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RIVERWOOD INTERNATIONAL ELECTS BETTE B. ANDERSON TO BOARD OF DIRECTORS

    ATLANTA, Aug. 5 /PRNewswire/ -- Riverwood International Corp.'s (NYSE: RVW) board of directors today elected Bette B. Anderson to the company's board of directors, bringing the number of directors to 15. She will serve as chairperson of the Compensation Committee and as a member of the Executive Committee.
    Anderson is president of Kelly, Anderson & Associates Inc., a Washington-based management consulting and business development firm that provides strategic management, market strategy and government relations services to a wide range of United States and international clients.  Earlier, she was managing partner of the consulting firm, Anderson, Benjamin, Read & Haney Inc. from 1984 to 1989, and Gray & Co. from 1981 to 1983.  She was the first woman to serve as Under Secretary of the Treasury, a post she held from 1977 to 1981.  Before her nomination to the U.S. Treasury post, she was Senior Vice President of credit administration for the Citizens and Southern National Bank of Savannah, Ga.
    "As we continue to grow our machinery-based paperboard packaging capabilities worldwide, Bette's expertise and thoughtful counsel will be especially valuable," said Thomas H. Johnson, president and chief executive officer of Riverwood International.
    Anderson currently serves on the board of directors of Manville Corp., the ITT Corp., ITT Financial Corp., MNC Financial and Security Trust Co.
    She is Chairman of the U.S. Treasury Historical Association, and is a member of the Council for the Miller Foundation at the University of Virginia, the Advisory Council of the Girl Scouts of the United States of America, and the National Commission to Ensure a Strong Competitive Airline Industry.  She also served a four-year appointment as Director for the Metropolitan Washington Airport Authority.
    She was educated at Georgia Southern College and the Stonier Graduate School of Banking of Rutgers University.
    Riverwood International is an international packaging systems and paper products company.  At the end of 1992, the company employed more than 8,500 people worldwide and had sales of more than $1 billion and assets of approximately $2 billion.  The company is headquartered in Atlanta and has seven major business operations spanning North America, Europe, Asia-Pacific, Central America and South America.
    -0-             08/05/93
    CONTACT:  Jonna Manes (media) of Riverwood International, 404-644-3014
    (RVW) CO:  RIVERWOOD INTERNATIONAL CORP. IN:  PAP CST SU:  PER ST:  GA


-- DV009 -- X314 08/05/93
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Publication:PR Newswire
Date:Aug 5, 1993
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