January 26, 2015 1:59 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 in North America. It offers coated groundwood paper, which is used for catalogs and magazines; and coated freesheet paper for annual reports, brochures, and magazine covers. The company also produces and sells kraft pulp used to manufacture printing and writing paper grades, and tissue products. In addition, Verso Paper Holdings offers recycled paper; customized product solutions; rotogravure coated groundwood and rotogravure coated freesheet; and ultra-lightweight uncoated printing papers, and ultra-lightweight coated and uncoated flexible packaging papers. It sells it...

6775 Lenox Center Court

Suite 400

Memphis, TN 38115-4436

United States

2,100 Employees

Phone:

901-369-4100

Key Executives for Verso Paper Holdings, LLC

Chief Executive Officer
Age: 59
Chief Financial Officer
Age: 52
Senior Vice President of Manufacturing and Energy
Age: 58
Chief Information Officer and Vice President
Age: 66
Vice President
Age: 56
Compensation as of Fiscal Year 2014.

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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