Boise Inc. Announces Senior Management Changes
December 20 2010 - 4:30PM
Marketwired
Boise Inc. (NYSE: BZ) announced today that Robert M. McNutt will
resign his position as senior vice president and chief financial
officer effective December 31, 2010, to pursue another employment
opportunity. The company has named Samuel K. Cotterell as senior
vice president and chief financial officer, effective January 1,
2011.
Sam brings a wealth of knowledge and company experience to his
new role. He has been Boise's vice president and controller since
February 2008. From October 2004 to February 2008, Sam was vice
president and controller of Boise Cascade, LLC. Before that, he
served as director of financial reporting for Boise Cascade
Corporation (now OfficeMax). Sam received a B.A. from the
University of Idaho, a B.S. in Accounting from Boise State
University, and a Masters of International Business from the
American Graduate School of International Management. Sam is a
certified public accountant and was recently appointed to the
American Institute of Certified Public Accountants (AICPA) Auditing
Standards Board. He served ten years on the Idaho State Board of
Accountancy, was the first Idahoan to chair the National
Association of State Boards of Accountancy, and was a member of the
original Standing Advisory Group to the PCAOB.
"We thank Rob for the many strong contributions he made to the
company," said Alexander Toeldte, chief executive officer for Boise
Inc., "notably in helping the company pay down debt and preparing
its finances for growing our businesses. We wish Rob the best in
his new role.
"I am confident that Sam will provide strong leadership as we
continue pursuing our goals of creating shareholder value through
well-performing operations, disciplined capital allocation, and
targeted growth."
Jason Bowman Director, Investor Relations 208-384-7456 Virginia
Aulin Vice President, Corporate Affairs 208-384-7837
http://www.boiseinc.com/
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