The board of directors of Tredegar Corporation announced that effective immediately, Nancy M. Taylor, president and CEO, and Kevin A. O'Leary, vice president, CFO and treasurer, have stepped down from their respective positions. Taylor also resigned her position on the board of directors. The company announced that board member John D. Gottwald, who served for seventeen years as Tredegar's president and CEO, will assume the duties of president and CEO on an interim basis until the Board completes a search for a new leader.

D. Andrew Edwards, formerly vice president, CFO and treasurer of Tredegar Corporation from 2003 to 2009, will return to the company to serve as vice president, CFO and treasurer, effective the end of July.