Boise Inc. : CEO Toeldte Named Board Chairman of American Forest & Paper Association
02/09/2012| 04:16pm US/Eastern
BOISE, Idaho - Boise Inc. (NYSE: BZ) announced today that the
company's president and CEO, Alexander Toeldte, has been
elected board chairman of the American Forest & Paper
"I am honored to be elected as
chairman of the board for 2012," said Toeldte. "AF&PA member
companies manufacture products integral to society and
provide well-paying jobs for thousands of Americans. We are
proud of the fact that our industry is one of the largest
producers and users of green renewable biomass energy in the
world. We have also led the way in voluntarily recycling our
products. I look forward to working with my colleagues to
help increase awareness of our sustainability success
Mr. Toeldte has been active
with the AF&PA Board of Directors since being elected in
2008, serving in leadership positions within the CEO Task
Force and committee structure. A native of Cologne, Germany,
Toeldte studied economics at the Albert-Ludwigs-Universitat
in Freiburg, Germany and received his M.B.A. from McGill
University in Montreal, Canada.
"With the election of
Alexander as chairman and our 2012 board officers, AF&PA
continues the good fortune of having dedicated, responsible
stewards of the industry to guide our policies and planning,"
said AF&PA President and CEO Donna Harman. "Through the
active involvement of our new chairman, officers and members
of our board, AF&PA will continue to promote solutions that
will advance our industry's competitiveness."
The AF&PA Board of Directors
currently consists of 29 presidents, chairmen and chief
executive officers representing the broad spectrum of the
forest products industry.
About Alexander Toeldte
Mr. Toeldte has served as Boise's president and chief
executive officer and a director since February 2008. Mr.
Toeldte joined Boise Cascade Holdings, L.L.C. in early
October 2005 and served as executive vice president of that
company's Paper and Packaging and Newsprint segments. Mr.
Toeldte's previous experience includes: chairing a private
management and consulting firm in Auckland, New Zealand;
serving as executive vice president of Fonterra Co-operative
Group, Ltd., and chief executive officer of Fonterra
Enterprises (Fonterra, based in New Zealand, is a global
dairy company); serving in various capacities with Fletcher
Challenge Limited Group (formerly one of the largest
companies in New Zealand with holdings in paper, forestry,
building materials, and energy), including as chief executive
officer of Fletcher Challenge Building and as chief executive
officer of Fletcher Challenge Paper, and serving as a partner
at McKinsey & Company in Toronto, Brussels, Montreal, and
The American Forest & Paper Association is the national trade
association of the forest products industry, representing
pulp, paper, packaging and wood products manufacturers, and
forest landowners. Our companies make products essential for
everyday life from renewable and recyclable resources that
sustain the environment. The forest products industry
accounts for approximately 5 percent of the total U.S.
manufacturing GDP. Industry companies produce about $190
billion in products annually and employ nearly 900,000 men
and women, exceeding employment levels in the automotive,
chemicals and plastics industries. The industry meets a
payroll of approximately $50 billion annually and
is among the top 10 manufacturing sector
employers in 47 states. Visit AF&PA online at http://www.afandpa.org/.
About Boise Inc.
Headquartered in Boise, Idaho, Boise Inc. (NYSE: BZ)
manufactures a wide variety of packaging and paper products.
Boise's range of packaging products includes linerboard
and corrugating medium, corrugated containers and sheets, and
protective packaging products. Boise's paper products
include imaging papers for the office and home, printing and
converting papers, and papers used in packaging, such as
label and release and flexible packaging papers. Our
employees are committed to delivering excellent value while
managing our businesses to sustain environmental resources
for future generations.www.BoiseInc.com.
Office 208 384 7037 KarenPunch@BoiseInc.com
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