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RYAM - Rayonier Advanced Materials grants CEO inducement awards
Rayonier Advanced Materials Inc.
Rayonier Advanced Materials (NYSE:RYAM) granted an award of Leveraged Performance Units with target value of $1.5M to its recently appointed CEO Vito J. Consiglio. Earned LPUs will be settled in company common stock and will be subject to a 1-year holding requirement post-vesting as well as a value cap of 15x of the initial grant value.