RockTenn CFO Promoted to COO

RockTenn (NYSE: RKT  ) executive Steven Voorhees is ready for a change. He's been serving as the company's executive vice president, chief financial officer, and chief administrative officer all at once. This week, RockTenn announced that Voorhees will soon have just two titles: president and chief operating officer.

He will be in charge of the company’s operating businesses, including corrugated packaging, consumer packaging, and recycling

Explaining the decision to promote Voorhees out of three jobs and into two, RockTenn Chairman and Chief Executive Officer Jim Rubright said that "Steve has a tremendous ability to generate ideas ... In his new role, Steve will have the opportunity to continue to create value for our shareholders."

As for his old roles, a company spokesman said no decision has yet been made on who will take Voorhees' place in either the CFO or CAO positions.

link


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2225136, ~/Articles/ArticleHandler.aspx, 10/21/2014 3:25:22 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement