Patrick Moore, Smurfit-Stone Container Corp.’s chairman and CEO announced plans to retire within one year following the company’s emergence from Chapter 11 bankruptcy protection.
While retiring from the day-to-day position, Moore will continue to serve on the company’s board of directors.
Steven Klinger, president and COO, will continue to serve in his current role as well as on the company's board of directors.
The company hopes to emerge from bankruptcy protection by the first half of next year.