Veritiv Promotes Susan Salyer to General Counsel and Corporate Secretary

Rhea-AI Summary

Veritiv Corporation (NYSE: VRTV) announced the promotion of Susan Salyer to General Counsel and Corporate Secretary, effective June 1, 2022. Salyer, who has been with Veritiv since 2012, will oversee the company's Legal and Corporate Security teams along with her current Compliance and Sustainability roles. She succeeds Mark Hianik, who will retire after playing a crucial role in establishing Veritiv's legal and compliance frameworks since its inception in 2014. CEO Sal Abbate praised Salyer’s dedication to employee empowerment and inclusion.

Positive

• Promotion of Susan Salyer indicates strong internal talent development and succession planning.
• Salyer has extensive experience in legal and compliance roles, enhancing the company's governance.

Negative

• None.

ATLANTA, March 15, 2022 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV) announced today that Susan Salyer, Veritiv's Senior Vice President and Chief Compliance and Sustainability Officer, will be promoted to General Counsel and Corporate Secretary, effective June 1, 2022. Ms. Salyer will succeed Mark Hianik, current Senior Vice President, General Counsel and Corporate Secretary, who announced plans to retire from Veritiv.

In her expanded role, Ms. Salyer will be responsible for Veritiv's Legal and Corporate Security teams as well as her current Compliance and Sustainability oversight function. Susan joined Veritiv in 2012 and has held a variety of Legal and Compliance positions including Assistant General Counsel and Chief Compliance Officer. Ms. Salyer spearheaded Veritiv's 2020 Corporate Social Responsibility Report and led the establishment of the company's Sustainability Working Group. She is also responsible for leading Veritiv's Diversity, Equity and Inclusion (DEI) initiative and serves as the Executive Sponsor for the Women's Employee Resource Group.

"Susan has demonstrated the capacity to take on a wide range of responsibilities and works tirelessly and professionally to deliver outstanding results," said Sal Abbate, Veritiv's Chief Executive Officer. "She is passionate about empowering people and creating an inclusive environment where employees feel comfortable sharing ideas and working together towards a common goal. I am proud that we are able to promote a current employee into this role as it speaks to our ongoing employee development, intentional succession planning, and providing opportunities for team members to achieve their aspirations."

"Mark was one of the first employees hired when the company was formed in 2014 and was instrumental in developing Veritiv's legal, compliance, and corporate governance processes and procedures as a new public company," added Abbate. "Mark's pioneering work helped navigate Veritiv successfully to where we are today. We are truly appreciative of his excellent guidance, counsel, and support. I personally would like to thank Mark for his role in preparing me for the CEO role and making my transition as smooth as possible."

About Veritiv

Veritiv Corporation (NYSE: VRTV), headquartered in Atlanta and a Fortune 500^® company, is a full-service provider of packaging, JanSan and hygiene products, services and solutions. Additionally, Veritiv provides print and publishing products, and logistics and supply chain management solutions. Serving customers in a wide range of industries both in North America and globally, Veritiv has distribution centers throughout the U.S., Canada and Mexico, and team members around the world helping shape the success of its customers.  For more information about Veritiv and its business segments visit www.veritivcorp.com.

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SOURCE Veritiv Corporation

FAQ

Who will succeed Mark Hianik at Veritiv Corporation?

Susan Salyer will succeed Mark Hianik as General Counsel and Corporate Secretary, effective June 1, 2022.

What are Susan Salyer's responsibilities after her promotion at Veritiv?

She will oversee Legal and Corporate Security teams, Compliance and Sustainability functions.

When will Susan Salyer's promotion at Veritiv take effect?

Her promotion takes effect on June 1, 2022.

What has Susan Salyer accomplished at Veritiv since joining?

She has held various roles, including Assistant General Counsel, and led the 2020 Corporate Social Responsibility Report.

What role did Mark Hianik play at Veritiv before retiring?

Mark Hianik was instrumental in developing the company's legal, compliance, and corporate governance processes since its formation in 2014.