Fortress Paper Ltd. announced that Alfonso Ciotola has resigned as President of the company and Mr. Wasilenkoff has consolidated such position with his role as Chief Executive Officer. Mr. Ciotola will remain with the company as Chief Executive Officer of Landqart AG and Managing Director of Dresden. In addition, Erich Sulser, Chief Operating Officer of the company and Chief Financial Officer of Landqart AG, is no longer with the company. His duties will be assumed by other officers at this time.