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July 02, 2015 6:48 PM ET

Paper and Forest Products

Company Overview of Verso Paper Holdings, LLC

Company Overview

Verso Paper Holdings LLC manufactures and sells coated papers to catalog, magazine, insert, and commercial printing markets primarily in North America. The company offers coated groundwood paper, which is primarily used for catalogs and magazines; coated freesheet paper that is primarily used for annual reports, brochures, and magazine covers; and market kraft pulp, which is used to manufacture printing and writing paper grades, and tissue products. It also provides recycled papers; customized product solutions; and ultra-lightweight uncoated printing papers, and ultra-lightweight coated and uncoated flexible packaging papers. Verso Paper Holdings LLC serves the end-users of its products dir...

6775 Lenox Center Court

Suite 400

Memphis, TN 38115

United States

1,630 Employees



Key Executives for Verso Paper Holdings, LLC

Chief Executive Officer, President and Director
Age: 60
Chief Financial Officer, Principal Accounting Officer, Senior Vice President, Assistant Secretary and Director
Age: 53
Senior Vice President of Manufacturing and Energy
Age: 59
Chief Information Officer and Vice President
Age: 67
Vice President, Secretary and General Counsel
Age: 57
Compensation as of Fiscal Year 2015.

Verso Paper Holdings, LLC Key Developments

Verso Paper Holdings, LLC Announces Election of Directors

On January 7, 2015, David J. Paterson, the president and chief executive officer of Verso Paper Corp. and Robert P. Mundy, the senior vice president and chief financial officer of Verso Paper Corp., were elected to serve as the directors of Verso Paper Holdings, LLC following the removal without cause of the existing directors of Verso Paper Holdings, LLC.

American Iron and Metal Eyes Bucksport Paper Mill

American Iron & Metal Company, Inc. plans to acquire Bucksport paper mill from Verso Paper Holdings, LLC for $60 million. Verso representatives have said the sale is expected to be completed early 2015.

Verso Paper Seeks To Sell Bucksport Mill

Verso Paper Holdings, LLC is shutting down the paper mill in Bucksport. Derik Goodine, Bucksport town manager, said, “Ideally I would like to see them not disassembling it if there are prospective buyers out there," Goodine said. "I think there must be."

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