Tredegar Corporation Announces Retirement of Michael J. Schewel; Kevin C. Donnelly Appointed as Vice President, General Counsel and Corporate Secretary

Rhea-AI Summary

Tredegar Corporation (NYSE:TG) has announced the retirement of Michael J. Schewel as Executive Vice President, General Counsel, and Corporate Secretary, effective January 1, 2021. He has been with the company since 2016. Kevin C. Donnelly, who joined Tredegar in 2010 and has served as Associate General Counsel since 2013, will replace him. John M. Steitz, President and CEO, praised Schewel's contributions and expressed confidence in Donnelly's capabilities. Tredegar reported 2019 sales of $826 million, operating in industries including aluminum extrusions and surface protection films.

Positive

• Kevin C. Donnelly, the new General Counsel, has extensive experience within the company, having served as Associate General Counsel since 2013.
• The transition in leadership comes with confidence from the CEO, indicating stability within the legal department.

Negative

• None.

Tredegar Corporation (NYSE:TG) today announced the retirement of Michael J. Schewel as Executive Vice President, General Counsel and Corporate Secretary, and the appointment of Kevin C. Donnelly to the position of Vice President, General Counsel and Corporate Secretary, effective January 1, 2021.

Mr. Schewel has served at Tredegar Corporation since 2016. Mr. Donnelly joined Tredegar in 2010 and has served as its Associate General Counsel since 2013. Prior to joining Tredegar, Mr. Donnelly was an associate at Hunton & Williams LLP (now Hunton Andrews Kurth LLP). He received a B.A. degree from the University of Richmond and a J.D. from the University of Virginia.

John M. Steitz, President and CEO of Tredegar, commented, “Mike Schewel has been an invaluable member of our management team. He will certainly be missed. We are fortunate to have Kevin Donnelly as Mike’s highly qualified successor. Kevin knows Tredegar and its businesses and has served ably as our Associate General Counsel for the past seven years.”

Tredegar Corporation is an industrial manufacturer with three primary businesses: custom aluminum extrusions for the North American building and construction, automotive and specialty markets; surface protection films for high technology applications in the global electronics industry; and specialized polyester films primarily for the Latin American flexible packaging market. Tredegar had 2019 sales from continuing operations of $826 million. With approximately 2,500 employees, the Company operates manufacturing facilities in North America, South America and Asia.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201217005099/en/

FAQ

Who is the new General Counsel of Tredegar Corporation?

Kevin C. Donnelly has been appointed as the new General Counsel and Corporate Secretary of Tredegar Corporation.

When did Michael J. Schewel retire from Tredegar Corporation?

Michael J. Schewel retired effective January 1, 2021.

What are the primary businesses of Tredegar Corporation?

Tredegar Corporation operates in custom aluminum extrusions, surface protection films, and specialized polyester films.

What were Tredegar Corporation's sales from continuing operations in 2019?

Tredegar Corporation reported sales of $826 million from continuing operations in 2019.