettigar joins our Company, as he brings a diverse and strong global treasury background to execute our financial strategies, support the growth of the business and generate value for our shareholders.”

Ms. Wannemacher brings over 20 years of global tax leadership and expertise to her assignment. Ms. Wannemacher joined Glatfelter in 2005 as the Director of Tax. Prior to joining Glatfelter, she worked for Dentsply International Inc. for 14 years in a variety of senior tax roles. Ms. Wannemacher earned a Bachelor of Science in Accounting from Shepard University. She is a member of Tax Executive Institute, Manufacturers Alliance for Productivity & Innovation – Tax Council and American Forest & Paper Association – Tax Resource Committee. Active in the community, she serves as a Director of the York County United Way.

As Vice President and Treasurer, Mr. Shettigar will assume responsibility for Glatfelter’s treasury functions, with responsibilities for global cash and debt management, pensions, insurance, risk management as well as capital markets activity. This includes the effective development of key relationships with our banks and rating agencies.

Mr. Shettigar brings 16 years of progressive financial and treasury experience to Glatfelter. Most recently, he served as the Director of Treasury at Quest Diagnostics. During his tenure, he also served as Director of Financial Planning & Analysis for the Hospital Operations. Prior leadership roles included assignments with Praxair Inc., Delphi Corporation, and McDermott International. Mr. Shettigar earned a Bachelor of Science in Business Administration/Finance from the Kenan-Flagler Business School, University of North Carolina at Chapel Hill. In addition, he earned a Master of Information Management from the School of Engineering & Applied Science, Washington University and a Master of Business Administration, Finance and Strategy from Washington University, Olin School of Business in St. Louis. He is a Certified Management Accountant (CMA) and Certified Treasury Professional (CTP).

About Glatfelter

Celebrating its 150th anniversary in 2014, Glatfelter is a global supplier of specialty papers and fiber-based engineered materials, offering innovation, technical expertise, and world-class service. Headquartered in York, PA, U.S. operations include facilities in Spring Grove, PA and Chillicothe and Fremont, OH. International operations include facilities in Canada, Germany, France, the United Kingdom and the Philippines, and sales and distribution offices in Russia and China. Glatfelter’s sales approximate $1.8 billion annually and its common stock is traded on the New York Stock Exchange under the ticker symbol GLT. Additional information may be found at www.glatfelter.com.

Contacts:

Glatfelter
Investors:
John P. Jacunski, 717-225-2794
John.Jacunski@glatfelter.com
or
Media:
William T. Yanavitch II, 717-225-2747
William.Yanavitch@glatfelter.com

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