Board Converting News, June, 9, 2025

Advantive CFO Ryan Asche Named 2025 CFO Of The Year

tions. Ryan’s recognition highlights his deep commitment to financial excellence and his ability to lead through both transformation and scale. Under Ryan’s leadership, Advantive has reached key milestones—including the successful integration of multi- ple acquisitions and the strengthening of the company’s financial foundation. His strategic oversight has positioned Advantive as a leader in mission-critical software for spe- cialty manufacturing and distribution, enabling long-term growth and operational efficiency. The 2025 CFO of the Year Awards ceremony was held on May 22 at the Georgia Aquarium, where Atlanta’s top financial leaders gathered to celebrate outstanding achievements across the region. For more information, visit advantive.com .

Tampa, Florida based Advantive announced that Ryan Asche, Chief Financial Officer at Advantive, has been

named a 2025 CFO of the Year by the Atlanta Business Chroni- cle. This prestigious honor recog- nizes Ryan’s exceptional financial leadership and the critical role he has played in fueling Advantive’s growth and innovation.

The CFO of the Year Awards celebrate visionary financial execu- tives who drive performance, man- age complexity, and shape the future of their organiza- Ryan Asche

Industry Updates Standard For Recycling Cardboard The American Forest & Paper Association (AF&PA) and Fibre Box Association (FBA) announced an update to their “Voluntary Standard For Repulping and Recycling Coated or Treated Corrugated Fiberboard and its Equivalents in the Old Corrugated Containers (OCC) Recycling Stream.” The Voluntary Standard provides an indus- try-supported set of test protocols that evaluate whether products such as coated or treated cardboard packaging are repul- pable and recyclable. “This will help our industry develop in- novative coatings and treatments for card- board packaging to meet customer needs, while also ensuring they can be validated as repulpable and recyclable,” said Vice President, Industry Affairs, Terry Webber. A joint committee of AF&PA and FBA members developed the update to the Voluntary Standard. It is aligned with cur- rent mill technology and manufacturing practices. The Voluntary Standard aims to help the industry evaluate their coatings and treatments to ensure their packaging can be repulped and recycled using com- mon mill technology. “The repulpability and recyclability test procedures deliver results that are valid, reliable and repeatable,” said FBA CEO Bob McIlvaine. This publication updates joint AF&PA-FBA “Voluntary Standard for Repulping and Recycling Corrugated Fi- berboard Treated to Improve its Perfor- mance in the Presence of Water and Water Vapor,” published in 2013. To download, visit afandpa.org .

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June 9, 2025

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