8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

July 28, 2010

Date of Report (Date of earliest event reported)

KapStone Paper and Packaging Corporation

(Exact name of registrant as specified in its charter)

Delaware	000-51150	20-2699372
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

1101 Skokie Blvd., Suite 300 Northbrook, Illinois	60062
(Address of principal executive offices)	(Zip Code)

(847) 239-8800

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02Departure of Directors or Principal Officers; Election of Directors; Appointment of Principle Officers; Compensatory Arrangements of Certain Officers

On July 28, 2010, Kapstone Paper and Packaging Corporation announced that the Board of Directors has elected Matthew H. Paull as a Class C director with a term expiring in May 2012.  Mr. Paull will receive the standard compensation received by non-employee directors.  The compensation arrangements are disclosed in the Company’s Form DEF 14A filed April 15, 2010.

Item 9.01Financial Statements and Exhibits

The following exhibits are being filed as part of this Form 8-K:

Exhibit
No.
99.1	Press release dated July 28, 2010 announcing the election of Mr. Paull as a Director of the Company.

2

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 29, 2010

KAPSTONE PAPER AND PACKAGING CORPORATION
By:	/s/ Roger W. Stone
Name: Roger W. Stone
Title:   Chief Executive Officer

3

EX-99.1

Exhibit 99.1

FOR FURTHER INFORMATION:

AT THE COMPANY:

Andrea K. Tarbox

Vice President and Chief Financial Officer

847-239-8812

FOR IMMEDIATE RELEASE

WEDNESDAY, JULY 28, 2010

KAPSTONE PAPER AND PACKAGING CORPORATION ELECTS
MATTHEW H. PAULL AS DIRECTOR

Northbrook, IL — July 28, 2010 — KapStone Paper and Packaging Corporation (NYSE: KS) (“KapStone”) today announced that on July 28, 2010, the Board of Directors elected Matthew H. Paull as a Director of the Company.  Mr. Paull was elected as a Class C director with a term expiring in 2012.

Mr. Paull, age 59, was Senior Executive Vice President and Chief Financial Officer of McDonald’s Corporation from July 2001 until he retired from that position in January 2008.  He was named to Best Buy Co., Inc., Board of Directors in September 2003 and in June 2010 was elected the Lead Independent Director of the Best Buy Board of Directors.  Mr. Paull also serves as an Advisory Director of Pershing Square Capital and on the Advisory Board of the One Acre Fund, a charity focused on improving the productivity of family farms in Africa.  Previously Mr. Paull served as a board member of the Loyola Ronald McDonald House and as an advisory council member for the Federal Reserve Board of Chicago.  Mr. Paull earned his Bachelor of Arts degree and his Master’s degree in accounting at the University of Illinois.

About the Company

Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of unbleached kraft paper products and linerboard.  The Company is the parent company of KapStone Kraft Paper Corporation which includes paper mills in Roanoke Rapids, NC, and North Charleston, SC, a lumber mill in Summerville, SC, and five chipping mills in South Carolina.  The business employs approximately 1600 people.