RockTenn CEO Retiring

RockTenn CEO Jim Rubright announced his retirement on Oct. 31 according to a report in the Atlanta Business Chronicle.

The company said it will promote its Chief Operating Officer Steve Voorhees as its next CEO.

Rubright oversaw the company's $3.5 billion acquisition of Smurfit-Stone in 2011.

"RockTenn will lose a remarkable CEO with Jim Rubright's retirement from the company," said Stephen Felker, RockTenn's lead independent director and soon-to-be board chairman. 

"Under Jim's leadership, RockTenn has grown to become a highly respected leader in the paper and forest products industry. RockTenn's share price has increased more than eight fold and with dividends earned a compound annual return of 18.6 percent for 14 years."

RockTenn also reported Ward Dickson will join the company on Sept. 16 as chief financial officer. He currently is senior vice president of finance for the global sales and service organization of Cisco Systems.

The company which has two locations in Norcross, one on Thrasher Street and anotherr on S. Old Peachtree Street, manufactures packaging and laminated paperboard products.