Rayonier Names Vanden Noort Chief Financial OfficerHans E. Vanden Noort (Photo: Business Wire)
22 Maio 2007 - 12:50PM
Business Wire
Rayonier (NYSE:RYN) today announced that Hans E. Vanden Noort has
been elected by the Board of Directors as Senior Vice President and
Chief Financial Officer, effective June 1, 2007. Vanden Noort has
served as Senior Vice President and Chief Accounting Officer since
August 2005. In his new position, he will have responsibility for
all controllership, treasury, tax, investor relations, internal
audit, information technology and risk management functions. �I am
confident that in his expanded role, Hans� extensive financial
background, vision and leadership skills will be invaluable in our
efforts to further enhance shareholder value,� said Lee M. Thomas,
President and Chief Executive Officer. Vanden Noort joined Rayonier
in 2001 as Vice President and Controller. Previously, he was with
Baker Hughes in Houston as Vice President of Finance and
Administration for its Baker Process Division. Prior to that, he
was a senior manager for Ernst & Young in Houston. A Certified
Public Accountant, Vanden Noort has a BBA in accounting from the
University of Cincinnati and an MBA with a concentration in finance
from the University of Michigan. About Rayonier Rayonier is a
leading international forest products company with three core
businesses: Timber, Real Estate and Performance Fibers. It owns,
leases or manages 2.7 million acres of timber and land in the U.S.,
New Zealand and Australia. The company�s holdings include
approximately 200,000 acres with residential and commercial
development potential along the fast-growing Interstate 95 corridor
between Savannah, Georgia, and Daytona Beach, Florida. Its
Performance Fibers business is the world�s leading producer of
high-value specialty cellulose fibers. Approximately 40 percent of
the company�s sales are outside the U.S. to customers in more than
50 countries. Rayonier is structured as a Real Estate Investment
Trust. For further information, visit the company�s website at
www.rayonier.com. Complimentary copies of Rayonier press releases
and other financial documents are available by calling
1-800-RYN-7611.
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