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TMCNet:  KAPSTONE PAPER & PACKAGING CORP FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits

[July 25, 2014]

KAPSTONE PAPER & PACKAGING CORP FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits

(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principle Officers; Compensatory Arrangements of Certain Officers On July 24, 2014, Kapstone Paper and Packaging Corporation announced that the Board of Directors has elected Robert J. Bahash as a Class A director with a term expiring at the annual meeting in May 2016, and Maurice Reznik as a Class C director with a term expiring at the annual meeting in May 2015. The Board expects to assign each new director to one or more committees at its meeting in August 2014.


The Board of Directors has determined that Mr. Bahash and Mr. Reznik meet the applicable independence requirements of the New York Stock Exchange. There have been no transactions since January 1, 2013, and there are no currently proposed transactions, in which the Company was or is a participant and in which either new director or any member of his respective immediate family has or will have any interest, that are required to be reported under Item 404(a) of Regulation S-K.

The selections of Mr. Bahash and Mr. Reznik were not pursuant to any arrangement or understanding between either new director or any other persons pursuant to which either gentleman was selected as a director.

Messrs. Bahash and Reznik will receive the standard compensation received by non-employee directors. The compensation arrangements are disclosed in the Company's Form DEF 14A filed April 1, 2014.

Item 9.01 Financial Statements and Exhibits The following exhibits are being filed as part of this Form 8-K: Exhibit No.

99.1 Press release dated July 24, 2014 announcing the election of Messrs. Bahash and Reznik as Directors of the Company.

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