Tredegar Corporation announced that it has increased the size of its board of directors from 10 to 12 and appointed three new independent directors: Kenneth R. Newsome, Gregory A. Pratt, and Carl E. Tack, III. Messrs. Newsome, Pratt and Tack, along with incumbent board member, George A. Newbill, will be nominated and recommended by Tredegar's board for election at the 2014 annual meeting of shareholders as Class I directors to serve a three-year term expiring at the 2017 annual meeting.

R. Gregory Williams, Chairman of Tredegar's Board, will also be nominated and recommended for election at the 2014 annual meeting as a Class II director to serve a one-year term expiring at the 2015 annual meeting. Separately, Tredegar director, Austin Brockenbrough, III, who has served on the Tredegar Board since 1993, will retire from the Board upon the expiration of his current term at the 2014 annual meeting. Following the 2014 annual meeting, the Tredegar board will be reduced from 12 to 11 directors.