11.10.17
Neenah Paper, Inc. announced that the company will change its name to Neenah, Inc. effective on January 1, 2018. The company's ticker symbol on the New York Stock Exchange will remain "NP" and names of subsidiaries will not be affected.
"As we've continued to successfully execute our strategy to increase our presence in growing and profitable specialty niche markets, the last name of 'paper' does not sufficiently reflect the diversity of our current and future company," says John O'Donnell, CEO. "The Neenah name, however, will continue to represent a product portfolio known for high performance and premium quality, as well as a company appreciated for its disciplined capital allocation and commitment to providing attractive returns to investors."
"As we've continued to successfully execute our strategy to increase our presence in growing and profitable specialty niche markets, the last name of 'paper' does not sufficiently reflect the diversity of our current and future company," says John O'Donnell, CEO. "The Neenah name, however, will continue to represent a product portfolio known for high performance and premium quality, as well as a company appreciated for its disciplined capital allocation and commitment to providing attractive returns to investors."
